Business

University of Benin students protest power outage, cause traffic jam

University of Benin students protest power outage, cause traffic jam

From Tony Osauzo, Benin Students of the University of Benin amidst rainfall, yesterday, took to the streets, blocking the busy…
Aviation: IATA commends Nigeria for clearing foreign airlines’ trapped $831m

Aviation: IATA commends Nigeria for clearing foreign airlines’ trapped $831m

From Sola Ojo, Abuja The International Air Transport Association (IATA) has commended the Nigerian government for clearing the backlog of…
Electricity: IBEDC announces tariff hike by N2.70/kWh for Band A customers

Electricity: IBEDC announces tariff hike by N2.70/kWh for Band A customers

By Oluseye Ojo, Ibadan The Ibadan Electricity Distribution Company (IBEDC) has announced an upward review of electricity tariff for its…
Dangote Cement complies with minerals, mining Act, signs CDA agreement with Okpella communities in Edo

Dangote Cement complies with minerals, mining Act, signs CDA agreement with Okpella communities in Edo

From Ighomuaye Lucky, Benin Dangote Cement Plc, on Tuesday, in compliance with the provisions of section 116 of the Minerals…
Access Holdings to raise N351bn via Rights Issue

Access Holdings to raise N351bn via Rights Issue

By Chukwuma Umeorah Access Holdings Plc has unveiled plans to raise N351 billion through a Rights Issue, announced during a…
Currency in circulation hits N19.1trn in 5 months

Currency in circulation hits N19.1trn in 5 months

By Chinwendu Obienyi The currency in circulation (CIC) in the country has surged to N19.1 trillion over the past five…
FG approves new withholding tax regime, exempts SMEs, farmers, manufacturers

FG approves new withholding tax regime, exempts SMEs, farmers, manufacturers

By Seyi Babalola The Federal Government has authorised the exemption of small enterprises, manufacturers and farmers from paying withholding tax…
EU, FMO, FCMB, sign $25m bond to boost funding for Nigerian entrepreneurs

EU, FMO, FCMB, sign $25m bond to boost funding for Nigerian entrepreneurs

The European Union, Dutch entrepreneurial development bank, FMO and Nigeria’s First City Monument Bank (FCMB) have signed a $25 million…
Stanbic IBTC to host Bloom Weekend July 27

Stanbic IBTC to host Bloom Weekend July 27

Stanbic IBTC Holdings is set  to hold its annual women’s event tagged ‘Bloom Weekend’ on July 27, 2024. This event…
Nigeria losing N3trn yearly to tax evasion from oil rigs coys –Agbakoba

Nigeria losing N3trn yearly to tax evasion from oil rigs coys –Agbakoba

By Adewale Sanyaolu Nigeria is currently losing N3 trillion (15 per cent of its national budget) yearly to tax avoidance…
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