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Category: Business

September 10, 2023June 25, 2024Business

Nigeria’s slumbering power sector awaits Tinubu’s ‘magic’

• 26 Power Plants Dormant, DisCos, TCN Invested N439b Instead Of N1.3t • Seven Million Customers Billed Arbitrarily Without Meters • 10-year […]

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September 10, 2023June 25, 2024Business

400,000 healthcare workforce not enough for Nigeria, says Pate

The Coordinating Minister of Health and Social Welfare, Prof. Ali Pate, says that  about 400,000 healthcare workforce in Nigeria is insufficient to […]

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September 10, 2023June 25, 2024Business

Elumelu attracts Indian investors to Nigeria’s opportunities

Tony Elumelu, Group Chairman, Heirs Holdings, has urged indian investors to channel their resources towards the Nigerian economy, saying this is the […]

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September 9, 2023Business

CBN’s currency swap hits $12bn amid weak reserves

Fitch Ratings has estimated the Central Bank of Nigeria’s currency swaps with domestic banks to be between $10bn and $12bn as of […]

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September 9, 2023Business, Gist, Politics

NSIB Begins Probe After Aircraft Skidded Off Runway At Lagos Airport

The Nigerian Safety Investigation Bureau (NSIB) says it has commenced investigation into an incident involving an Embraer ERJ145 with Nationality and Registration […]

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September 9, 2023Business

Capital market can finance PPP infrastructure projects — SEC DG

The Director General, Securities and Exchange Commission (SEC), Lamido Yugufa, has stated that the Nigerian Capital Market has the capacity and is […]

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September 9, 2023Business, Education, Gist

Age restriction widens unemployment queues as labour market shrinks

Amidst an increase in the number of Nigerians looking for jobs, age restrictions, and other requirements are worsening the unemployment crisis in […]

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September 8, 2023Business

Customs boss removes defaulting banks from duties collection

The Acting Comptroller-General (C-G) of the Nigeria Customs Service (NCS), Mr. Adewale Adeniyi, has removed defaulting banks from the Customs Duty Collection […]

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September 8, 2023Business

Manufacturing sector tops tax revenue contributions in H1’23

The manufacturing sector has sustained its lead position in contribution to Nigeria’s tax revenue in the first half of 2023 (H1’23) with […]

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September 8, 2023Business

NPA moves to meet IMO’s 2025 targets on port community system NPA moves to meet IMO’s 2025 targets on port community system

The Nigerian Ports Authority, NPA, has commenced moves to meet the 2025 target of the International Maritime Organization, IMO, to create an […]

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