Posts in Business

NIGERIA OUT OF RECESSION, RECORDS 0.11 GDP GROWTH - BY MARY ABAZUO

Posted on: 21st Feb. 2021 at 11:44PM
The National Burea of Statistics (NBS) on Thursday disclosed that Nigeria's Gross Domestic Product for the fourth quarter of 2020 recorded a minute growth of 0.11 per cent. Nigeria's GDP…

HIT FM CEO OPENS FINESSE STUDIO IN CALABAR - BY MARY ABAZUO

Posted on: 15th Feb. 2021 at 3:55PM
Ugbe Patrick, CEO of Hit FM as at Friday commissioned Finesse Studios, Calabar. The studio said to have had free shots for clients before it's official opening and presently offering…

BREAKING NEWS: WTO CONFIRMS NGOZI OKONJO-IWEALA AS DIRECTOR GENERAL

Posted on: 15th Feb. 2021 at 3:49PM
Nigeria's former Finance Minister under the Goodluck Jonathan Administration Dr Ngozi Okonjo-Iweala has been officially confirmed as Director General (DG) of the World Trade Organization (WTO) today, Monday. This makes…

NCC ASKS ALL SIM CARDS TO BE LINKED TO NATIONAL IDENTIFICATION NUMBER

Posted on: 16th Dec. 2020 at 9:40AM
Following the earlier directive on the suspension of new SIM registration by network operators, the Honourable Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami convened an urgent…

FUEL PRICE NOW N151 IN NIGERIAN DEPOTS

Posted on: 3rd Sep. 2020 at 12:47PM
The Federal Government of Nigeria has announced a new depot price for Petrol with effect from 2nd of September 2020. According to a memo sent by PPMC on behalf of…

SHOPRITE TO LEAVE NIGERIA SOON

Posted on: 3rd Aug. 2020 at 12:30PM
Africa's biggest retail shop Shoprite has announced plans to withdraw their services from Nigeria. This was made known today during the company's operational update today Monday, August 3. Shoprite Holdings…

TINUBU'S DAUGHTER DENIES IMPOSING N1000 MONTHLY LEVY ON COMPUTER VILLAGE TRADERS

Posted on: 11th Jun. 2020 at 3:41PM
The Iya Oloja General of Lagos,¬†Folashade Tinubu-Ojo has denied the news that she had imposed a levy of N1000 on all the shop powers in the popular Computer Village. She…

OIL-RICH SAUDI ARABIA TO INCREASE VAT FROM 5% TO 15% FROM JULY 1

Posted on: 12th May. 2020 at 1:16PM
As the effect of COVID-19 is hitting many world economies, Saudi Arabia, an oil-rich country is not spared due to global oil price which has nosedived. The Saudi government has…

CHINA BEGINS WORK ON 6G NETWORK

Posted on: 9th Apr. 2020 at 12:42AM
As reported by DailyMail,¬† "China has officially begun the research and development of 6G technology." This is coming barely a week after the launch of the 5G network which has…