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Business

Business News

Nigeria’s economy records fifth consecutive decline in 2021 as inflation rate slows to 17.01% in August.

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Lagos, Rivers bid to collect VAT suffers set back as Appeal court orders parties to maintain status quo.

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Senate approves fresh loans of $8.3bn, €490m.

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The MD CEO of Bigly Oil and Gas ,Chief Kennedy Nwankwo has brought smile to the faces of the victims of Nkwo – Ogbe fire disaster with a cash donation of 5m each It would be recalled that on the 17th of October 2021 Nkwo- Ogbe market was gutted by fire with goods and properties …

The chairman of Abig Nwankwo foundation, Chief Kennedy Nwankwo joined well wishers across the country to celebrate with Lagos property Mogul Dr. Kennedy Okonkwo on the 12th of October 2021 as he marked his 44th birthday with the o grand breaking launch of Capital garden estates and opening of Citadel view estate.The billionaire buisnessman joined …

SANWO-OLU COMMISSIONS 100-UNIT HOUSING PROJECT IN LEKKI …Names a block in LSDPC building to honour a deceased civil servant Lagos State Governor, Mr. Babajide Sanwo-Olu on Wednesday commissioned Bayview Estate; a 100-unit housing project in Ikate-Elegushi, Lekki area of the State. The 100-unit housing project made up of 68 terraces of four bedrooms and 32 …

Lagos property Mogul Dr. Kennedy Okonkwo on the 12th of October 2021 marked his 44th birthday with the opening of Citadel View Estate and a ground breaking launch of Capital garden estates The day began with the opening to the public of Citadel view estate which is situated off Lekki Epe express way by Oko …

As the war over who collects Value Added Tax continues, The court of appeal, Abuja division, has granted the prayers of the Lagos state government as a co-respondent in the appeal filed by the Federal Inland Revenue Service (FIRS). The FIRS is challenging the judgment of the federal high court, Port Harcourt, which restrained the agency from …

As the country battles poverty, former Muhammadu Sanusi II, former Emir of Kano, has proferred some solution saying the country must have a knowledge-based economy to overcome poverty. The former CBN Governor gave this remark on Friday while speaking was at the Kaduna Investment Summit, tagged KadInvest 6.0, Sanusi said rather than prioritising infrastructure, Kaduna …

Amid the VAT tussle between the southern and northern region, spokesman of the Northern Elders Forum (NEF), Hakeem Baba-Ahmed, has challenged the northern governors to wake up and develop their own resources without delay. The controversial Baba-Ahmed made this statement this during an interview with Arise TV on Tuesday, while airing his views on  legal …

As the battle over who collects VAT rages on, the court of appeal in Abuja has reserved ruling in an application filed by the Lagos state government to join in an appeal filed by the Federal Inland Revenue Service (FIRS) against the Rivers state government. It would be recalled that a federal high court in …

If going by the words of Lai Mohammed, the minister of information and culture, Nigerians may soon have access to twitter again as the federal government says it is “very close” to resolving the issues that led to the ban of microblogging company in the country. The government had, on June 4, announced the indefinite suspension …

The Nigeria’s economy has recorded its fifth consecutive decline in inflation rate as the consumer price index (CPI), which measures the rate of change in prices of goods and services, dropped from to 17.01 percent in August from 17.38 recorded in July. The implication of this is that the increase in the prices of goods …