Business

  The Oyo State Government has sealed off Heritage bank branch in the state over non payment of tax. Newspointer NG reports that the enforcement team of the Ministry of Lands, Housing and Urban Development, led by the Director, Land Use Charge, Esv. Olufisayo Ogunbiyi, during an Enforcement tour around …

. . . Fisheries Cooperative makes demands At the backdrop of significant presence in the African fish output level, the Central Bank of Nigeria, CBN, has indicated that the current local fish production in Nigeria is still inadequate to meet the demands of the domestic consumption. This is also despite …

Minister of Works, David Umahi The Federal Government and leading road construction companies working on several major highways across the country may clash any moment from now following the decision of the government to dump asphalt for concrete technology, findings by The PUNCH have revealed. The new Minister of Works, David …

Nigerians may be in for another tough time as the Nigerian Electricity Regulatory Commission (NERC), on Wednesday, approved an upward review of the price of pre-paid electricity meters in the country. The Commission confirmed the increment in a circular dated 5 September 2023, and signed by its Chairman Sanusi Garba …

L-R The Director of Abuja Trade Centre Ezekwesili Nnam, the Director-General, ACCI, Victoria Akai during a media briefing on the 18th Abuja International Trade Fair The Abuja Chamber of Commerce and Industry is targeting over N1bn in revenue for exhibitors that will attend the 18th Abuja International Trade Fair scheduled …

……Declares interim dividend of 25 kobo Per Share   Lagos, Nigeria, September 3, 2023: Leading financial institution, Fidelity Bank Plc has recorded an impressive 204.4% growth in Profit Before Tax for the first half of 2023 to N76.3bn according to the bank’s recently issued financial result. A review of the …

The Nigeria Sovereign Investment Authority on Monday received members of the House of Representatives who were in Lagos to inspect projects undertaken by the Authority and their impact on the economy. Key areas of focus for the Lagos visits were Healthcare, Infrastructure and Agriculture. The Ad-hoc Committee was constituted by …

The Nigerian Electricity Management Services Agency (NEMSA) has assured customers that the ongoing electricity meter upgrade process will not affect the credit unit balance in their meters. Aliyu Tahir, managing director of NEMSA, gave the assurance in a statement in Abuja on Sunday, addressing the issue of standard transfer specifications …

New N1,000, N500 and N200 Notes Issued By the Central Bank Of Nigeria Nigeria earned the sum of N1.49trn from Value Added Tax within the first six months of this year, a report released by the National Bureau of Statistics has revealed. A breakdown of the N1.49trn showed that the …

Betta Edu, minister of humanitarian affairs and poverty alleviation, says plans are underway to revamp the N-Power scheme to accommodate more beneficiaries and ensure prompt stipend payment.  The N-Power scheme is an initiative aimed at building the skills of youth and promoting entrepreneurship. In a statement on Sunday in Abuja, …