Pricing, infrastructure imbalance worsening Nigeria’s CNG investments deficit – NIPCO
Inappropriate pricing, infrastructure shortages and absence of a regulatory agency are partly responsible for investment deficit in Nigeria’s Compressed Natural…
Day: March 4, 2020
Global bankers’ committee reviews banking risks
The Basel Committee on Banking Supervision has concluded a two-day meeting in Basel during which the global bankers’ body reviewed…
FIRS eyes N4trn tax revenue from oil firms
In its bid to meet government’s 2020 revenue target, the Federal Inland Revenue Service (FIRS) on Tuesday said it hopes to…
How Economic Crisis forced 42 Lagos SMEs to shut down
At least 42 Small and Medium Enterprises in Lagos have been forced to shut down due to huge losses resulting…
China overtakes Germany as biggest containership nation
CHINA has overtaken Germany as the biggest nation in the container shipping sector in terms of total TEU. “The fact…
Obiora assumes duty as CBN Deputy Governor
KINGSLEY Obiora has assumed duty as Deputy Governor of the Central Bank of Nigeria (CBN). He replaces Okwu Nnanna, who…
Despite Stamp Duty Charge, PoS Transactions Hit N874bn In 3 Months
Despite the implementation of the stamp duty charge of N50 on Point of Sale transactions above N1,000, the value of…
Dangote Refinery to employ over 70,000 workers, says CBN
Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said Dangote Refinery will employ over 70,000 Nigerians when it begins…