BUSINESS
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Bayelsa kicks against BudgiT 2022 report, faults indices
The Bayelsa government has dismissed the 2022 fiscal sustainability report on Nigerian states released by BudgiT, a public finance transparency-focused…
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OPEC decision on production cut unanimous, says Sylva
Chief Timipre Sylva, Minister of State Petroleum Resources, says the Organisation of Petroleum Exporting Countries (OPEC) decision to cut two…
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Force majeure: NLNG to review extent of disruption to operations
The Nigeria LNG Ltd. (NLNG), says it’s currently reviewing the situation with gas suppliers to ascertain the extent of the…
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Cooking gas prices to rise as NLNG plant shutdown threaten shutdown
The Liquified Petroleum Gas Retailers (LPGAR) says the shutting down of the Nigeria Liquefied and Natural Gas (NLNG) processing plant…
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Nigerian companies are neither shutting down nor relocating – MAN
The Manufacturers Association of Nigeria (MAN) says contrary to misconceptions in certain quarters, Nigerian companies are neither shutting down nor…
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Nigeria loses N120bn annually to foreign production of advertising materials
The Advertising Regulatory Council of Nigeria (ARCON) says the nation’s advertising industry loses over N120 billion annually to the production…
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Nigeria, Africa choice investment destination, Emefiele tells foreign investors
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, has urged foreign investors to consider Nigeria and…
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IGR: Lagos State leads other states with N753b collection in 2021
Lagos State collected the highest Internally-Generated Revenue (IGR) of N753.46 billion in 2021 followed by the FCT which collected N131.92…
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Nigeria had 206.4m active phone subscribers as at June 2022 – NBS
The National Bureau of Statistics (NBS) says 206,449,125 active voice subscribers were recorded in the second quarter (Q2). This is…
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SMEDAN tasks West African MSMEs on competitiveness
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), says West African countries must create export-ready MSMEs that can…
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