One killed, others injured in Kwara, Ekiti communities border disputePolice Deploy Officers as Soldiers and Traders Clash in Abuja MarketThe other side of Abuja’s luxurious estatesMakinde appoints Akeem Ige chairman LG pension board, 9 othersTax Conference: Sanwo-Olu, Zulum, Amosun, Other Experts Seek Transparent Tax System To Boost Internally Generated Revenues
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Category: business news
NIGERIA CINEMAS GENERATE N495M AS REVENUE FOR SEPTEMBER 2022
The Cinema Exhibitors Association of Nigeria (CEAN) says it realised N495m from ticket sales across cinemas in the country in the month of September. CEAN’s National President, Mr Ope Ajayi,…
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Fuel Subsidy: NAIRAXI moves to digitize public transport
Ahead of the removal of fuel subsidy come June 2023, the Indigenous leading Tech-powered mobility Company NAIRAXI says digitizing Nigeria public transportation systems will help to mitigate future effects. The…
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NNPC Ltd Acquires 380 Oando Stations, Other Assets Nationwide
The Nigerian National Petroleum Company Limited (NNPCL) has acquired all 380 Oando retail outlets, aviation and gas brands nationwide from OVH Energy… Speaking at the unveiling of one of the…
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Shell acquires Lagos-based Daystar Power
Lagos-based Daystar Power has announced that it will be acquired by Shell subject to regulatory approvals, to deliver carbon emission reductions and power cost savings to commercial and industrial (C&I)…
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Central Bank Governor, Emefiele, Afreximbank President, Oramah, Others Under EFCC, NFIU Investigations Over $300million Paid To Acquire Union Bank
The Central Bank of Nigeria Governor, Godwin Emefiele; the President of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah; among others are currently under investigation over the $300million the pan-African multilateral…
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Nigeria earns zero revenue in one month from Crude Oil for the first time
At a time like this when many oil exporting countries are following the international crude oil market with broad smiles, the Nigerian National Petroleum Company (NNPC) Limited posted zero revenue…
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ARCON issues Turkish company 7-day ultimatum to pay N481 million debt owed Nigerian company
The Advertising Regulatory Council of Nigeria (ARCON) has given Hayat Kimya, a Turkish company, a seven-day ultimatum to pay a N481 million debt. This was made known in a statement…
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TikTok app opens recruitment in Nigeria
Short-form video streaming app TikTok has opened recruitment portals to fill positions in Nigeria and other countries. The job listings were seen on Tiktok’s career page and the open positions…
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Nigeria has gotten help from World Bank on fuel subsidies
The President of the World Bank Group, David Malpass, has said that the bank is ready to support Nigeria in phasing out regressive fuel subsidies while increasing social assistance for…
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CBN loans to FG hit N20.6trn-IMF and World Bank raised alarm
The Federal Government has shown no signs of putting the brakes on its recourse to the Central Bank of Nigeria (CBN) as its borrowing from the apex bank more than…
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