Business

Naira exchanges at 419.02 at Investors, Exporters window

The Naira on Friday, exchanged at 419.02 to the dollar at the Investors and Exporters window, compared to 420.33 traded on Thurday, representing 0.31 per cent appreciation. The open indicative…

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FIRS director wants collaboration on infrastructure tax remittances

Chartered Institute of Taxation of Nigeria (CITN) Fellow, Mr Oluwatobi Abiola, has urged engineers to collaborate with the government to boost the nation’s infrastructure tax remittances. Abiola, a Director in…

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Minister: FG eyes $2bn earnings from advertising

The Federal Government says at the conclusion of the on-going reform in the creative industry and advertising sector, the country will earn two billion dollars in advertising within three years. The…

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Naira dips by 0.18%, exchanges at 419.25 to dollar

Naira, on Wednesday, exchanged at 419.25 to the dollar at the Investors and Exporters window, compared to 418.50 traded on Tuesday, representing 0.18 per cent depreciation. The open indicative rate…

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Dangote Cement grosses N413.2bn revenue in first 3 months 

In the first three months of the 2022 financial year, Dangote Cement has recorded a 24.2 percent increase in its revenue and an 18 percent increase in its profit after…

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NBS: Retail price for petrol increases to N172.61 in April 2022

The National Bureau of Statistics (NBS), says the average retail price paid by consumers for Premium Motor Spirit (Petrol) increased to N172.61 in April 2022. This is according to the…

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Danbatta lauds Pantami’s appointment as WSIS Chairman

The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Garba Danbatta, has congratulated the Minister of Communications and Digital Economy, Prof. Isa Ali Pantami, on his appointment…

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TCN energises Odukpani – Ikot Ekpene 330KV transmission line

The Transmission Company of Nigeria (TCN), said it energised the Odukpani – Ikot Ekpene 330 Kilo Volt (kV) Double Circuit Transmission lines on Sunday. The company said that it energised…

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Naira loses against dollar, exchanges at 421.50

The Naira on Monday depreciated at the Investors and Exporters window, exchanging at 421.50 to the dollar, representing 0.60 per cent, compared to 419 traded on Friday. The open indicative…

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NGX closes downward, loses N83bn

The Nigerian Exchange Ltd., (NGX) closed on a bearish note on Monday, causing market capitalisation to dip by N83 billion, to close at N28.542 trillion from N28.625 trillion recorded on…

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