Browsing Category
Business
Bank of England Hikes Rate To Tackle Inflation
The Bank of England, BOE, has raised interest rates by a bigger-than-expected half a percentage point.
This comes after it said there had been “significant” news suggesting British inflation would take longer to fall.
The…
Nigerian Stock Exchange Market Capitalisation Declines By N62bn
After three consecutive days of gains on the equities market of the Nigerian Exchange, the market capitalisation depreciated by N62 billion to close at N32,240 trillion as against N32, 302 trillion naira on Wednesday.
The all-share index…
Abuja Authorities hand over Revenue collection to FCT-IRS
In order to mitigate revenue losses, due to inefficient revenue collection systems, the Federal Capital Territory Administration (FCTA) and the six Area Councils have jointly designated FCT Internal Revenue Service (FCT-IRS) as the single…
Expert laments Money laundering loopholes in Real Estate Industry
An expert in the real estate industry, Mallam Bature Ali Muhammad has lamented the activities of money launderers exploiting the several loopholes in the industry.
He raised the concern while delivering a paper titled “Asset…
Export Rejects: Nigeria Establishes National Quality Council
The Nigerian Government has established the National Quality Council to enhance development, harmonisation and rationalispation of Nigeria’s quality infrastructure.
The establishment of the the council is part of measures put in place by…
Nigeria to revive moribund industries to create jobs
President of the Nigerian Senate, Godswill Akpabio has pledged that the President Bola Tinubu- led administration, with the cooperation of the National Assembly, would implement policies that will promote the speedy resuscitation of…
Shea Butter Processing: Niger State empowers 400,000 Women
Niger State Government, North Central Nigeria, has planned to empower
over 400,000 women in shea butter processing, and other cash crops across the State.
The Governor of the State, Mohammed Umar Bago, made the announcement in…
NERC to meet stakeholders on implementation of 2023 Electricity Act
The Nigerian Electricity Regulatory Commission (NERC) has scheduled a meeting in July with stakeholders in the sector to discuss strategies and methods for the effective implementation of the 2023 Electricity Act.
This information was…
NEITI to conduct study on petrol consumption rate in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI) says it will conduct a study to determine the actual consumption of petrol in Nigeria, stressing that the high PMS consumption figures being released by some agencies of…
Canada To Miss Net-Zero 2050 Emissions Goal Without Further Action
The Canada Energy Regulator, CER, says the country will fall short of reaching net-zero emissions by 2050 unless it takes actions beyond the efforts already underway.
The CER's annual report laid out three scenarios around…