FG to Raise VAT on Champagne, Other Luxury Items The Federal Executive Council on Wednesday approved the revised National Tax Policy. The policy will see the...
CBN to Penalise Banks With Cash Problems The Central Bank of Nigeria has said it will penalise Deposit Money Banks that have liquidity challenges by way...
Power Generation Hits 3,528 Megawatts The Transmission Company of Nigeria says that the nation’s power generation improved slightly to 3,528.90 megawatts on February 1 from 2,662...
Euro-Area Manufacturing Picks Up as Demand Drives Prices Higher Euro-area manufacturing expanded at the strongest pace in nearly six years, with firm order growth signaling a...
Dollar Hits 12-Week Low on Trump Global stocks turned higher while the dollar stabilized after its worst month since March as investors weighed the impact of...
Warren Buffett Buys $12bn Stock After Trump Won The failure of Warren Buffett’s favored candidate to capture the White House has not dimmed the billionaire’s appetite...
More Firms Eye Commercial Paper Funding, Market Attracts N240bn Strong indications have emerged that more companies will go for commercial papers (CPs) to meet their short-term...
Telecoms Subscriber Rises to 154.5m in Q4 2016 The mobile telecommunications subscribers’ base rose to 154.53 million as at the end of the fourth quarter of...
OPEC Records 82% Compliance on Output Cuts The Organisation of the Petroleum Exporting Countries (OPEC)’s oil output is set to fall by more than 1 million...
Unilever Restates Commitment to Local Manufacturing In consonance with its policy of promoting economic growth of developing countries, Unilever, a British-Dutch multinational consumer goods company has...