Category: Business
NPA imposes new stop duty on trucks
The Nigerian Ports Authority, through the Trucks Transit Parks, has introduced a mandatory N50.00 stamp duty payment on every N1,000 receipt issued to truck...
Tinubu to Nigerians: Petro prices will not increase
President Bola Ahmed Tinubu has assured that the pump price of petrol will not be increased despite speculations about a possible hike due to the landing cost of...
Inflation rate jumps to 24.08% in July
Nigeria’s headline inflation jumped to 24.08 per cent in July 2023, the National Bureau of Statistics has revealed. This is the highest recorded leap in 2023...
Tinubu considering ‘temporary subsidy’ on petrol, no, its fake news -Ajayi
President Bola Tinubu is considering a “temporary subsidy” on petrol as crude oil prices and foreign exchange rates continue to soar, TheCable understands....
Shut downs and job loss imminent as diesel prices jumps to N950 – Marketers
Major Oil marketers have expressed the fear that the foreign exchange crisis in Nigeria and the recent implementation of a 7.5 per cent Value Added Tax on...
18 Digital.money apps delisted from Google for failure to comply with rules — FCCPC
The Federal Competition & Consumer Protection Commission (FCCPC) has delisted over 18 digital money lending companies from Google. FCCPC on behalf of...
Otti enjoins Abians to pay their tax
Following the launch of the new digital tax system and subsequent deployment of the new payment system, the Governor of Abia State, Dr. Alex Otti, OFR, hereby...
Operators of illegal car lots in Lagos risks prosecution
The Lagos State Taskforce is set to prosecute operators of illegal car lots in the state in contranvention of the state laws. Chairman of the agency,CSP,Sola Jejeloye...
Ashimolowo retires, goes into real estate business
After preaching the Christianity gospel for over 40 years, pastor Matthew Ashimolowo, founder of Kingsway International Christian Centre, KICC, has chosen a new...
Options to stem naira volatility in foreign exchange market — Rewane, Teriba, others
Economic experts have stated the importance of clarity and transparency in Nigeria’s foreign exchange market to stem exchange rate volatility and engender its...
