BUSINESS
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E-payment Transactions in Nigeria Hits 231 Trillion in Q2 ’19
The total value of transactions through various electronic payment (e-payment) channels in the country has risen sharply by 103 percent…
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FG Generates N28.6 trillion from VAT, others
The Federal Government (FG) has earned about N28.6 trillion from Value Added Tax (VAT), mineral revenues, and non-mineral revenues between…
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CBN urges FG to privatize redundant assets
The Monetary Policy Committee of the Central Bank of Nigeria has advised the Federal Government to privatize redundant public assets…
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BREAKING: Reps Orders CBN to Suspend Cashless Policy
As public outcry continues to trail the re-introduction of the cashless policy by the Central Bank of Nigeria (CBN), the…
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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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