Category: Business
Buhari wants more youths involved in agriculture
President Muhammadu Buhari is seeking the involvement of more Nigerian youths in agriculture. He urged agencies involved in agriculture to fur [...]
Bloomberg report on sole export exemption misleading – Dangote Cement
Contrary to reports by Bloomberg that Dangote Cement was granted sole approval to export cement through the land borders, information has emerged that [...]
Peterside, LCCI slam FG for granting Dangote, others border closure exemption
The Founder, Stanbic IBTC Bank Plc, Atedo Peterside and Lagos Chamber of Commerce and Industry have condemned the selective approach of the go [...]
BUA also receive exemption to export cement
BUA Cement has also received an exemption to export cement through the country’s borders. This is coming after Dangote Cement equally received an exem [...]
FG exempts Dangote from border closure
The federal government has allowed Dangote Cement to resume exports across its land borders despite the closure of all land borders for over one year. [...]
GTBank obtains approval to restructure as holding company
Guaranty Trust Bank (GTBank), Nigeria’s biggest bank by market capitalisation, has obtained an approval-in-principle from the Central Bank of Nige [...]
Dangote refinery debunks story about death in the refinery
Dangote refinery debunked an online media report, which stated that a protester was shot and killed by Policemen while protesting at the Refinery on T [...]
FG to increase VAT rate by additional 2.5% in 2021
Federal Government on Tuesday disclosed that it has spent N7.09 trillion as at the end of the third quarter of 2020 fiscal year, just as it unveiled p [...]
Savings deposits, digital banking boom as Fidelity Bank declares N20bn profit
Fidelity Bank has announced a seven percent growth in profit after tax from N19 billion to N20.4 billion. According to the 2020 third-quarter result [...]
Senate committee rejects N5 billion bailout for airline operators
The Senate Committee on Aviation has rejected the proposed N5 billion bailout for airline operators and other businesses in Nigeria’s aviation s [...]