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Akwa Ibom Govt Adds Two New Aircraft To Ibom Air Fleet

The Akwa Ibom State Government has acquired two new aircraft for Ibom Airlines to make a total of five aircraft owned by the state. Chairman of Ibom Air, Air Commodore Idongesit Nkanga (rtd), said during a press conference with newsmen in Uyo that the new aircraft would be unveiled this January. He said Ibom Air […]

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Business News

Buhari Meets NNPC GMD Kyari on Oil Price Surge:

President Muhammadu Buhari on Wednesday met behind closed doors with the Group Managing Director of the Nigeria National Petroleum Corporation (NNPC), Mela Kyari, at the Presidential Villa, Abuja. The agenda of the meeting was unknown at the time of this report. It was understood that the meeting came amidst the escalating tension between the United States and […]

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Business News

Small Businesses Exempted From Tax Payment – Federal Government

The Federal Government of Nigeria has exempted all small businesses in the country with an annual profit of less than twenty-five million nairas from the payment of company income tax.According to the Minister of Finance, Budget and National Planning, Zainab Ahmed, who made this known at the wake of new increase of taxes by 7.5% said that the new […]

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Business News

Details Of How To Start Rice Farming In Nigeria i

If you live in areas that are full of swamps, the season is good for bargains. Rice farming is one of the viable investments that a serious investor should not despise. This is due to the potential for productivity and profit. One of the advantages of rice cultivation is that it takes less than four months between […]

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Business Lifestyle

NAFDAC Storms Skin Care Shop Where Ladies Bleach Their Skin Instantly For 30K

The skin-care outlet where a lady was recently spotted, ‘peeling’ her skin in a water-filled with some sort of chemical, all in the name of bleaching has been stormed by officials of the National Agency For Food And Drug Administration And Control (NAFDAC). Recall Naija News reported a video, where a woman was seen lying in a bathtub […]

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Business News

Banks recorded N42.7tn electronic transactions in three months —NBS

    The banking sector recorded 800,201,498 volume of transactions valued at N42.76tn within the third quarter of this year. The figure is contained in the banking sector report which was released by the National Bureau of Statistics on Tuesday. The NBS in the report stated that Nigerian Interbank Settlement System Instant Payments transactions dominated […]

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Business News

Over Two Hundred Billion Naira Generated From VAT In 3rd Quarter Of 2019

The National Bureau of Statistics (NBS)has revealed that the Nigerian government has generated over N275.12 billion as Value Added Tax (VAT) in the third quarter of 2019. The NBS who made this known in its Sector Distribution of VAT for 2019 third-quarter report in Abuja. It explained that what was realised in the third quarter was less compared […]

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Business News

Free ride as minister flags-off trial of Lagos-Ibadan speed train

  The Minister of Transportation, Rotimi Amaechi, on Saturday announced that the free train ride on the Lagos-Ibadan standard gauge will begin on Monday. Amaechi disclosed this shortly after flagging off the ride. He rode from Fagba, in Lagos, to Ologuneru, Moniya, which is Kilometre 154, in Ibadan, the Oyo State capital, expressing satisfaction that […]

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Business News

FG to rehabilitate three refinaries

    The Federal Government says it will rehabilitate the Warri, Port Harcourt and Kaduna Refineries to achieve local production of 360,000 MTPA of Liquefied Petroleum Gas, LPG, by 2023. The News Agency of Nigeria reports that the Minister of State for Petroleum, Mr Timipre Sylva, made the disclosure at Nigeria LPG Summit 2019 in Lagos on […]

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Business News

20 winners picked in Peak breakfast promo

          In furtherance to encouraging healthy breakfast culture in Nigeria, Peak Milk, the flagship brand from dairy giant, FrieslandCampina WAMCO Nigeria Plc has held the final draws of the Peak Breakfast Promo where 20 lucky winners received the grand prize of an all-expense-paid trip to Dubai to enjoy a breakfast banquet. […]

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