BUSINESS
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Cross River State Disburses $7 million on Mechanized Farming
The Cross River State Government has earmarked the sum of $7 million for the promotion of mechanized farming in the…
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Kogi Launches N4 billion Rice Factory, Creates 5000 New Jobs
Kogi State Government has completed plans to launch a rice mill factory worth N4 billion. The factory is expected to produce 50 tonnes of rice per day.
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VAT increment’ll Threaten Entrepreneurs in Nigeria, Says Folorunso Alakija
African richest woman, Folorunso Alakija has reacted to the Federal Government’s plan to increase the Value Added Tax (VAT) from…
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CBN’s Cashless Policy Nears full implementation, To Charge Nigerians More for Deposit, Withrawals
The Central Bank of Nigeria (CBN) yesterday announced that the full implementation of the cashless policy will become effective from…
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Bill Gates Identifies Key challenges Confronting Nigerian Economy
American business magnate and billionaire, Bill Gates has advised the Federal Government of Nigeria to increase the tax and domestic revenue to about…
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Dangote’s Tomato Plant Shuts Down Again, Loses N30m Monthly
Nigeria’s biggest tomato plant owned by the billionaire, Aliko Dangote has closed down again after resuming from an almost three-year shutdown.
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NAHCO Supports FG to boost IGR on Food Export
The Nigerian Aviation Handling Company Plc (NAHCO Aviance) is set to support the Federal Government in its determination to diversify the economy by…
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Buhari Replaces Osinbajo-led Economic team with Salami, Soludo, Others
President Muhammadu Buhari on Monday replaced the Economic Management Team led by Vice President Yemi Osibajo with an Economic Advisory…
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EcobankPay Records Transactions Valued at N2 billion
Ecobank Nigeria says over 100,000 merchants have been on-boarded on the EcobankPay platform with transaction value reaching N2billion.
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Nigeria loses $600 million annually to illegal fishing
Nigeria is losing $600 million annually to illegal and unreported fishing by foreign vessels as a result of lack of…
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