Business

Nigeria, other developing countries serviced debt with $443.5bn in 2022

....Poorest countries face risk of debt crises as borrowing costs surge – World Bank Amid the biggest surge in global…

2 years ago

CBN assures adequate cash supply, says N3.4trn in circulation

The Central Bank of Nigeria (CBN) has reassured Nigerians of enough naira notes in circulation, to cater for their cash…

2 years ago

NNPCL generates N4.5trn revenue in 10 months

The Nigerian National Petroleum Company Limited (NNPCL) has generated N4.5 trillion as revenue for the federation as of October 2023.…

2 years ago

Sanwo-Olu presents N2.2trn ‘Budget of Renewal’

Governor Babajide Sanwo-Olu, on Wednesday, December 13, 2023 presented an estimate of N2.2 trillion expenditures to the House of Assembly…

2 years ago

Airlines to pay compensation for delayed, cancelled flights – Minister

The Ministry of Aviation is working on plans to ensure that commercial airlines operating in Nigeria pay compensate to passengers…

2 years ago

Govt moves to sell 40% shares in 11 DisCos through IPO

The Federal Government has concluded plans to sell off its 40 per cent stakes in the 11 Distribution Companies (DisCos).…

2 years ago

Stallion Group: We’re not owing UBA N156bn

Stallion Nigeria Limited has debunked a claim by the United Bank for Africa (UBA) that the Stallion Group is indebted…

2 years ago

MTN Nigeria: Tower contract to ATC is final

MTN Nigeria has debunked reports that IHS Towers has offered the company improved terms for the lease of 2,500 sites…

2 years ago

Companies pay N1.75trn income taxes for nine months

Companies paid N1.75 trillion as taxes in the third quarter of 2023, the National Bureau of Statistics (NBS) declared in…

2 years ago

Customs targets N6trn revenue in 2024, kicks against waivers

The Nigeria Customs Service (NCS) is projecting to generate N6 trillion as Internally Generated Revenue (IGR) for the Federal Government…

2 years ago

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