Oil producing giant Shell has bought Daystar Power, a Nigeria-based company that provides businesses with solar energy solutions, marking its first acquisition of a renewable energy provider in Africa. The…
Read More In first push into African renewable energy, Shell buys Nigeria’s Daystar PowerCategory: Economy
CBN raises interest rate to 15.5% to ward off rising inflation
By our reporter| The Central Bank of Nigeria on Tuesday raised the Monetary Policy Rate (MPR), which measures interest rate, to 15.5 percent from 14 percent to tame rising inflation.…
Read More CBN raises interest rate to 15.5% to ward off rising inflationFidelity partners SMEDAN to empower SMEs
In what has been termed a major move to bridge the gap in helping small businesses access much needed funding and capacity development initiatives, leading financial institution –Fidelity Bank Plc…
Read More Fidelity partners SMEDAN to empower SMEsGood use of tax revenues will enhance tax morale and compliance – FIRS
When governments deploy tax revenues for the common good of the citizens, there is a concomitant increase in tax compliance by citizens who see the direct benefit of the taxes…
Read More Good use of tax revenues will enhance tax morale and compliance – FIRSAviation minister in dramatic U-turn, says NSIA not amongst owners of Nigeria Air
By our reporter| The Nigerian Sovereign Investment Authority (NSIA) is not part of the private equity ownership of the Nigeria Air project as initially claimed by the government on Friday,…
Read More Aviation minister in dramatic U-turn, says NSIA not amongst owners of Nigeria Air
