Business News
FG may exclude MSMEs from N10/litre tax – Minister

FG may exclude MSMEs from N10/litre tax – Minister

The Federal Government may exempt micro, small, and medium-sized businesses from the recently reintroduced N10 per litre excise charge on carbonated beverages, according to Otunba Niyi Adebayo, Minister…

MTN to offer 365,000 smartphones through financing scheme

MTN to offer 365,000 smartphones through financing scheme

MTN Nigeria Communication Plc will provide smartphone access to 365,000 Nigerians by 2023. Through its device financing cooperation with Intelligra, the telecommunications company expects to accomplish this objective….

Equity market declines by N4bn on profit taking

Equity market declines by N4bn on profit taking

The All–Share Index (ASI) decreased, as a result, falling 7.46 basis points or 0.02 percent, to settle at 47,524.38 as opposed to 47,531.84 registered in the previous trading…

Dangote refinery at 97% completion – NMDPRA

Dangote refinery at 97% completion – NMDPRA

Mr. Farouk Ahmed, chief executive officer of the NMDPRA, made the announcement in a statement signed by Mr. Anthony Chiejina, group chief branding and communication officer of Dangote…

Dangote Refinery: Africa’s largest oil facility is 97 per cent complete

Dangote Refinery: Africa’s largest oil facility is 97 per cent complete

When Dangote Petroleum Refinery personnel presented the facility‘s 2022–2023 work plan in Abuja, the NMDPRA announced the news, according to Daily Trust.Infomation Guide Nigeria Speaking about the refinery…

Nigeria’s finance minister hints at borrowing more money from the IMF despite current debt

Nigeria’s finance minister hints at borrowing more money from the IMF despite current debt

The Nigerian federal government is attempting to obtain financing from the International Monetary Fund (IMF). The Nigerian minister of finance, budget, and national planning, Zainab Ahmed, has revealed…

No plan to sell power transmission company – FG

No plan to sell power transmission company – FG

The Federal Government stated on Wednesday that there is no plan to sell the Transmission Company of Nigeria and encouraged the public to disregard statements about a non–existent…

Reps query AMCON’s Polaris Bank sale for N40bn

Reps query AMCON’s Polaris Bank sale for N40bn

The House of Representatives has requested that the Central Bank of Nigeria immediately suspend the sale of Polaris Bank, and has resolved to establish an ad hoc committee…

UBA rewards winners in promo

UBA rewards winners in promo

The United Bank for Africa Plc stated that it had awarded millions of dollars to its most loyal customers. It claimed in a statement that winners emerged at…

Corruption: W’Bank sanctions seven Nigerian firms, individuals

Corruption: W’Bank sanctions seven Nigerian firms, individuals

The World Bank has revealed that it sanctioned seven Nigerian companies and individuals for corruption during its fiscal year of 2022.Infomation Guide Nigeria This information was disclosed in…