Business

Despite the prospect of accelerated economic growth, the presence of multiple taxation, which the World Bank has termed ‘nuisance taxes’ has and continues to prove to be a bane on economic development in the Nigeria. This was the crux of the conversation of a regional stakeholders workshop on multiple taxation...

The Nigerian Electricity Regulatory Commission (NERC) has launched an application that will enable citizens report power outage complaints and disruptions across the country. Speaking during the app’s launch in Abuja on Monday, Sanusi Garba, NERC chairperson, said the development is in line with the commission’s pledge to improve service delivery...

Minister for Marine & Blue Economy, His Excellency Adegboyega Oyetola (Middle) Managing Director/CEO Nigerian Ports Authority Mohammed Bello Koko (2nd from left), Executive Director Lekki Deep Seaport Adesuwa Ladoja (2nd from right) and Chief Operating Officer Lekki Deep Seaport Laurence Smith during the maiden visit of the pioneer minister for...

Deputy Speaker of the House of Representatives, Rt. Hon. Benjamin Okezie Kalu has lauded the appointment of technocrats on the board of the Niger Delta Development Commission (NDDC), saying it was necessary in achieving the desired objectives of the agency. In a congratulatory message to the Abia State representative on...

Honourable Minister of Marine & Blue Economy, Adegboyega Oyetola (Middle), Managing Director / CEO Nigerian Ports Authority (NPA) Mohammed Bello Koko (3rd Left) flanked by NPA Ship Captains and Pilots. The Minister of Marine and Blue Economy, Adegboyega Oyetola, has said there is need for immediate rehabilitation of the critical...

The Board of Directors of Zenith Bank Plc has appointed Juliet Ehimuan as a non-executive director of the financial firm effective August 29, 2023. The appointment, announced in a corporate filing to the Nigerian Exchange (NGX) Limited on Tuesday, has been confirmed by the Central Bank of Nigeria (CBN). Ehimuan...

The Nigerian National Petroleum Company (NNPC) Retail Limited says it has taken appropriate disciplinary action against its staff found under-dispensing fuel to customers in Port Harcourt, Rivers state. A video had recently circulated on social media showing a fuel attendant dispensing what appeared to be the remnant of a customer’s...

Mele Kolo Kyari is driving high performances index in spite of the daunting challenges since assuming the mantle of leadership and has worked assiduously with the corporation and the Nigerian Oil and Gas industry for over 33 years. The reform-minded oil and gas industry technocrat unfolded an agenda for the...

A new automotive trading company, Bluesky Real Auto Home Limited has announced some products offerings aimed to meet the growing needs of automobile consumers in Nigeria This was disclosed by Alhaji Salihu Al-Amin, the General Manager of Bluesky Real Auto Home Limited at the inauguration of its management team on...

The Central Bank of Nigeria (CBN), Monday disclosed that it will reverse the slide of the naira as it has lined up intervention meassures that will be unveiled in the next few days. Briefing State House correspondents after a meeting with President Bola Tinubu at the presidential villa, Abuja, the...