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Business News; Tracks, records, analyzes, and interprets the businesseconomic and financial activities, and changes that take place in societies.

FG Earmarks N2.55tr For Subsidy In Supplementary Budget

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President Muhammadu Buhari has earmarked N2.55trillion for fuel subsidy in the 2022 Supplementary Appropriation Bill transmitted to the National Assembly for consideration and approval. The...

FIRS Chairman Tasks Accountants On Ethics, Standard

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The Chairman Federal Inland Revenue Service, FIRS Mohammed Nami, FCNA has urged members of the Accounting profession to always uphold ethical conduct and high...

Naira Notes Swap: Gbajabiamila Threatens CBN Governor, Emefiele With Arrest

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Naira Notes Swap: Gbajabiamila Threatens CBN Governor, Emefiele With Arrest

The Speaker of the House of Representatives, Femi Gbajabiamila, has declared his readiness to issue a warrant of arrest on the Governor of the...

How Orji Kalu’s N3m Loan Revived My Hope, Made Me A Millionaire — Chijioke Mba

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How Orji Kalu's N3m Loan Revived My Hope, Made Me A Millionaire — Chijioke Mba

Interest-free loans disbursed to Nigerians by the Senator representing Abia North, Dr. Orji Uzor Kalu through his foundation, Orji Uzor Kalu Foundation is yielding...

China Approves Loan For $2.6 Billion AKK Gas Pipeline

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China has approved and will disburse its 85 per cent loan required to fund the $2.6bn Ajaokuta-Kaduna-Kano gas pipeline project, the Federal Government announced...

NNPCL Considers Handing Over Rehabilitated Port Harcourt Refinery To Private Operators

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As the Port Harcourt oil Refinery comes to life, the Nigerian National Petroleum Company Limited has concluded plans to hand over the government refinery...

Buhari Against Fuel Subsidy Removal – Sylva

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  The Minister of State for Petroleum, Timipre Sylva, says President Muhammadu Buhari is not in support of the removal of subsidy on the Premium...

Reduction In Price Of Diesel Will Fight Inflation, Says Dangote

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Africa’s Richest Man Dangote Set To Buy French Club

The Chairman of Dangote Group, Alhaji Aliko Dangote, has assured that the slash in diesel price to N1,200 by his refinery below the market...

Inflation Rises To 16.82% In April 2022 – NBS

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Inflation Rises To 16.82% In April 2022 - NBS

The National Bureau of Statistics, NBS, said inflation rate rose to 16.82 percent in April  2022, representing a 0.90 percent rise when compared to 15.92  per cent recorded in March 2022. The bureau also said that the composite food index rose year...

Manufacturing Export Stagnates Despite Rising Trade Value

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Manufacturing Export Stagnates Despite Rising Trade Value

The contribution of manufactured goods to Nigeria’s export basket has stagnated for four consecutive years despite a sharp rise in the country’s total export...

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