Browsing: Business

Traders said markets were jittery, and that prices could sharply swing either way depending on developments at the Organization of the Petroleum Exporting Countries meeting in Vienna

Osinbajo said in furtherance to the President Muhammadu Buhari-led administration’s commitment to the growth of the domestic LPG industry, an inter-ministerial committee had been set up

Governor Akinwunmi Ambode had earlier on Tuesday presented the 2017 Budget proposal to the state House of Assembly for approval.
The budget, tagged: “Golden Jubilee Budget,” is N150.4 billion higher than the 2016 Budget, which stood at N662.58 billion

The forum was organised by the Federation of Tourism Associations of Nigeria in collaboration with the NTDC and the National Institute for Hospitality and NIHOTOUR in Abuja

The News Agency of Nigeria reports that the All-Share Index lost 84.99 points or 0.34 per cent to close at 25,233.42 against 25,318.41 achieved on Monday

The Acting Director of Corporate Communications of the apex bank, Isaac Okorafor, said this in Yenagoa, Bayelsa State at a sensitisation workshop for farmers

It stated that government was looking at various strategic ways of restoring revenue and getting the economy back on the path of sustainable growth

The House raised the concern following a motion under matters of urgent national importance moved by Sani Zorro, which was unanimously adopted by members through a voice vote

Speaking when he declared open a public hearing organised by the House committee on Commerce on a Bill to make credit facilities more accessible to small and medium enterprises in Nigeria, Dogara noted that the hearing would have to determine the possibility of conflict existing if the CBN Regulations and the current Bill, if passed, are allowed to exist side by side

Ajayi was accused of allegedly defrauding Alarab Properties, a subsidiary of Obasanjo Holdings Limited of the sum of N105 million.
He was arraigned on a three-count charge bordering on forgery, fraud and stealing

Danbatta, represented by Funlola Akiode, the Director, Licensing and Authorisation, made this known in Lagos at the 1st Annual Forum on Engineering and Emerging Technologies in the Communications Industry

Emmanouil Revmatas, the Director and Business Leader, Information Mobile and Technology, Samsung Electronics West Africa, said as the market leader in smart devices and solutions, “Samsung will continue to bridge consumer expectations of what a premium mobile experience should feel like with a readiness to delivering the best-in-class solutions that combine the strengths of Samsung’s mobile innovations”

The labour union said this in a statement issued on Tuesday on the proposal by the Governor of the Central Bank of Nigeria, Godwin Emefiele, that calls over three minutes should be taxed

Bago challenged the Agency’s Management on its budget implementation, stating that the Committee expects an implementation of over 90 per cent

Ambode, during the presentation, promised that the budget would be judiciously implemented to continue the massive infrastructural renewal and the enhancement of Lagos as one of the foremost tourism and investment destinations in Africa

Although the rumour was denied by the Federal Ministry of Petroleum Resources, Fulata said it was coming at a time when the nation is going through difficult times.

The Chairman Joint Tax Board, Tunde Fowler, who is also the Executive Chairman of the Federal Inland Revenue Service, disclosed this at the Transcorp Hilton in Abuja on Monday during the 136th meeting of the board

Leading the debate on the motion, Senator Adeola noted that section 80, subsection 1-4 of the 1999 constitution (as amended) clearly stipulated that all revenue and monies raised‎ or received shall be paid and form the Consolidated Revenue Fund of the Federation

The decis‎ion followed a presentation by the Chairman of the Senate Committee on Appropriation, Senator Danjuma Goje, who explained that during the interaction with MDAs, the committee observed that there other areas of critical needs that must be included in the virement in order to stimulate the economy

The Ad hoc Committee probing insurance companies’ pay out to Ministries, Departments and Agencies made the allegation when the Managing Director of NIGCOMSAT, Bimbo Alale, appeared before its members