Category: Business

Oyo State government has assured the people of the State that the present government would not increase tax on small and medium scale enterprises (SMEs) in its drive to soar up its revenue base. The Chairman, Oyo State Board of Internal Revenue (BIR), Aremo John Adeleke stated this recently in a chat with newsmen at […]

Stakeholders have called for the review of the Economic Community of West African States (ECOWAS) protocol on free movement of persons, goods and animals. The call was made yesterday during the consultative security meeting on herders/farmers crisis at the multipurpose hall of the Nigeria Union of Teachers (NUT) in Jalingo, Taraba State. Seeking permanent solutions […]

The MTN Foundation has invested numerous resources and energy into communities with the goal of building better relationships, and working together to build a brighter future for all, its director, Dennis Okoro, has stated. According to a statement, the foundation explains the investment of over one billion naira in the lives of individuals across the […]

The Central Bank of Nigeria on Friday said two foreign banks, HSBC and UBS, have closed their offices in Nigeria. The CBN also revealed that foreign investment had fallen sharply from a year ago as FDI slumped to N379.84 billion ($1.2 billion) in the first half of the year from N532.63 billion ($1.7 billion) a […]

Okriks.com, an e-commerce platform that connects buyers and sellers of used and second hand fashion products, has debuted in Nigeria. The website is designed to provide an opportunity for the average Nigerian to bring their used items, display them, and also enable buyers and sellers of previously owned goods meet and trade. The platform seeks […]

Mrs Joan Ihekwaba, Managing Executive UAC resturants, has said Mr Bigg’s is fully on ground to meet the food needs of the teeming population of Challenge and it’s environs to enjoy the vast array of meals rooted in the rich heritage of the Mr Bigg’s brand. She said at the opening of a new Mr. […]

Standard Chartered, Stanbic IBTC, Citibank,Diamond get N5.9b fine • MTN to refund $8 billion Four commercial banks have been sanctioned by the Central Bank of Nigeria (CBN) for various forgeries in foreign exchange transactions between 2007 and 2015. For these infractions, they are to refund N5.87 billion to the apex bank. According to the CBN, […]

Nigeria’s oil exports are expected to rise to their highest in four months in October, thanks to supply of several larger grades coming back online following a series of pipeline outages in the last couple of months. Loading of Nigerian crude will rise to 1.73 million barrels per day, from September’s 1.41 million bpd, Reuters […]

Every organization is the aggregation of the quality of its personnel. So, the height that can be reached by an organization is determined by the quality of its personnel. In the same vein, the hurdle that cannot be scaled by an organization is an indicator of the limits of its personnel’s capacity. The leadership may […]