Business & Economy

FG suspends import duties, taxes on essential food items to address hunger

FG suspends import duties, taxes on essential food items to address hunger Comptroller-General of Customs, Adewale Adeniyi The Comptroller-General of the Nigeria Customs Service (NCS), Bashir...

Wema Bank is the longest surviving indigenous bank in Nigeria

Wema Bank is the longest surviving indigenous bank in Nigeria The bank was founded 77 years ago by *Late Chief Matthew Adekoya* *Agbonmagbe* *Okupe* .   It...

Uncovered: How desperate homes, businesses bypass meters in massive electricity theft

With rising electricity tariffs, households and businesses in Nigeria are increasingly turning to illicit means to manage their soaring utility bills. GODFREY GEORGE, in...

FG deducts N100 billion from May revenue as second tranche of Presidential Metering Initiative funding

The Federal Government has set aside N100 billion as the second tranche of the Presidential Metering Initiative (PMI).   According to the Federal Account Allocation Committee...

Guinness Nigeria posts N73.6 billion full-year loss amid Tolaram takeover 

Guinness Nigeria Plc has reported a pre-tax loss of N73.6 billion for the financial year ended June 30th, 2024, as forex devaluation impacted bottom...

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