Category: Business

FIRS directs banks to lift lien on tax defaulters’ accounts

The Federal Inland Revenue Service (FIRS) has written to banks, directing them to lift the lien on tax defaulters’ bank accounts for 30 days. The directive, which...

Financial expert tasks policy makers on economic growth

A financial expert, Mr Tony Edeh, on Friday urged policy makers to focus on creating better economic policies that would aggressively drive the growth of the economy....

Coca-Cola forecasts full-year profit below expectations

Coca-Cola forecast full-year profit well below Wall Street expectations on Thursday as it reported a quarterly decline in volumes in North America, sending its shares...

Nigeria’s economy firmly on the path of growth – Udoma

Nigeria’s economy has turned the corner and is now firmly on the path of growth, Budget and National Planning Minister, Senator Udoma Udo Udoma said in Uyo, Akwa Ibom...

2019: ‘Global oil supply to swamp demand despite output cuts’

The global oil market will struggle this year to absorb fast-growing crude supply from outside OPEC even with the group’s production cuts and U.S. sanctions on...

Nigeria develops tracker for oil sales – Kahikwu

The federal government can now account for its daily oil sales thanks to a new initiative development which breakthrough was announced by the minister of state for...

Citigroup sees Saudi, UAE as top Mideast markets for deals this year – Executive

Citigroup expects the majority of investment banking opportunities in the Middle East to come from Saudi Arabia and the United Arab Emirates this year, said Miguel...

Buhari

Association urges FG to increase tariff on import by 50%

The Lubricant Producers Association of Nigeria (LUPAN), has implored the Federal Government to increase the tariff on imported lubricants from five to 50 per cent. The...

Dangote, UNECA launch Africa Business Health Forum in Addis

The Executive Secretary, United Nations Economic Commission for Africa (UNECA), ms Veda Songwe,on Tuesday in Addis Ababa called for an improved Public Private...

Nigeria’s oil gate scandal: Abubakar, the man who links Nigeria, Congo in the investigations into Eni

By: Alessandro Da Rold At home they call him “Mr Corruption”, will be heard on March 13 during the trial in Milan, he would be the architect of the...