Rilwan Sumonu
Latest
7 mins ago
Belgium has raised concerns over the potential loss of a significant portion of its petroleum products exports to Nigeria as President Bola Tinubu, yesterday, in Abuja, intensified efforts to attract energy investors and expand domestic refining capacity.
8 mins ago
The Senate has said the proposed Tax Reform Bills will serve as a critical step in achieving President Bola Tinubu’s vision of a $1 trillion economy.
8 mins ago
The thought process of the Organised Private Sector (OPS) in Nigeria, as highlighted by the organisation’s newly elected chairman, Mr Dele Kelvin Oye, may just be what the country needs to break the economic logjam afflicting it over the past year.
9 mins ago
Nigeria's push for non-oil growth appears to be paying off as the sector’s contribution to output grew to 95.4 per cent in the fourth quarter (Q4) of last year.
9 mins ago
Petroleum Retailers Outlet Owners Association of Nigeria (PETROAN) has instructed its members to refrain from shutting down their operations over the non-payment of the N100 billion bridging claims.
10 mins ago
Vice President Kashim Shettima has assured Nigerian businesses of the Federal Government's continued support for their operations.
11 mins ago
The Director General of the Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has expressed deep concern over increasing costs of doing business, saying the recent 15 per cent upward review in port tariffs by the Nigerian Ports Authority's (NPA) will raise operational expenses.
12 mins ago
Despite the country's macroeconomic headwinds, two agro-based firms listed on the Nigerian Exchange Limited (NGX), Presco Plc and Okomuoil, have posted a combined revenue of N328 billion in the 12 months ending on December 31, representing 84.4 per cent increase above N176 billion achieved in the corresponding period in 2023.
13 mins ago
Director-General, Lagos Chamber of Commerce and Industry (LCCI), Dr Chinyere Almona, has warned the Federal Government and its agencies that continued policy instability and inconsistency pose significant risks to investor confidence because frequent policy reversals affect long-term business planning.
13 mins ago
The International Telecommunications Union (ITU) said developing countries would require about $1.6 trillion to bridge the digital infrastructure gap.