Boeing Co on Monday bowed to a growing cash squeeze by suspending commercial 737 production from January for the first time in more than 20 years, as the grounding of…
Read More Boeing suspend production MAX 737 as crisis deepens
Category: Economy
Poor electricity, multiple taxation highest challenges facing manufacturers in Nigeria – Report
The manufacturer’s CEOs Confidence Index (MCCI) has identified inadequate electricity supply and the duo of multiple taxation and overregulation amongst others, as challenges confronting operations in the country. The report…
Read More Poor electricity, multiple taxation highest challenges facing manufacturers in Nigeria – Report
Edo govt seals UNIBEN VC office, others over alleged tax evasion
Officials of the Edo State Board of Internal Revenue (BIR), ON Monday sealed some offices at the University of Benin, including the Office of the Vice Chancellor, over alleged tax…
Read More Edo govt seals UNIBEN VC office, others over alleged tax evasion
Court orders transfer of oil well from Bayelsa to Rivers
The Federal High Court, Abuja has ordered the transfer of Soku oil field from Bayelsa to its rightful owner, Rivers. Justice Inyang Ekwo gave the order on Monday while delivering…
Read More Court orders transfer of oil well from Bayelsa to Rivers
CBN, bankers committee classify BVN for poor, rich customers
The Central Bank of Nigeria (CBN), in conjunction with the Bankers’ Commit-tee has commenced Bank Verification Number (BVN) classification plan that will allow the rich and poor in rural areas…
Read More CBN, bankers committee classify BVN for poor, rich customers