Business News

Subsidy removal will restrain Nigeria’s rapid debt accretion – IMF

Nigeria has been told that the removal of subsidy from petrol price would restrain Nigeria’s rapid debt accretion, so that erstwhile trillions of Naira, subsidy allocations could be…

NCDMB dragged to court by indigenous oil company

Nigeria Content Development and Monitoring Board, NCDMB, has been dragged to the state High Court, Eket Judicial Division, by an indigenous oil servicing firm in Akwa Ibom State,…

NPPAN sends SOS to FG

A letter addressed to President Muhammadu Buhari and entitled `SOS to the Federal Government on illegal entry of Crude Palm Oil (CPO) into Nigeria’, by the National Palm…

FG mindful of rising debt burden – Ahmed

Although government borrows in order to deliver on its promises, nevertheless, it should also be mindful of rising debt burden, which eats up to about 25 per cent…

Entrepreneurs orders FG to stop rice smuggling

The entrepreneurs in the country, who are into rice processing, have put a request to the federal government, as a matter of urgency to take a drastic step…

STOAN Debunks Media Reports on ISPS Compliant

All concession Port Terminals in Nigeria are International Ship and Ports Facility Security ISPS Code Compliance with the provision of the code, the Seaport Terminal Operators Association of…

Constructing world’s biggest billboard will put Nigeria on world map – indigenous advertising co.

Constructing the world’s biggest billboard in the Federal Capital Territory FCT, will put Nigeria on the world map – says Chief Executive Officer of Lona Global Resources Limited,…