Business & Economy - Page 67

By Mike Abbah Nigeria’s ambitious revenue target of N36.35 trillion faces a major threat as the country’s Bonny Light crude oil fell by 10.6 per cent to $73.53   per barrel from $84.02 per barrel mid-January 2025, fueling fears over achievement of   Federal Government’s

By TAIYE OLAYEMI The stock market on Tuesday – YESTERDAY, mARCH 4 – witnessed a downturn as performance indices declined by 0.52 per cent. Specifically, the Nigerian Exchange Ltd. (NGX) market capitalisation fell by N345 billion or 0.52 per cent to N66.942

Trading activities on the stock market on Monday – yesterday, March 3 – closed on a mixed note as the Nigerian Exchange Ltd. (NGX) All-Share Index declined by 0.34 per cent due to share price depreciation. Specifically, the All-Share Index dropped by 0.34

The Ogun chapter of National Cashew Association of Nigeria (NCAN) has raised an alarm over the persistent extortion of money from its members while transporting cashew nuts within the state. Mr Taiwo Akinlabi, the Consultant on Special Duties for NCAN in

The Economic Community of West African States (ECOWAS) has reaffirmed its commitment to launching the Eco currency by 2027, according to a statement by Nigeria’s Spokesperson for the Ministry of Finance, Mohammed Manga. The rewed assurance came at the ECOWAS 11th Convergence

Borno Governor, Babagana Zulum, has approved a two-year tax waiver for traders affected by the September 2024 flood disaster and Maiduguri Monday Market traders. Chairman of the Borno State Internal Revenue Service (BO-IRS), Prof. Ibrahim Bello, announced this on Sunday while briefing

A group, Commonwealth Business Women Africa (CBW-Africa), has said it is set to host female business owners and entrepreneurs from no fewer than 25 countries to an empowerment and capacity- building summit in Lagos State, the Head, Steering Committee, CBW-Africa, Mrs

The Minister of Marine and Blue Economy, Adegboyega Oyetola, has assured the DP World, owners and operators of the Port of Dubai, of the federal government’s readiness to cooperate and welcome investments for the development and management of infrastructure in Nigeria’s

Socio-Economic Rights and Accountability Project (SERAP) has urged President Bola Tinubu to “direct Mr. Olayemi Cardoso, Governor of the Central Bank of Nigeria (CBN) to suspend the implementation of the increase in Automated Teller Machine (ATM) transaction fees, pending the hearing

Aka Eze Aka The Chairman, Udenu Council Area of Enugu State, Mr Aka Eze Aka, has said the council is reorganising Obollo-Afor Market to boost economic activities and improve trading experience in the LGA. Aka told newsmen in Enugu on Saturday –