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Category: Economy

Business Economy

LITF lauds UBA’s contribution to growth of African economies  

Iheanyi Ejiofor November 16, 2021 No Comments #UBA #AFCTA #LCCI

….AfCTA Present Limitless Opportunities, GDP of $3.4 trillion. The Lagos Chamber of Commerce and Industry (LCCI) has commended Africa’s global bank, United Bank for Africa (UBA) for its contribution to…

Read More LITF lauds UBA’s contribution to growth of African economies  
Business Economy

It’s cheaper to transport a container from China to Lagos than Lagos to kano – BUA CEO

Iheanyi Ejiofor November 15, 2021 No Comments #Abdul-Samad Rabiu #BUA #China #Lagos #Kano #container

It is cheaper to transport a container from China to Lagos than from Lagos to Kano, Abdul-Samad Rabiu, Chairman and CEO of BUA Group has said. Rabiu, who made the…

Read More It’s cheaper to transport a container from China to Lagos than Lagos to kano – BUA CEO
Business Economy headline

Nigeria’s inflation rate drops to 15.99%

Iheanyi Ejiofor November 15, 2021 No Comments #inflation #NBS

The Nigeria inflation rate declined for the seventh consecutive time to 15.99 percent in October 2021. The figure is 1.76% points higher than the 14.23 percent recorded in October 2020.…

Read More Nigeria’s inflation rate drops to 15.99%
Business Economy headline

FG considering out-of-court settlement with states on VAT tussle – Ahmed

Iheanyi Ejiofor November 13, 2021 No Comments #VAT #Zainab Ahmed #political settlement

The federal government is considering political paths to resolve the ongoing value-added tax (VAT) tussle, minister of finance, Zainab Ahmed has said. The FIRS and some state governments are currently…

Read More FG considering out-of-court settlement with states on VAT tussle – Ahmed
Business Economy

Nigerians to pay more electricity as NERC increases price of metre

Iheanyi Ejiofor November 12, 2021 No Comments #Nigerian Electricity Regulatory Commission (NERC)

By our reporter/ Nigerians will from Monday pay more for electricity as the Nigerian Electricity Regulatory Commission (NERC) has jerked up the price for single phase and three phase metres.…

Read More Nigerians to pay more electricity as NERC increases price of metre

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