Category: Business

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Inflation rises to 11.24% due to border closure – NBS

Inflation rises to 11.24% due to border closure – NBS

The National Bureau of Statistics has released the Consumer Price Index which measures inflation with the index rising to 11.24 per cent in September. [...]
Nigeria budgets N450bn for fuel subsidy in 2020

Nigeria budgets N450bn for fuel subsidy in 2020

The Minister for Finance, Budget and National Planning, Zainab Ahmed, says under-recovery of Premium Motor Spirit, popularly referred to as fuel subsi [...]
There is sufficient food, no hunger in the land – Agric minister

There is sufficient food, no hunger in the land – Agric minister

Sabo Nanono, minister of agriculture and rural development, says there is no hunger in the land. Many Nigerians have been complaining about economic h [...]
Do you know, that Nigeria sells more false eyelashes to US than cocoa?

Do you know, that Nigeria sells more false eyelashes to US than cocoa?

Data made available by the National Bureau of Statistics (NBS) shows that the value of false beard and eyelashes exported to the United States in the [...]
Nigerians talk a lot so no harm introducing communication tax – Fowler

Nigerians talk a lot so no harm introducing communication tax – Fowler

Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says there is no harm in introducing a communication tax. “I will put it thi [...]
UBA now available on Apple Business Chat

UBA now available on Apple Business Chat

The United Bank for Africa Plc (UBA) today announced it is launching Apple Business Chat to provide its customers with a new way to communicate direct [...]
Reps pass bill criminalizing estimated billing

Reps pass bill criminalizing estimated billing

The House of Representatives has passed a bill which seeks to prohibit and criminalize imposition of estimated billing by the electricity distribution [...]
Senate set to introduce taxes on GSM, cable TV subscription

Senate set to introduce taxes on GSM, cable TV subscription

The Senate has passed for first reading, a bill for an Act to introduce taxes on Communication Services and Cable television services. The proposal, e [...]
FG concludes designs for return of toll plazas

FG concludes designs for return of toll plazas

The Federal Government has concluded designs for the return of toll plazas on Federal roads, Minister of Works and Housing Babatunde Fashola has said. [...]
South Africa grants Air Peace rights to operate daily flights

South Africa grants Air Peace rights to operate daily flights

The ministry of foreign affairs says the South African government had granted Air Peace’s request to commence commercial flights to Johannesburg, Sout [...]
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