Category: Business

H1’2022: GTCO posts N103.2bn profit ….Fidelity Bank records impressive results

  Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended...

Oil price rebounds to $107 per barrel

Oil industry: FG to install new flow meters, take over production data from oil firms

. To recover 0.8mbpd from shut wells • Nigeria, others explore options for cheaper energy, inflation Contrary to the present practice where Nigeria depends on...

FG

FG halts implementation of telecoms tax

  The Federal Government has halted the proposed implementation of new telecoms taxation in the country beginning from next year. FG to begin implementation of...

Pipeline contract:Tompolo followed due process-NCDC

  Following the uproar generated by the oil pipeline surveillance contract awarded to an ex-militant leaders Government Ekpemopolo (aka Tompolo), the Special...

Value

VAT for Q2 stood at N600.15bn — NBS

VAT for Q2 stood at N600.15bn — NBS   The National Bureau of Statistics (NBS), says the aggregate Value Added Tax (VAT) was reported at N600.15 billion for Q2...

Over 50,000 telecom infrastructure destruction reported in five years

    Over 50,000 cases of major destruction to telecom infrastructure and facilities have been reported across the country in the past five years. This...

Obadimu is NACCIMA’sl new DG

  The Nigerian Association of Chambers of Commerce, Industry, Mines and Agriculture (NACCIMA) has appointed Mr. Sola Obadimu as its Director General effective 1st...

army

Katsina: Suspected terrorists ambush soldiers, kill two, injure four

    Suspected terrorists on Wednesday morning attacked an Armoured Personnel Carrier (APC) of the Nigerian Army, killed two soldiers and injured four others in...

Customs to commence collection of new excise duties on cigarettes and beverages

  The Kwara Area Command of the Nigeria Customs Service, says it will begin collection of the new excise duties on beverages and cigarettes from factories in the...

NCC issues new International Termination Rate (ITR)

  The Nigerian Communications Commission (NCC) has issued an amended Determination of Mobile (Voice) International Termination Rate (ITR) for implementation in the...