The Bank of Industry (BOI) says it has disbursed N22.89 billion out of the N75 billion manufacturing sector intervention fund to 29 manufacturers. Its Managing Director, Dr Olasupo Olusi, made this…
Category: Business
NDIC Advises Closed Banks’ Customers Yet To Receive Payment
By Abdullahi Yusuf The Nigeria Deposit Insurance Corporation (NDIC) has advised customers of closed banks yet to receive their payment to visit the bank with their evidence to claim their funds. The…
Gov. Mutfwang Celebrates Okonjo- Iwela’s Reappointment As WTO Director- General
From Tongnaan Bawa, Jos Plateau State Governor, Barr. Caleb Manasseh Mutfwang, has congratulated Dr. Ngozi Okonjo-Iweala on her unanimous reappointment as Director-General of the World Trade Organization (WTO). In a congratulatory message…
Jigawa Governor’s Wife Applauds JIWEN for Hosting First Women’s Trade Fair
From Mika’il Tsoho, Dutse The wife of Jigawa State Governor, Hajiya Amina Umar Namadi, has commended the Jigawa Women Entrepreneurs Network (JIWEN) and Jigawa Invest for organizing the first-ever women’s trade fair…
FG, KACCIMA, Extol Dangote Over Sponsorship Of Kano Fair
The Dangote Industries Limited has received a torrent of accolades for sponsoring the 45th edition of the Kano International Trade Fair, which opened at the weekend. Minister of Defence, Mohammed Badaru Abubakar and…
Dangote Pavilion Turns Focal-Point At Kano Fair
The pavilion of the Dangote Group at the ongoing 2024 Kano International Trade Fair has become Mecca of a sort, attracting a torrent of customers excited to make inquiries and purchases as…
JUST IN: Nigeria’s Unemployment Rate Drops to 4.3% in Q2 2024 – NBS
The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate was 4.3 percent in the second quarter (Q2) of 2024. In a report on Monday, the NBS said the unemployment rate decreased…
KEDCO Records Improvement in Financial Performance After Power Restoration
…appeals for prompt payment of outstanding bills The Kano Electricity Distribution Plc. (KEDCO) has said it is having a steady improvement in its financial and business performance following the restoration of power…
FG proposes N47.9trn as 2025 budget
The federal government has proposed N47.9 trillion as the total expenditure in the 2025 budget. Atiku Bagudu, the minister of budget and economic planning, told journalists on Thursday, after the federal executive…
KNSG Commits to Creating Business-Friendly Environment at PEBEC
By Mustapha Salisu Governor Abba Kabir Yusuf of Kano State has reiterated his administration’s commitment to cultivating a conducive environment for business and commercial activities, benefiting both the state and neighboring economies….
KEDCO Building 100MW ‘Safe Grid’ to Protect Consumers From Grid Collapses
By Mustapha Salisu The Kano Electricity Distribution Company (KEDCO) has announced a partnership and initial investment of around $100 million to develop a 100MW “Safe Grid” for Kano, Katsina, and Jigawa States,…
BREAKING: IPMAN, Dangote Refinery Sign Landmark Agreement for Direct Petrol Supply
The Independent Petroleum Marketers Association of Nigeria (IPMAN) has reached a landmark agreement with Dangote Refinery to source petroleum products directly, marking a significant shift in Nigeria’s energy distribution landscape. IPMAN’s National…
Kano TJ&GP Hosts Dialogue on Tax Harmonization, Gender Equity in Revenue Generation
By Mustapha Salisu The Kano Tax Justice and Governance Platform (TJ&GP), in collaboration with Transparency and Accountability in Totality, hosted a one-day stakeholders’ policy dialogue on Monday in Kano aimed at addressing…
Tax Justice Trains KIRS Officers on GRM System Management
From Mustapha Salisu As part of efforts to strengthen public engagement in tax processes, the Tax Justice Governance Platform (TJ&GP) organized a one-day capacity-building workshop on Grievance Redress Mechanism (GRM) System Management…
Tax Justice Pushes for Gender-Responsive Taxation in Kano
By Mustapha Salisu The Tax Justice and Governance Platform (TJ&GP) Kano Chapter recently met with the Kano State Internal Revenue Service (KIRS) to advocate for gender-responsive taxation as part of a broader…
Dangote Refinery Would Propel Africa Out of Poverty – AU’s Ibn Chambas
…a testament to Dangote’s foresight, African entrepreneurship Celebrated diplomat and African Union High Representative for Silencing the Guns, Dr. Mohamed Ibn Chambas, has described the 650,000bpd Dangote Refinery, as a transformational project…
Dangote Partners ACCI, Lifts 2024 Trade Fair
The Dangote Group is partnering Abuja Chamber of Commerce and Industry (ACCI) to boost trade and investment in the country. Dangote Industries Limited is the major sponsor of the 19th edition of…
Adulterated foods: International Customers Reject 50 Dawanau Containers
By Abdullahi Yusuf International Customers have rejected over 50 containers of suspected adulterated foodstuff supplied from the Dawanau International Grains Market, Kano State. The President of the market, Alhaji Muntaka Isa, disclosed…
NNPC Ltd Releases Estimated Pump Prices of PMS from Dangote Refinery
The NNPC Ltd. has released estimated prices of Premium Motor Spirit (PMS), also known as Petrol (obtained from the Dangote Refinery) in its retail stations across the country. Olufemi Soneye, Chief Corporate…
APC will sweep forthcoming Kano LG polls – Doguwa
By Abdullahi Yusuf Alhaji Alasan Ado Doguwa, member of the House of Representatives,representing Doguwa/Tudunwada Federal Constituency,Kano State, says his party, the APC,will sweep the forthcoming local government elections in the state. The…
NIMASA, BoI Exploring Collaboration to Grow Capacity in Nigeria’s Maritime Sector
As part of efforts to enhance capacity in the Nigerian maritime sector, the Management of the Nigerian Maritime Administration and Safety Agency (NIMASA) and the Bank of Industry (BOI) have initiated discussions…
NNPC Ltd/Chevron JV Concludes Conversion of Assets into PIA Terms
By Abdullahi Yusuf In line with the Petroleum Industry Act (PIA) 2021 provisions of transiting assets from the Petroleum Profit Tax (PPT) into PIA terms, the NNPC Ltd and its Joint Venture…
NNPC Ltd Clarifies Role in Dangote Refinery Amid MURIC’s Allegations
The Nigerian National Petroleum Company Limited (NNPC Ltd) has responded to allegations made by the Muslim Rights Concern (MURIC), which claimed that NNPC Ltd is undermining the operations of the Dangote Refinery…
PMS Prices are Determined by Free Market Forces -NNPC Ltd
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has stated that foreign exchange (forex) illiquidity has been a significant factor influencing the fluctuation in prices of Premium Motor Spirit (PMS), which are…
Tax Justice Advocates for Tax Reforms in Kano
By Mustapha Salisu The Tax Justice and Governance Platform (TJ&GP) Kano Chapter recently paid an advocacy visit to the Kano State Internal Revenue Service (KIRS) to discuss and address tax-related issues in…