Category: Business

Multiple Taxation: An Impediment to Economic Development

        By Adeleke Adewolu Protocols Nigeria is widely known to be not only Africa’s most populous country but also the largest economy on the...

CBN currency swap jumps to $12bn

…low reserves nothwithstanding Global financial rating group, Fitch Ratings, has estimated the Central Bank of Nigeria’s currency swaps with domestic banks to be...

Why Customs deactivated dealer Banks

  The Nigeria Customs Service (NCS) has been speaking on why it deactivated some dealer Banks from collecting revenue for it It will be recalled that the government...

Nigeria’s refining capacity drops to 6000 barrels per day

  An indication of why Nigeria continue to import larger portion of it’s petroleum needs emerged Wednesday as data obtained from the Organisation of the...

NCC Implementing requisite reforms to strengthen Telecoms sector says Adewolu

  The Nigerian Communications Commission (NCC) has said it remains committed to its regulatory role of continually implementing requisite reforms to strengthen the...

Reps vow to unmask powers behind oil theft

Reps vow to unmask powers behind oil theft The House of Representatives ad hoc committee set up to investigate crude oil theft and loss of revenue from gas has vowed to...

How Intels finally lost pilotage monopoly as NPA contracts four new companies

  Intels has finally lost its three-year bid to retain monopoly of the service boat monitoring contract in the nation’s four pilotage districts. The Bureau of...

Tinubu commends India Business sector over $14billion investments pledge

President Bola Tinubu on Wednesday commended Indian investors for significant investment pledges amounting to nearly $14 billion U.S. dollars committed during the...

Dollar Debt:Banks may get repayment next week , Naira May Rebound-CBN

    The Acting Governor of the Central Bank of Nigeria,CBN, Folashodun Shonubi, has said the apex bank will repay banks all outstanding forward contract debts...

Oando acquires 100 stake in Agip Nigeria

  Oando Plc says it has reached an agreement with Eni, on the acquisition of a 100 percent stake in its subsidiary — Nigerian Agip Oil Company Limited (NAOC Ltd)....