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Latest news on business in Nigeria - Page 6

Transcorp Power Records N142.1bn Gross Earnings In 2023, Signaling Robust Growth

Transcorp Power Plc, one of the power subsidiaries of Nigeria’s leading conglomerate, Transnational Corporation Plc (Transcorp), recorded gross earnings of N142.1 billion in FY 2023.

April 4, 2024

No Plans To Cancel NACCIMA/Qatar Business, Investment Forum In Doha

Business·News

NACCIMA Commends Relaunch Of NTFC, Seeks Increased Public-Private Sector Partnership To Drive Economic Devt

The National President of the Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA), Dele Kelvin Oye, has commended the Federal Government for the relaunch of the National Trade Facilitation Committee (NTFC), aimed at creating an efficient trade environment that

March 31, 2024

CPPE Highlights Why Nigerian Govt Should Review Customs FX Rate For Cargo Clearance

Business·News

Customs Forex Duty Rate Drops Again By 3% As Naira Strengthens Further

The Nigeria Customs exchange rate for calculating import duty at the nation’s ports has decreased further by 3 per cent on the back of continuous appreciation of the naira in the foreign exchange market.

March 27, 2024

News

Edo, LAPO Partner To Empower Small Businesses In 18 LGAs

Edo State Government has entered into a partnership with LAPO Microfinance Bank to empower and support small businesses in the 18 local councils of the State.

March 27, 2024

Finance & Economy

Top 5 Nigeria’s Sectors that Paid Highest VAT In 2023

Value Added Tax (VAT) collection in Nigeria has experienced significant improvement over the years. Currently one of Nigeria’s main sources of revenue, aside from oil, VAT which is managed by the Federal Inland Revenue Service (FIRS), is a consumption tax levied on the supply

March 20, 2024

CBN’s New Directive Forces Adaora Umeoji Out Of Zenith Bank

Business·Finance & Economy

Zenith Bank Appoints First Female GMD/CEO, Adaora Umeoji

Zenith Bank Plc has announced the appointment of Dr Adaora Umeoji as the Group Managing Director/Chief Executive Officer of the company.

March 20, 2024

Nigeria: Top 10 Performing Sectors By VAT Contribution In Q1 2024

Business·Finance & Economy

Nigeria’s VAT Collections Increase By 72.12% YoY Record N1.20trn In Q4 2023

Nigeria recorded a total of N1.20 trillion as Value Added Tax (VAT) contributions to the economy in the fourth quarter (Q4) of 2023.

March 19, 2024

Business

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors – CPPE

CPPE has described as “very unfair” the comments made by members of the Nigerian House of Representatives, against cement manufacturers regarding the current high cost of cement across the country.

March 18, 2024

Nigeria’s Inflation Hits 33.69% In April As Costs Of Food, Others Continue To Rise

Business·Finance & Economy

Nigeria’s Inflation Hits 31.70% As Food Costs Bite Harder

Nigeria's headline inflation rate hit a record high of 31.70 per cent in February 2024. This is an increase of 1.80 per cent from 29.90 per cent recorded in January 2024

March 17, 2024

Naira Gains More As Exchange Rate Drops To N1,300/$1 At Official Market

Business·Currency

Naira Drops To ₦1,602.43/$ After 3-Day Winning Streak In Official Market

The Nigerian local currency, the naira, has dropped again to ₦1,602.43/$1 after three consecutive days of trading below the ₦1,600/$1 mark in the official foreign exchange market window. According to data published by the FMDQ, the value of the naira dropped on

March 6, 2024

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Latest news on business in Nigeria - Page 6

Transcorp Power Records N142.1bn Gross Earnings In 2023, Signaling Robust Growth

NACCIMA Commends Relaunch Of NTFC, Seeks Increased Public-Private Sector Partnership To Drive Economic Devt

Customs Forex Duty Rate Drops Again By 3% As Naira Strengthens Further

Edo, LAPO Partner To Empower Small Businesses In 18 LGAs

Top 5 Nigeria’s Sectors that Paid Highest VAT In 2023

Zenith Bank Appoints First Female GMD/CEO, Adaora Umeoji

Nigeria’s VAT Collections Increase By 72.12% YoY Record N1.20trn In Q4 2023

Cement Prices: House Of Reps Members’ Comments ‘Very Unfair’ To Investors – CPPE

Nigeria’s Inflation Hits 31.70% As Food Costs Bite Harder

Naira Drops To ₦1,602.43/$ After 3-Day Winning Streak In Official Market

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Decarbonisation: Shippers Regret Failure to Reach Consensus on Net-Zero Framework

Project Secretariat, Customs Sensitize Eastern Traders, Others on Tinubu’s New Revenue Collection Portal

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Germany, Australia, and Lawyers Without Borders Urge Nigeria to Abolish Death Penalty

Revenue Dips as FAAC Shares ₦2.1tn for September – ₦122bn Short of August Payout

Unity Bank Corpreneurship Challenge Beneficiaries Hit 578 as 30 More Winners Emerge

International Day for Poverty Eradication: Nigerians Protest in Abuja, Demand End to Hunger, Poverty

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Innovation Series: Michael Gelpke Brings Home a Governmental Contract Worth 160M USD In Africa

Markets Find Footing as Gold Shines

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Latest news on business in Nigeria - Page 6

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