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Category: Business

Business Economy

FG to revisit 500% tariff on alcoholic beverages- Ngige

Iheanyi Ejiofor June 29, 2018 headline

Ebun Francis| The federal government will review the newly introduced 500 percent excise duty on alcoholic beverages, Chris Ngige, Nigeria’s minister of labour and employment was quoted to have said…

Read More FG to revisit 500% tariff on alcoholic beverages- Ngige
Business Economy Features

After OPEC, oil market enters a new era

Iheanyi Ejiofor June 29, 2018

    By John Kemp OPEC is changing fundamentally as power in the oil market shifts towards Saudi Arabia, acting in concert with Russia, while the other members of the…

Read More After OPEC, oil market enters a new era
Business Economy headline

Cement giant Lafarge charged with funding terrorists, ISIS

Iheanyi Ejiofor June 29, 2018 headline

    By Emeka Ejere French cement giant Lafarge was charged Thursday with complicity in crimes against humanity and financing a terrorist organisation for paying millions to jihadist groups, including…

Read More Cement giant Lafarge charged with funding terrorists, ISIS
Business Economy headline

World Bank approves $2.1bn loan for Nigeria

Iheanyi Ejiofor June 28, 2018 headline

Ebun Francis| The World Bank on Thursday said it has approved a loan of $2.1 billion for seven projects in Nigeria. More than half of the loan would be used…

Read More World Bank approves $2.1bn loan for Nigeria
Business Economy

CBN injects another $210m into Forex Market

Iheanyi Ejiofor June 26, 2018 headline

The Central Bank of Nigeria (CBN) has made available the sum of $210million, to meet customers’ requests in various segments of the inter-bank foreign exchange market. The CBN, in its…

Read More CBN injects another $210m into Forex Market

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