Presidential Committee Proposes Tax Exemptions on Essentials
The Chairman of the Presidential Committee on Fiscal Policy, Taiwo Oyedele, has revealed that his committee has recommended the removal ...
Tag: Business
NNPCL Should Keep Borrowing to Stay Afloat, Says Industry Expert
Petroleum industry expert Martin Onovo has suggested that the Nigerian National Petroleum Company Limited (NNPCL) continue borrowing money to keep ...
BUA Cement Records 27.4% Revenue Growth in 2023, Despite Challenges
BUA Cement Plc has declared a significant revenue growth of 27.4% in 2023, with a net revenue of N460 billion, ...
Nigeria’s Non-Oil Exports Rise 6.26% to $2.7 Billion in H1 2024
The Nigerian Export Promotion council (NEPC) has announced that non-oil exports generated $2.7 billion in revenue for the first half ...
Warren Buffett’s Midas Touch: Unveiling the Secret to Berkshire Hathaway’s $1 Trillion Triumph
As Berkshire's cash pile reaches a record high, Buffett's caution in a bull market is noteworthy. His reluctance to invest ...
Nigeria’s Cocoa Exports Surge 304% In Q1 2024
According to recent data from the National Bureau of Statistics (NBS), cocoa exports in Nigeria increased remarkably by 304% during ...
US Crude Oil Prices Dip Below $77 Amid Libyan Production Halt
U.S. crude oil futures are less than $77 per barrel on Tuesday, after a spike caused by Libya's blocks in ...
AfDB Set to Help 30 SMEs Expand Circular Economy Activities
AfriCircular Innovators Programme has chosen 30 Small and Medium Enterprises (SMEs) to receive financing and technical help to expand circular ...
NNPCL Divests Retail Assets to OVH Energy, Owned by Tinubu’s Nephew
The Nigerian National Petroleum Company Limited (NNPCL) has concluded the process of transferring its retained assets, including petrol stations, to ...
United Capital Plc’s Stock Price Surges 31% in August
The stock price of United Capital Plc has inflated immensely by thirty-one percent from July's closing price and arrived at ...
CBN Predicts Improvement in Business Conditions for August
According to the Business Expectations Report published by the Central Bank of Nigeria (CBN), there is much hope for a ...
Trump Media Stock Hits New Low Since Merger
Shares of Trump Media, which owns Truth Social, fell to a record low on August 19, 2024; the shares closed ...
MTN Group Reports Half-Year Loss Amidst Naira Devaluation
Africa's biggest telecommunications company, MTN Group, announced a half-year loss that is more significant owing to the devaluation of the ...
Nigerian Stock Market Experiences 1.51% Decline in Week Ended
The trading week ending August 16, 2024, witnessed a 1.51% fall in the Nigerian equities market due to heightened selling ...
Dangote Group Stocks Decline Amid Merger Denial And Forex Crisis
The Dangote Group, comprising of Dangote Sugar Refinery and NASCON Allied Industries, has experienced a decline in stock prices due ...
