Business & Economy - Page 169

expectations of the Nigerian people,” he said. Gbajabiamila said the retreat would be a continuous exercise, as governance is an evolving process that requires regular adjustments, urging the State House management and chief executives of agencies under its supervision to lead by example by ensuring compliance

By RUKAYAT ADEYEMI, (NAN) The Nigerian Exchange Ltd. (NGX) has lifted the suspension placed on trading in the shares of Guinea Insurance Plc, effective Aug.12. NGX, in its weekly report made available to newsmen in Lagos, confirmed that the suspension was lifted because the

The Federation Accounts Allocation Committee (FAAC), has shared the sum of N1.358 trillion among the Federal Government, States and Local Government Councils (LGCs) for the month of July. In a communique issued after the FAAC meeting for August on Friday (yesterday, August

By RUKAYAT ADEYEMI The domestic bourse, for the fourth consecutive session, extended its losses by N57 billion, driven by selloffs in FBN Holdings, Access Corporation and Transnational Corporation, among others. Specifically, the market capitalisation, which opened at N55.188 trillion, shed N57 billion

The Federal Government has unveiled guidelines for the implementation of the “Zero Percent Duty Rate and Value Added Tax” exemption on certain basic food items. In a statement issued Wednesday (yesterday, August 14) in Abuja, Spokesperson of the Nigeria Customs Service (NCS),

Following the persistent fuel scarcity in the country, which Mele Kyari, the Group Managing Director of NNPCL, has presided over in the past five years, and given what has been described as the opaque nature of financial transactions by the NNPCL, the President,

Poultry farmers in Oyo State have called on the federal government to tackle the inclement business climate taking a heavy toll on their business. Chairman of Poultry Association of Nigeria (PAN), Oyo State chapter, Mr Omidokun Oyekunle, said in an interview earlier

By ISMAIL ABDULAZIZ Mr Ajayi Audu banks with the 37 year-old Unity Bank Plc and has been a customer for the past 19 years since he started work in the civil service. The Central Bank of Nigeria (CBN) recently announced the bank’s merger

The Small and Medium Enterprises Development Agency (SMEDAN) has partnered with the Nigerian Postal Service (NIPOST) to offer a special 15 per cent discount on logistics services to small businesses. The Director-General of SMEDAN, Mr Charles Odii, who disclosed this while signing

MTN Nigeria’s Chief Executive Officer, Karl Toriola, has issued a stark warning that the country’s telecom sector is in a critical state and requires immediate intervention to prevent its collapse. Speaking at a forum titled ‘TELECOMS INDUSTRY 2.0: The Next Investment Frontier