Reading Time: < 1 minutes Mercedes-Benz has put an all-electric compact model from Mercedes-EQ for the first time on the road. This marks the entry into the purely battery-electric vehicle…
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Category: Business
Dangote Remains Africa Richest, Adenuga Makes Forbes Richest Persons List (Full List)
Reading Time: < 1 minutes Founder and Chairman Dangote Cement, Aliko Dangote, has retained his position as the richest person in Africa with a net worth of $12.5b on the…
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Tax Revenue Dropped By N367bn In 2020 – FIRS
Reading Time: < 1 minutes The Federal Inland Revenue Service (FIRS) collected N4.95 trillion in total tax revenue in 2020, the agency said on Tuesday. However, this was N367.7 billion…
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$1.1bn Deal: Elumelu’s Firm Buys Shell, Total, ENI Stakes In Oil Block
Reading Time: 2 minutes According to a report by The PUNCH, three international oil companies operating in Nigeria have sold their combined 45 per cent interest in Oil Mining…
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Naira Crashes To N470/$1, As Turnover Drops By 59%
Reading Time: 2 minutes The Naira has, once again, weakened at the black market as the exchange rate at the parallel market suffered its second depreciation of the year.…
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Dangote Cement Reposses N9.8bn Worth Of Shares
Reading Time: 2 minutes Dangote Cement Plc has bought back 40.2 million shares for N9.77 billion during the first tranche of its share buyback programme. The company said in…
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It Will Take Tough Policy Decisions To Restore Nigeria’s Economy To Growth –Report
Reading Time: 2 minutes Government needs to brace up for tough policy decisions including the defence of the Nigerian economy against external and fiscal instabilities in order to restore…
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Naira Gains Against Dollar…See Latest Exchange Rate
Reading Time: < 1 minutes The Naira on Thursday appreciated against the dollar to close at N476/$1. This comes after Forex turnover rose significantly by 96.6%. Also at the at…
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NBS: Average Price Per Litre Of Kerosene Increases To N352.93 In October
Reading Time: < 1 minutes The National Bureau of Statistics (NBS) says the average price per litre paid by consumers for national household kerosene increased to N352.93 in October from…
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Minister Tasks Youth On Creativity, Entrepreneurial Skills
Reading Time: 2 minutes The Minister of Communications and Digital Economy, Dr Isa Pantami, on Saturday advised the Nigerian youth to develop their skills and drive innovation and entrepreneurship…
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