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Saturday, May 11, 2024

CATEGORY

Business

Manufacturers Brace Up For 4% Growth In Capacity Utilisation

By OLAJIDE FABAMISE, Lagos The Manufacturers Association of Nigeria (MAN) has said that Capacity utilisation in the manufacturing sector is expected to grow by four...

Naira: Nigeria’s External Reserves At 3-Month Low, Now $30.22 Billion

Nigeria’s external reserved has dropped to $30.22 billion, despite consistent interventions to bolster the Naira at the foreign market. The figure, which is the lowest...

Naira Appreciates By N2 In The Parallel Exchange Market

In response to increased dollar supply, the Naira has appreciated from N366 to N364 per dollar in the parallel exchange market. The Naira which had...

FG Spends N7.1trn On Debt Service In 8 Years

The federal government has spent a whopping N7.1 trillion on debt servicing alone in the last eight years. The figure is cumulative of the amount...

Naira Gains Seven Points Against Dollar After CBN Intervention

The Naira on Tuesday appreciated to N363 per dollar in the parallel market. Naira dropped to N363 per dollar from N370 per dollar on Monday...

FIRS Introduces 6 Online Tax Solutions

The Federal Inland Revenue Service (FIRS) has introduced six key electronic solutions (e-Services) to enhance convenience, transparency and round the clock processing and payment...

Naira Continues To Gain Against Dollar

The Naira appreciated to 374 to US dollar on Thursday. The local currency had a good week, maintaining its grip against the greenback. Naira’s strength is...

Dangote Pays N700m Tax To Benue State  

…Rolls out CSR schemes The Governor of Benue State Samuel Ortom has said the Dangote Cement Plc, Gboko Plant, has paid a staggering N7000million tax...

AMCON To Sell Peugeot Automobile To Dangote, Kebbi, Kaduna States

The Asset Management Company of Nigeria, AMCON, has disclosed that it is close to selling Peugeot Automobile Nigeria, PAN, Ltd to Aliko Dangote, and...

Osinbajo Seeks Approval To Borrow $1.28bn, €9m

Acting President Yemi Osinbajo has sought to include the Development Bank of Nigeria (DBN) and Fund for Agricultural Finance in Nigeria (FAFIN-II) in the...

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