Business

NIPC Grants Approval To Construct, Children Park, Power Generation, Others

By Ladidi Gbagi Federal government through the Nigerian Investment Promotion Commission ,NIPC, has granted approvals in principle to six more companies to benefit 3-year tax...

FG’s Borrowing, Savings Plan Dips As Economy Worsens

By Charles Ebi  Nigerians are bracing for tough months ahead, with many planning to rely on borrowing and depleting their savings to manage their financial...

Forex Turnover Hits Low In August As Naira Nears N1,600/$1

Nigerian foreign exchange ,forex, market is currently witnessing a significant downturn, with average daily turnover plummeting to its lowest level since January 2024. This decline...

Dwindling Economy: Telecom Operators Begin Load Shedding To Cut Costs

By Yahaya Umar Some telecommunications operators in Nigeria have started implementing load shedding in some areas to cut their operating costs as the economic crunch...

NACCIMA Laments CBN’s Refusal To Clear $2.4bn Invalid FX Forwards

By Dickson Pat Central Bank of Nigeria’s l refusal to pay $2.4 billion foreign exchange ,FX, forwards declared illegal is affecting the operations of Nigerian...

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