Business - Page 412

Banks’ Unfair Deal With Manufacturers

For manufacturing in Nigeria, access to funds is central to acquiring the right technologies, human resources and to fully utilize production capacity. In addition to any other source of capital, businesses are

Editor

July 9, 2023

Stock Market Cap Closes At N34.97trn, Investors Gain N40.9bn

Business·Markets

Nigerian Bourse Valuation Lifted By N555bn, First Bank, Wema Bank Top Trade

About N555.69 billion was added to the market capitalisation of the Nigerian stock exchange on Friday, raising the caqpitalisation by 1.64 per cent. This raised the bourse’s valuation to N34.32 trillion, from

Fakoyejo Olalekan

July 7, 2023

Agro-Economy·Business

Nigerian Pumpkin Leaf (Ugu) Farmer Looks To Solar Fuel, Seeks Foreign Sales Partnership

Located at the Graduate farmer’s Estate, Agbowa, off Ikorodu-Itoikin Road, his over one hectare of land beams with green life, as fluted pumpkin leaves (also known as ugu vegetable) sprawl across its

Victor Ezeja

July 7, 2023

Business·News

Tinubu Sets Up Tax Reforms Committee, Names PwC’s Oyedele As Chairman

President Bola Tinubu has approved the establishment of a Presidential Committee on Fiscal Policy and Tax Reforms. This is in line with his promise to remove all barriers impeding business growth in

Victor Ezeja

July 7, 2023

Business

FG Should Scrap 5% Telecoms Services Tax – ALTON

Chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), Mr Gbenga Adebayo, has called on the Federal Government to totally abolish the 5 percent Excise Tax on telecommunication services not

Victor Ezeja

July 7, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·Oil & Gas

FG Using Oil Companies’ Fines To Increase Revenue – Major Oil Marketers

The Chairman of the Major Oil Marketers Association of Nigeria (MOMAN), Olu Adeosun, said the fuel subsidy removal will increase the Federal Government’s revenue from the oil industry. Adeosun stated that the

Fakoyejo Olalekan

July 7, 2023

CBN Issues Guideline On How To Avoid Getting Duped By Illegal Financial Operators

Business

CBN Warns GTBank, Stanbic IBTC, Others Over Dealings With 6 Countries

The Central Bank of Nigeria (CBN) has warned Deposit Money Banks (DMBs) and other financial institutions in Nigeria to take extra caution when transacting with businesses or individuals residing in Cameroon, Croatia, Russia

Fakoyejo Olalekan

July 7, 2023

AMA News·Business

How Can Public-Private Partnerships (PPPs) be Successful?

WASHINGTON, USA, 07 July 2023-/African Media Agency(AMA)/Public-Private Partnerships (PPPs) enable governments to procure and deliver public infrastructure/services and leverage the resources and expertise of the private sector – through risk-sharing arrangements. When

Prime Business Africa

July 7, 2023

Naira Appreciates At Official Market As Dollar Supply Rises On Friday

Business·Currency

Official Market Dollar Sold At N762/$1, Euro, Pound Fluctuate In Black Market

In the investors’ and exporters’ window of the official market, the United States Dollar (USD) was sold at N762.63/$1 on Thursday, 6 July. The FMDQ Exchange, the official foreign exchange rate aggregator,

Fakoyejo Olalekan

July 7, 2023

The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties.

Business

Reps To Probe NPA, Customs, 3 Others After Illegal Sale Of Gov’t Properties

The Nigeria Ports Authority (NPA), the Nigeria Customs Service (NCS) and three other agencies have been accused of illegal auction of Federal Government properties. Also accused are the Nigeria Railway Corporation (NRC),

Fakoyejo Olalekan

July 7, 2023

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Business - Page 412

Banks’ Unfair Deal With Manufacturers

Nigerian Bourse Valuation Lifted By N555bn, First Bank, Wema Bank Top Trade

Nigerian Pumpkin Leaf (Ugu) Farmer Looks To Solar Fuel, Seeks Foreign Sales Partnership

Tinubu Sets Up Tax Reforms Committee, Names PwC’s Oyedele As Chairman

FG Should Scrap 5% Telecoms Services Tax – ALTON

FG Using Oil Companies’ Fines To Increase Revenue – Major Oil Marketers

CBN Warns GTBank, Stanbic IBTC, Others Over Dealings With 6 Countries

How Can Public-Private Partnerships (PPPs) be Successful?

Official Market Dollar Sold At N762/$1, Euro, Pound Fluctuate In Black Market

Reps To Probe NPA, Customs, 3 Others After Illegal Sale Of Gov’t Properties

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