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Recession: FG plans tax relief for manufacturers

    Recession: FG plans tax relief for manufacturers

The Federal Government, in a bid to ease the burden of the current economic recession on the manufacturing sector, is planning some form of tax relief for the sector. The

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Presidency eyes steady growth despite weak Q3 report

    Presidency eyes steady growth despite weak Q3 report

The Presidency yesterday expressed optimism that the economy was on steady growth despite the third quarter (Q3) report of the National Bureau of Statistics (NBS) which showed a further contraction

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Yudala signs on Frank Edwards as brand ambassador

    Yudala signs on Frank Edwards as brand ambassador

Yudala, Africa’s pioneer composite e-commerce outfit has signed on multiple award-winning Contemporary Gospel artiste, Frank Edwards as a brand ambassador. The announcement, which was officially released by Yudala on Monday,

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Forex crisis: Fitch downgrades 10 Nigerian banks

    Forex crisis: Fitch downgrades 10 Nigerian banks

A leading global rating agency, Fitch Ratings, has revised down the Support Rating Floors of 10 Nigerian banks to ‘No Floor’ and downgraded nine others’ Support Ratings to ‘5’ following

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CBN Gov proposes N100b tax on mobile phone users

    CBN Gov proposes N100b tax on mobile phone users

Mobile phone users will be in for hard times if proposal by the Central Bank of Nigeria (CBN) Governor, Godwin

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Develop new data collection methods, Udoma tells statisticians

    Develop new data collection methods, Udoma tells statisticians

The Minister of Budget and National Planning, Senator Udo Udoma, on Friday tasked statisticians to come up with appropriate and

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CBN lifts manufacturing, power with $660m forex

    CBN lifts manufacturing, power with $660m forex

The Central Bank of Nigeria (CBN) has disbursed $660.17 million to 1,342 manufacturers, power and other real sector operators for

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OPEC to seal output cut deal

    OPEC to seal output cut deal

Members of the Organisation of Petroleum Exporting Countries (OPEC) will resolve some knotty issues standing in the way of the

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FG owes oil firms N2.6tn in cash calls

    FG owes oil firms N2.6tn in cash calls

The cash call arrears owed oil companies by the Federal Government have swollen to over $8.5bn (N2.6tn), a development that

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Multi-billion naira insurance fraud: ‘BPE breaches Procurement Act’

    Multi-billion naira insurance fraud: ‘BPE breaches Procurement Act’

Members of the House of Representatives investigative panel on the multi-billion naira insurance fraud in Ministries, Departments and Agencies (MDAs)

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