Banks Commit N10b Loans To Firms
First Bank of Nigeria in collaboration with Access Bank have dedicated N10 billion loan to firms that have good credit ratings. The Managing Director of CreditRegistry, Mrs. Jameelah Sharrieff-Ayedun said…
Power Supply:Generation, Transmission Peaks At 5,375MW – TCN
The Transmission Company of Nigeria (TCN) says the National Grid successfully transmitted a new generation peak of 5,375MW on Feb. 7. Mrs Ndidi Mbah, TCN General Manager, Public Affairs in…
Abuja Chamber Calls For Urgent Tax Reform To Grow SMEs
Abuja Chamber of Commerce and Industry (ACCI), has called for urgent tax reforms to safe Small and Medium Enterprises (SMEs) from demands for tax even before they begin to make…
Where Is $7bn CBN Placed With 14 Banks?
By our business correspondent THE subject of the narrative, in this column, last week, was the $7bn which Festus Odoko, former CBN Corporate Affairs Director, confirmed had been deposited with…
NPA/Truck Owners Adopt Temporary Call-Up System To Ease Apapa Gridlock
A coalition of the Association of Maritime Truck Owners (AMATO) and Container Truck Owners Association (COTOAN) have expressed confidence at easing the Apapa gridlock, through a temporary manual call-up system…
War Against Energy Crazy Bills
THE overwhelming importance of estimated electricity billing, otherwise known as “crazy bills”, was demonstrated recently when a bill sponsored by the Majority Leader of the House of Representatives, Hon. Femi…
Nigeria Loses N1trn Annually To Lack Of National Trade Platform At Seaports
By our corrspondents The absence of a National Single Window (NSW) platform at Nigeria’s seaports is costing the federal government a whopping N1.08trillion in customs revenue annually, Premier has gathered…
Court To Hear Contempt application Over Etisalat Sale
Eniola Olayemi Federal High Court in Abuja has warned the Central Bank of Nigeria (CBN), the Nigerian Telecommunication Commission (NCC) and others involved in the transaction for the sale of…
Experts Decry Delay In Passage Of Budget
Financial experts have decried the recurring delays in the passage of the annual national budgets, which appear to have become a culture. The experts who spoke in separate interviews, say…
Why News Of Tomato Import Ban No Longer Interests Farmers
In the last seven years, news of banning tomato paste and concentrate importation has always been in the media, most times, dying down after two weeks. Several summits have been…
