BUSINESS
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No more free interbank ATM withdrawals as CBN introduces fee
“In response to rising costs and the need to improve efficiency of Automated Teller Machine (ATM) services in the banking…
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New 4% import levy: MAN perplexed, warns of de-industrialisation
“The levy will jeopardise our aspiration to be an investment destination of choice and an industrial hub in the West…
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Budget 2025: Uwaleke hails additional N4.5 trn for BOA, BOI recapitalisation
Uwaleke said that the huge benefits that will arise from its proper utilisation will by far outweigh costs associated with…
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Lagos adopts new industrial policy for sustainable global competitiveness
The Lagos State Government says it is commitment to fostering a vibrant, sustainable, and resilient industrial landscape that is innovative,…
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NEPC reports 20.7% growth in Nigeria’s 2024 trade volume
Ayeni highlighted that the NEPC’s mandate was to diversify the nation’s economy away from oil dependency by promoting non-oil exports.
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NECA condemns new FOB import levy, demand reversal
The Nigeria Employers’ Consultative Association (NECA) has demanded a reversal of the four per cent charge on the Free on…
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Motorists in FCT express joy over reduction in petrol pump price
Some motorists in the Federal Capital Territory (FCT), have expressed joy over the slight reduction in the pump price of …
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Infrastructure funding: FG, World Bank explore PPP option
The purpose of the programme was to work together with stakeholders in Nigeria and identify ways to support the development…
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Manufacturers decry additional15% port-related charges
Many businesses are experiencing worrying downturn due to unsustainable operating costs. “This will not only reduce revenue for the Nigerian…
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IFC invests $50m in Lagos Free Zone to boost economic growth
“When fully occupied, Lagos Free Zone is expected to create approximately 30,000 direct, indirect, and induced jobs, while contributing significantly…
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