Business

Naira gains marginally against dollar, exchanges at 419

The Naira on Wednesday exchanged at 419 to the dollar at the Investors and Exporters window, compared to 419. 50…

4 years ago

Unremitted tax: No loan approval for defaulting states, LGs, says FIRS

The Federal Inland Revenue Service has said states and local governments that fail to remit tax deduction or collected on…

4 years ago

Rising inflation worries FG, ready to convene food security summit

The Federal Government is set to convene a meeting of the National Food Security Council to address the rising cost…

4 years ago

Petrol subsidy could hit N6trn by end of year, IMF warns

The International  Monetary Fund, IMF, said yesterday that Nigeria’s subsidy bill would hit N6 trillion by end of this year.…

4 years ago

AutoTrends: Nord Automobiles plans big mobility solutions, clinches Next Bull award

Nord Automobiles Limited has won the Next Bull award of the Nigerian Exchange and Businessday, as investors chose the indigenous…

4 years ago

AutoTrends: Coscharis to launch Bronco at Lagos auto fair, displays three brands

As Lagos Motor Fair opens today with a lot of exciting features, Coscharis Motors Plc says it will be exhibiting…

4 years ago

Lagos motor fair begins today with 70 OEMs, others

After-sale service, auto finance and fleet management will feature prominently at the 16th Lagos Lagos Motor fair and Autoparts Expo…

4 years ago

Naira falls across markets •Forex reserves drop to $38.59 billion

Nigeria’S foreign reserves have dropped to $38.59 billion as the Central Bank of Nigeria (CBN) continued its currency float management…

4 years ago

Cooking gas demand falls by 38%, marketers clash over price

National cooking gas demand has dropped by 38 percent, according to the Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM.…

4 years ago

Nigeria approves Elon Musk’s Starlink internet service

The Federal Government has approved Elon Musk’s Starlink internet operated by SpaceX for use in Nigeria. The firm offers satellite…

4 years ago