Business

The House of Representatives on GM Thursday urged the Central Bank of Nigeria to maintain the system exchange rate for Customs and Excise duty purposes below N1,000/$1 preferably N951.941/$1. The lawmakers said this will encourage patronage in Nigerian ports to prevent galloping inflation, aiming to balance economic stability with competitiveness...

The Speaker of the House of Representatives Rt. Hon Abbas Tajudeen Ph.D, has said that the 10th House is committed to work with the Executive arm towards opening up opportunities in the maritime sector to boost Nigeria’s economy through foreign exchange earnings and job creation. Speaker Abbas said this is...

The Executive Governor of Osun State, Senator Ademola Adeleke has commended Dr. Owolabi Gbenga Ayodele for complimenting the state’s government efforts to rejig the infrastructure of public schools and enhance learning environment, saying that the generous donation of school chairs and tables at Asipa Community High School in Asipa will...

The Federal Inland Revenue Service (FIRS), says it has no plans to tax online content creators. According to a staff of the agency who spoke under the condition of anonymity, skit makers are individuals who do not fall within the purview of the FIRS. “FIRS does not tax Personal Income...

The Association of Local Governments of Nigeria(ALGON), Benue state chapter has commended the state Government for taking the initiative to ensure food sufficiency through subsidies on fertilizer, other farming requirements as well as encouragement of loan schemes for small scale businesses through cooperative societies . The ALGON also commended the...

Veteran NollyWood Actor and Producer, Jim Iyke, says he is not looking to follow the unproductive path of many prominent actors and actresses who became bankrupt after a blistering acting career. He says he has delved into Real Estate, one of the most trending and lucrative business world over. Speaking...

Chief Whip of the Senate, Senator Ali Ndume, has advised the management of the Central Bank of Nigeria, CBN to focus on stabilising the monetary situation in the country, especially the spiraling exchange rate and the rising inflation, rather than dwelling on relocation of departments from its Abuja headquarters to...