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Business

How we kill our factories and keep those of others opened and the benefits of closed borders, by Buhari

No matter what the naysayers say, the temporary closure of the Nigerian border to goods has started yielding positive results, President Muhammadu Buhari has...

NEC hears how Ghana, others rip off Nigeria

■ How NEC and Economic Advisory Council (EAC) will synergise, by Osinbajo Nigeria has lost over N472 billion in oil revenue in six months,...

CBN says charges to be paid for withdrawals above N500k

The Central Bank of Nigeria of Nigeria (CBN) has announced that those making cash withdrawals above N500,000 in Lagos, Kano, Rivers, Ogun, Abia and...

Soludo, Bismark make Buhari’s economic advisory team

Inexplicably, President Muhammadu Buhari has sacked the Economic Management tean headed by Vice President Yemi Osinbajo and has announced an Economic Advisory Council (EAC). According...

Cosgrove gets double honors from NIA, promises commitment to research, innovations

Release In an unprecedented conferment of merit awards by the Nigeria Institute of Architects (NIA), the Managing Director of Cosgrove Investment Limited, Mr Umar Abdullahi...

7.2% VAT a bad omen, will dampen Nigerians’ purchasing power, say financial experts

Some financial experts on Thursday said that Value Added Tax (VAT) increment by the Federal Government would further dampen purchasing power of Nigerians. They...

FG approves $5.3bn for Ibadan-Kano standard rail project -FG

By Lucy Ogalue The Federal Government has approved 5.3 billion dollars for the Ibadan-Kano standard gauge rail project, Mr Rotimi Amaechi, the Minister...

Jonathan advises Mozambique, other African nations on local content policy effectiveness

Former President, Dr. Goodluck Jonathan, has advised African countries, especially Mozambique, to be transparent and carry the private sector along in the formulation...

FEC approves VAT increase to 7.2%, but to wait for Act’s amendment for execution

The Federal Executive Council on Wednesday approved an increase in the Value Added Tax (VAT) payable in Nigeria. The Minister of Finance, Zainab Ahmed, announced...

Polaris Bank conducts Risk Management training for business partners

Polaris Bank at the weekend conducted a training program which focused on Risk Management practices for its business partners (service providers/vendors) that seek...

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