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Business
FG, lawyers meet over PIA implementation
On Wednesday, the Federal Government met with the Mid and Downstream Operators' General Counsel and Legal Advisers' Forum to discuss the smooth implementation of the Petroleum Industry Act 2021's other provisions, including the elimination…
June 12: CAPPA Calls on Tinubu to Raise Minimum Wage
ABUJA – At the same time that Nigeria is commemorating the 30th anniversary of the annulment of the Presidential elections held on June 12, 1993, Corporate Accountability and Public Participation Africa (CAPPA) has charged President Bola…
Capital flight drives stock investors to reform
The effects of fiscal and monetary policies on the Nigerian equity market have raised concerns among stakeholders, despite the fact that it has ended the last three years on a positive note. OLUWAKEMI ABIMBOLA writes about the need for…
Subsidy: FG owes NNPCL N2.8trillion – Kyari
Mele Kyari, the Chief Executive of the Nigerian National Petroleum Company Limited (NNPCL), claimed on Tuesday that the federal government owes the company N2.8 trillion for fuel subsidy payments.
After his meeting with President Bola…
Dangote Sugar Refinery Starts Year with Strong Earnings
The Dangote Sugar Refinery Plc began its fiscal year 2023 with a strong performance in its first quarter (Q1), demonstrating growth while maintaining its position as the industry's undisputed leader.
Following an increase in gross margin…
CBN adds 7,552 BVN to watchlist as eNaira transactions reach 1.4m
The Central Bank of Nigeria (CBN) has placed 7,552 Bank Verification Numbers (BVN) on its watchlist in case they are used in fraudulent transactions. This comes at the same time as the Central Bank Digital Currency (CBDC), also known as…
Zenith Bank pleases shareholders by paying N100.47bn dividend
Shareholders of Zenith Bank Plc have voted unanimously in favour of the company's proposal to pay a final dividend of NGN2.90 per share. As a result, the total dividend for the fiscal year 2022 will amount to NGN3.20 per share, with a total…
Adeyeye warns that Indomie Instant Noodles ‘Special Chicken Flavour’ not approved by…
The National Agency for Food and Drug Administration and Control (NAFDAC) has issued a warning that the implicated Indomie Instant Noodles 'Special Chicken Flavour' is not registered for sale in Nigeria by NAFDAC.
Prof Mojisola Christianah…