Business news
In commemoration of the World Milk Day, the Director General of the Abuja Chamber of Commerce and Industry ACCI, Victoria Akai has called on stakeholders to put policies in place to improve the dairy sector. The Director-General made the call at the opening of a two day event to mark the World Milk Day Mega […]
World No Tobacco Day is observed globally on May 31 every year. It is an annual event organised by the World Health Organisation (WHO) aimed at raising awareness about the harmful effects of tobacco consumption, and encouraging people to quit smoking. Theme “We Need Food, Not Tobacco” is the theme for this year’s World No […]
… Commend Partnerships And Bundled Investment Initiatives Nigeria’s leading Retail Bank, Polaris Bank has announced the launch of its exclusive banking product aimed at serving its High Net-worth Individuals (HNIs) seeking innovative investment options in challenging economic times. The unveiling which took place in Ikoyi, Lagos, on Tuesday was attended by esteemed guests, industry experts, […]
Amaka Obiefuna The Central Bank of Nigeria (CBN) has debunked a report by a national daily that it has devalued the naira to N631 per dollar at the Importers and Exporters’ (I&E) window. A top official of the apex bank, who told this medium that the report is completely false , warned that such reports […]
A United Nigeria Airlines aircraft has skidded off the runway 18L at the Murtala Mohammed Airport 2 in Lagos. The aircraft, 5N-BWW with 50 passengers on board, was flying in from the airport in Abakaliki, Ebonyi state, when the incident happened. The aircraft landed safely but was forced to terminate its movement to the apron […]
By Rukayat Moisemhe The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has charged the incoming administration to pay attention to issues hindering the success of the business community. NACCIMA said this was imperative to enhance socio-economic development in the country. Ide John Udeagbala, President, NACCIMA, said this at the Commerce and […]
Two Nigerian Students Esemitodje Oghenerukevwe Patrick and Uwakfon Nyon Jacob have won Gold at this year’s Pan African Mathematics Olympiad, (PAMO) and International Mathematics Olympiad (IMO). The two students, Oghenerukevwe Patrick a student of NTIC and Jacob had represented the country at this year’s competition, where they emerged overall best. The competition had 54 African […]
The meeting between the Federal Government and the Nigerian Labour Congress (NLC) over fuel subsidy removal has ended without a consensus. The meeting began around 4 pm on Wednesday at the Presidential Villa, Abuja. Representatives of the Federal Government included Dele Alake, the spokesperson for President Bola Tinubu; and the Group CEO of the […]
The attention of the Board and Management of Great Nigeria Insurance Plc has been drawn to a publication making the rounds that Great Nigeria Insurance Plc (GNI)’s Annuity Insurance business has been acquired by a rival insurance company. The said publication is to the effect that GNI Plc and Tangerine Africa Annuity businesses have been […]
Nigeria’s Tax-to-GDP ratio which, in the last 12 years, hovered between 5% to 6% rose to 10.86% by the end of 2021. The new ratio was communicated to the Federal Inland Revenue Service (FIRS), via a letter signed by the Statistician-General of the Federation, Prince Adeyemi Adeniran, on the 25th of May 2023, following a […]