Business Report
Shippers’ Council plans to shut out port operators over e-registration
The Nigerian Shippers Council, NSC, yesterday said that the e-registration of regulated port service providers and users of the...
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Nigeria’s debt-to-GDP ratio to reach 46.6% in 2024 — IMF
The International Monetary Fund, IMF, has projected Nigeria’s public debt to Gross Domestic Product, GDP, ratio to reach 46.6 percent...
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Marketers excited as Dangote slashes diesel price to N1,000/litre
The Dangote Petroleum Refinery has listened to the calls of oil marketers as regards the reduction in the price of...
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35 illegal tax collectors facing prosecution, says Benue IRS
Acting Chairman of Benue State Internal Revenue Service, Emmanuel Agena, has disclosed that 35 people who engage in illegal tax...
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IMF raises forecast for Nigeria’s economic growth to 3.3%
The International Monetary Fund (IMF) has raised its forecast for Nigeria’s economic growth in 2024 to 3.3 per cent. The...
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New electricity tariff may drop if naira rebounds further – Adelabu
The Minister of Power, Adebayo Adelabu, says the N225 Kilowatt-Hour being paid by electricity consumers on Band A will reduce...
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Financial institutions lose $12bn to cyber attacks in 20 years — IMF
The International Monetary Fund (IMF) has said that financial institutions across the world lost a sum of $12 billion to cyber...
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Nigerian textile industry struggles as imports rise 106.7% in 4yrs
The Nigerian textile industry has continued to struggle as importation of textile products into the country increased by 106.7 percent...
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Naira crash pushes raw material imports to N3tn – NBS report
Imports of raw materials into the country rose by 25 per cent to N3tn in 2023. This is according to...
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Oil Market: Crude oil price rises to $88.97 per barrel
The price of Nigeria’s Bonny Light yesterday rose by 2.2 per cent to $88.97 per barrel in the global oil...
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