FG to review oil firm’s plans on gas flaring
The Minister of State for Environment, Dr Iziaq Salako, has said the ministry through the National Oil Spill Detection and Response Agency will be commencing...
Business
24.5% interest rate: Private sector foresees higher inflation, massive job cuts
The hike in Nigeria’s Monetary Policy Rate, also known as interest rate, from 22.75 per cent to 24.75 per cent by the Central Bank of...
JUST IN: EU launches €9m energy projects in Nigeria
The European Union, in continuation of its commitment to supporting the Federal Government in providing clean, affordable and sustainable energy for all, has introduced two...
Tinubu okays infrastructure devt fund, FG eyes $25bn annually
President Bola Tinubu on Monday approved the Renewed Hope Infrastructure Development Fund to bridge the country’s $25bn per annum infrastructure funding gap. The new initiative...
Boost your business with mentorship
Amid the challenging operating environment, having a mentor as a startup can increase the chance for survival of your business, writes FELIX OLOYEDE Nurturing startups...
CBN directs BDCs to sell dollar at N1,269
The Central Bank of Nigeria has disclosed that it will be allocating $10,000 to each Bureau de Change operator at N1,251/$. This was contained in...
Failure to file annual tax return, criminal offence – LIRS director
The Director of Legal Services of the Lagos State Internal Revenue Service, Mr Seyi Alade, speaks on the legal implications of non-compliance with the filing...
Abuja farmers, others lost N12bn to ginger disease – FG
The Federal Government, on Monday, confirmed the outbreak of ginger blight epidemic in four states in Nigeria, adding that ginger farmers have lost over N12bn...
FG deducts N415bn state allocations for debt servicing
The Federal Government has deducted over N415bn from state government allocations to service their external loans, according to findings by The PUNCH. This was according...
Banking not route to billionaire status, says Sterling Bank MD
The Managing Director/Chief Executive Officer of Sterling Bank, Abubakar Suleiman, has warned newly-inducted members of the Chartered Institute of Bankers of Nigeria that being a...