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BUSINESS
Germany sold weapons worth $4.5 billion in 10 months
The German government approved the export of $4.5 billion worth of armaments in the first 10 months of 2021, says the Economic Affairs Ministry data.
According to the data, the value of weapons…
Improving the quality of Made-in-Nigeria products is key to increasing market penetration and share…
Vice President Yemi Osinbajo has said that made-in-Nigeria products will only perform optimally in Nigeria and abroad if manufacturers adhere to international quality standards.
According to…
Petroleum Industry Act: Insecurity, oil theft, major threats – Experts
Crude oil theft is a huge threat to actualising the objectives of the Petroleum Industry Act (PIA), experts in the oil and gas sector have said.
The experts urged the federal government and…
Nigeria is Africa’s No, 1 investment destination: First Bank, BOI
The CEOs of First Bank of Nigeria, Adesola Adeduntan and Bank of Industry, Olukayode Pitan, have affirmed that Nigeria is the most attractive destination for investment in Africa. They made the…
NGX gains N644 billion on MTNN, Airtel payment service approvals
Transactions on the Nigerian stock market closed on a positive note with the market capitalisation gaining N644 billion to hit N22 trillion mark, amid gains by telecommunication companies.…
SEC, Capital Market Committee to hold virtual session over trading ecosystem
The Securities and Exchange Commission (SEC) plans to discuss to brainstorm on charting a roadmap for the commodities trading ecosystem. SEC plans to do that in collaboration with capital market…
Companies cheat Nigeria, others out of $730 million yearly by tax avoidance – IMF
Nigeria and other Sub-Saharan African nations lose about $730 million annually to tax avoidance, according to a new report by the International Monetary Fund (IMF).
“Governments in sub-Saharan…
As Cooking Gas Price Rises, Don Says Nigeria Should Explore Biogas From Soakaways
Against the background of rising cooking gas prices, a professor of environment, Christian Madu, has reiterated the need to prevent escalation of greenhouse gases emission and rather explore the…
Zenith Bank posts N519 billion gross earnings in Q3 2021
Zenith Bank Plc has announced its unaudited results for the nine months ended 30 September 2021, with Gross Earnings rising by 2% from NGN509 billion recorded in the same period in 2020 to NGN519…