Business

The Federal Government has assured to address the concerns of oil transporters and distributors to ensure smooth distribution following the high cost of operations and maintenance of trucks used in the distribution of petroleum products. Sen. Heineken Lokpobiri, Minister of State Petroleum Resources (Oil), made this known Monday in Abuja,...

The Nigerian government has called for an urgent meeting with all cement manufacturers in the country to address the surging retail prices of cement in the market. This move comes in response to recent increases in the cost of cement and associated products by distributors nationwide. The summons was disclosed...

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...