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Category: Business

Business Economy headline

FG halts implementation of planned 15% import duty on diesel, petrol

Iheanyi Ejiofor November 13, 2025 No Comments #import duty #diesel #fuel

The Federal government has suspended the implementation of the proposed 15% import tax on petrol and diesel. The development was announced by the Director, Public Affairs Department, NMDPRA, George Ene-Ita,…

Read More FG halts implementation of planned 15% import duty on diesel, petrol
Business Economy headline

Senate approves Tinubu’s N1.15tn domestic loan to fund 2025 budget deficit

Iheanyi Ejiofor November 12, 2025 No Comments #Senate #domestic loan #budget deficit

The Senate has approved President Bola Tinubu’s request to raise N1.15 trillion from the domestic debt market to cover the unfunded portion of the 2025 budget deficit. The approval followed…

Read More Senate approves Tinubu’s N1.15tn domestic loan to fund 2025 budget deficit
Business Economy headline

Trump threat not behind massive sell-offs on NGX – Presidency

Iheanyi Ejiofor November 12, 2025 No Comments #NGX #Trump threats #Sell off

The Presidency has dismissed claims that the recent sell-off in the Nigerian capital market was triggered by foreign investors reacting to U.S. President Donald Trump’s comments about Nigeria. Chairman of…

Read More Trump threat not behind massive sell-offs on NGX – Presidency
Business Economy headline

Standard Chartered to close accounts with less than N7.5 million balance in 2026

Iheanyi Ejiofor November 11, 2025 No Comments #Standard Chartered Bank

Standard Chartered Bank has announced its plan to close customers’ accounts with a balance of less than N7.5 million by January 15, 2026. The bank revealed the development in an…

Read More Standard Chartered to close accounts with less than N7.5 million balance in 2026
Business Economy headline

Abia start-up bill expected to drive innovation, entrepreneurship

Iheanyi Ejiofor November 11, 2025 No Comments Abia

Information commissioner Okey Kanu says the newly passed Abia Start-Up bill will serve as a catalyst for innovation and entrepreneurship. Mr Kanu disclosed this on Monday at the Government House,…

Read More Abia start-up bill expected to drive innovation, entrepreneurship

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