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Category: Business

Business Economy headline

NLC issues nationwide strike notice over fuel price hike

Iheanyi Ejiofor July 26, 2023 No Comments #nationwide strike#NLC

Our reporter/ Nigeria Labour Congress, NLC, has issued a nationwide strike notice to seek the reversal of fuel pump price hike and other policies by President Bola Ahmed Tinubu’s government.…

Read More NLC issues nationwide strike notice over fuel price hike
Business Economy headline

Abia government approves establishment of innovation park, modular refinery

Iheanyi Ejiofor July 26, 2023 No Comments #innovation parkmodular refinery

Our reporter/ An innovation park and a modular refinery will be established in Abia to accelerate economic development, the state government has said. Abia state information commissioner Okey Kanu, who…

Read More Abia government approves establishment of innovation park, modular refinery
Business Economy headline

CBN raises interest rate to 18.75%

Iheanyi Ejiofor July 25, 2023 No Comments #CBN#interest rate

Our reporter/ The Central Bank of Nigeria (CBN) on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rate, from 18.5 percent to 18.75%. Acting CBN Governor, Folashodun Shonubi,…

Read More CBN raises interest rate to 18.75%
Business Economy headline

How FIRS generated N5.5trn from taxes in six months – ‘highest half-year revenue ever’

Iheanyi Ejiofor July 20, 2023 No Comments #FIRS

The Federal Inland Revenue Service (FIRS) says it generated N5.5 trillion as tax revenue in the first half of 2023. In a statement on Thursday, Johannes Oluwatobi Wojuola, special assistant on…

Read More How FIRS generated N5.5trn from taxes in six months – ‘highest half-year revenue ever’
Business Economy headline

Cash transfers to be done via state social registers as NEC decides on palliative measures

Iheanyi Ejiofor July 20, 2023 No Comments #NEC#palliatives#petrol subsidy

Our reporter/ The National Executive Council (NEC) on Thursday agreed on palliative measures for Nigerians following the removal of petrol subsidy and the recent hike in petrol prices. NEC considered…

Read More Cash transfers to be done via state social registers as NEC decides on palliative measures

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