Inflation: FMCG transaction volume in Nigeria declines by 17.4% in 2024 – Report
The latest report by NielsenIQ has revealed that the Nigerian Fast-Moving Consumer Goods (FMCG) market has seen a 17.4% decline...
Three companies sign MoU to produce anti-snake venom drugs in Nigeria
Three companies—AMA Medical Manufacturing Company, Echitab Study Group Nigeria, and Micropharm Ltd., UK—signed a Memorandum of Understanding (MOU) on Tuesday...
Customs to lose N188 billion in revenue over tariff removal on food imports
The Nigeria Customs Service (NCS) has stated that the revenue loss over the six month approved duties free importation of...
Manufacturers applaud tax incentive initiative, says it will reduce production cost
The Manufacturers Association of Nigeria (MAN) has thrown its weight behind the tax incentive initiative stating that it will help...
Bank Directors call on National Assembly to revisit 70% windfall tax, says it is ill-timed, burdensome
The Bank Directors Association of Nigeria, (BDAN) has called on the National Assembly to revisit the 70% windfall tax amendment...
Lagosians prefer yearly rent payment over monthly payment – Survey
Lagosians have indicated preference for annual rent payment compared to the monthly payment according to data from a survey on...
Prices of food items, cooking gas rise in Kaduna after nationwide protest
In the wake of recent nationwide hunger protests, prices of cooking gas and food items have surged dramatically in Kaduna.
Okomu Oil appoints Francois Fabri as Non-Executive Director amid board changes
Okomu Oil Palm Plc has announced the appointment of Francois Fabri as Non-Executive Director amid changes to the company’s board...
Nigeria’s crude oil production rises to 1.3 million bpd in July- OPEC
Nigeria’s crude oil production in the month of July rose to 1.307 million barrels of crude oil daily according to...
FCCPC blames disproportionate pricing of imported goods among retailers for inflation
The Federal Competition and Consumer Pricing Commission (FCCPC) has stated that disproportionate pricing of imported goods mostly among retailers is...
