Nigeria’s oil exports fall as explosion shuts pipeline
Businessam StaffFebruary 14, 2020
The nation’s oil exports have suffered a setback as an oil pipeline explosion forced the Nigeria Agip Oil Company, a subsidiary of
BPE opposes clamour to reacquire privatised power assets
Businessam StaffFebruary 13, 2020
The Bureau of Public Enterprises (BPE) wednesday warned against the ongoing clamour for the federal government to re-nationalise
Ministers, agencies working at cross purposes, advisers tell Buhari
Businessam StaffFebruary 7, 2020
The Economic Advisory Council of president Muhammadu Buhari has identified the lack of “synergy” between ministries, departments and
Nigeria loses N5.5trn to fraud, corruption, cyber crimes in ten years – Forensic Auditors
Businessam StaffFebruary 6, 2020
Seeks assent to Forensic Bill Says corruption responsible for borrowing of $29bn, others by FG The Chartered Institute of Forensic and
CBN’s report shows 34-month expansion in manufacturing
Businessam StaffFebruary 6, 2020
The Manufacturing Purchasing Manager’s Index (PMI) released by the Central Bank of Nigeria (CBN) has shown expansion in the
Debt exceeds revenue in 36 states, FCT, says FRC
Businessam StaffFebruary 6, 2020
South-West states more indebted than others All the 36 states of the federation contravened the guidelines of the Debt
FIRS boss wants to tax street traders, artisans, others
Businessam StaffFebruary 6, 2020
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mohammed Nami, has said that tax administrators need to tax
SON system failure: Port loses N84bn in two weeks
Businessam StaffFebruary 5, 2020
The failure of the server of the Standards Organisation of Nigeria to link importers to the Customs server for the clearance of goods
FG approaches China for $17bn loans
Businessam StaffFebruary 5, 2020
The federal government on Tuesday explained why it decided to approach the China-Exim Bank for a $17bn loan request. It said other
Nigeria must repay Abacha loot if it’s stolen again – US
Businessam StaffFebruary 5, 2020
The United States has stated that the $308m Abacha loot which will soon be repatriated to Nigeria must be placed in an account and if