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
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%
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’
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
A federal high court sitting in Lagos on Tuesday awarded damages of N72.2 billion to Honeywell Flour Mills (HFMP) Plc in its eight-year legal battles with Ecobank Nigeria. In a…
Read More Court awards Honeywell N72.2 billion damages against Ecobank