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Category: Business

Business Economy headline

We are working to stabilise FX rate but there’ll be ups and downs – Cardoso

Iheanyi Ejiofor April 22, 2024 No Comments #Cardoso#FX rate

Our reporter/ The Central Bank of Nigeria Governor, Yemi Cardoso, has said that the volatility in the foreign exchange (FX) rate cannot end overnight, adding that there will be continuous…

Read More We are working to stabilise FX rate but there’ll be ups and downs – Cardoso
Business Economy headline

Why airlines are avoiding Nigeria’s airspace – NAMA

Iheanyi Ejiofor April 21, 2024 No Comments #Nigeria's airspace

Many airlines are avoiding Nigeria’s airspace because of difficulties encountered in communication with air traffic controllers, the Nigerian Airspace Management Agency confirmed on Sunday in Lagos. The NEMA Managing Director,…

Read More Why airlines are avoiding Nigeria’s airspace – NAMA
Business Economy

10% tax-to-GDP ratio shows Nigerians don’t pay taxes, says Finance minister

Iheanyi Ejiofor April 19, 2024 No Comments #tax-to-GDP ratio#Wale Edun

Our reporter/ The minister of finance minister and coordinating minister of the economy, Wale Edun has said that Nigeria’s tax-to-gross domestic product (GDP) ratio is low because citizens are not…

Read More 10% tax-to-GDP ratio shows Nigerians don’t pay taxes, says Finance minister
Business Economy

Proposed merger between Dangote Sugar Refinery, Nascon aborted

Iheanyi Ejiofor April 19, 2024 No Comments #Dangote Sugar#NASCON

Nascon Allied Industries Plc on Friday said its proposed merger with Dangote Sugar Refinery has been suspended. In a statement published on Friday via the Nigerian Exchange Limited (NGX) and…

Read More Proposed merger between Dangote Sugar Refinery, Nascon aborted
Business Economy

NNPC Ltd, Partners donate 2,300-seater ultra-modern library to Niger Delta University 

Iheanyi Ejiofor April 19, 2024 No Comments #Niger Delta University#NNPC

As part of its commitment to encourage learning and academic excellence, the Nigerian National Petroleum Company Limited (NNPC Ltd) and its Joint Venture partners in OML 18 – the Nigerian…

Read More NNPC Ltd, Partners donate 2,300-seater ultra-modern library to Niger Delta University 

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