Business

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Thirty-three state governments cannot finance their recurrent expenditure without allocation from the federation account, a report prepared by BudgiT has said. The federation account, according to nigerianstat.gov.ng, is the central pocket through which the three tiers of governments maintain their...
Following investors renewed appetite in some bellwether stocks, the Nigerian equities market rebounded yesterday, as market capitalization appreciated by N15 billion. Specifically, at the close of transactions, the All -Share Index (ASI) rose by 32.11 points or 0.12 per cent...
Federal Government’s latest border policy, which altered the flow of commodities- legally and illegally, particularly through the Benin Republic, has in the immediate, changed some economic fundamentals. The government had in August, ordered partial closure of land borders to curtail...
One of the fastest growing and innovative automobile company in Nigeria, Innoson Vehicles, has issued a statement in reaction to a fake news which says they’ve been ordered by the Federal Government to relocate to Kaduna State. The statement signed...
A group of experts under the aegis of the Association for Public Policy Analysis (APPA), as well as the U.S.-Nigeria Trade Council (USNTC), yesterday, in Abuja, asked the Federal Government to halt continuous borrowing to finance the power sector,...
The All Progressives Congress (APC) National Chairman, Comrade Adams Oshiomhole, has revealed that Nigeria will bank on Vietnamese government to revive the defunct textile industry in the country. Oshiomhole, who made this when a delegation from the Vietnamese Government paid...
Permanent Secretary, State House, Jalal Arabi, said some of the vehicles purchased as far back as 1999 were still being used for daily operations in the State House. A statement by Attah Esa, deputy director (Information), State House, said Arabi...
A business expert and founder, Nicky Organisation, Dr. Nicky Okoye has said Nigerian Diaspora earnings would surpass the amount the country earns from crude oil sales by the year 2020. Okoye who is also the Chief Executive of ANABEL Group...
Lagos-based real estate firm, Zama has partnered with Landwey Investment Limited, to expand its presence to industry professionals, simplify the home buying process and empower brokers with tools that could help them work smarter. Through the strategic collaboration, all Landwey...
The Minister of Information and Culture, Alhaji Lai Mohammed says ” there is no gain without pain”, Nigerians must endure the temporary effects of the closure of the border to reap the attendant’s benefits. The minister stated this on Monday...

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