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Lagos fuel tanker fire: Traders count losses

TO many traders and residents in the Ajegunle bus stop area, Lagos, along the Lagos-Abeokuta expressway, the petroleum tanker fire of the early hours...

Recurring fuel scarcity cripples businesses, endangers lives

TIME, they say, is money. But in Nigeria, where over 70 million of the population live below the poverty line, citizens are devoting more...

Fraudsters dent Nigeria’s multi-billion-naira POS business

THE Point of sale transaction (POS), also known as agent banking, has proven to be a huge relief to many Nigerians.  The Central Bank of...
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Gov’t power project fails to light Iponri Market in Lagos (Part two)

The Iponri Market Energizing Economies Initiative (EEI) of the Rural Electrification Agency (REA) is one of the pilot projects initiated by the Federal Government...

Sabon Gari: Despite FG’s multi-billion investment on solar project, SMEs spend over N36m yearly on generators (Part one)

The Federal Government, through the Rural Electrification Agency (REA) resolved to provide a cheap, stable, and efficient off-grid power to support Small and Medium...

Nigerian economy cannot afford another lockdown, LCCI tells FG

THE Lagos State Chamber of Commerce and Industry (LCCI) says the Nigerian economy cannot afford another lockdown even as the spread of Omicron COVID-19...
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Osinbajo to lead discussion on solution to MSMEs challenges in AFCTA

NIGERIA's Vice President, Yemi Osinbajo, is set to lead a discussion and declare open a virtual Open Day with Micro, Small and Medium Enterprises...

Osinbajo faults CBN on FX, says poor partnership of fiscal, monetary authorities hinders MSME interventions

NIGERIA's Vice President Yemi Osinbajo has faulted the Central Bank of Nigeria (CBN)'s management of foreign exchange (FX), noting that Nigeria might not increase...

Policy inconsistency of CBN undermines foreign exchange supply – DG, Lagos Chamber

CHINYERE Almona is the newly appointed director-general of the Lagos Chamber of Commerce and Industry, the oldest chamber of commerce in West Africa, with...
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Why VAT can’t work in states – FIRS

THE Federal Inland Revenue Service (FIRS) has said that...