The Manufacturers Association of Nigeria (MAN) has thrown its weight behind the tax incentive initiative stating that it will help reduce production costs and encourage innovation in the country. The Director-General of MAN, Mr. Segun Ajayi-Kadir, stated this during…
The Chairman of Mushin Local Government Area, Hon. Emmanuel Bamigboye, has reiterated his commitment to providing quality healthcare services to residents, particularly mothers and children, as the council marked World Breastfeeding Week. The event, which was held at the Mushin…
By Seun Ibiyemi The Nigerian Maritime Administration and Safety Agency, NIMASA, and Chatham House London have agreed that the issue of Maritime Security in the Gulf of Guinea should be raised at the United Nations Security Council (UNSC) this month,…
…Council of State warns against insurrection, supports democratic process …Finance Minister presents update on economy, highlights progress under Tinubu By Matthew Denis Amidst the skyrocketed inflation and the just concluded nationwide Hunger Protests, the National Council of State, consisting of…
…Seeks diversification of revenue base to reduce dependence on federal allocation …RMAFC commends Lagos, seeks to replicate economic success in other states By Sodiq Adelakun Lagos State has achieved a significant milestone in Internally Generated Revenue (IGR), increasing it by…
Access Holdings Plc has extended the duration for the acceptance of subscription to its ongoing Rights Issue. The company was Initially set to close its rights issue on August 14, 2024, however, the period has now been extended to August 23,…
…Reps committee demands evidence of loan approval The House of Representatives Committee on Basic Examination Bodies has summoned the West African Examination Council (WAEC) to explain a N6 billion deficit reported for 2023 and a controversial N5 billion loan taken…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) has reintroduced the publication of several key economic reports, reaffirming its commitment to fostering transparency and accountability in the Nigerian economy. In a statement made available to NewsDirect, the Ag. Director,…
… Alleges diversion of N200m LP’s funds Babatunde Opoola, Abuja. The leadership of the the Nigeria Labour Party, LP, through the National Chairman Barrister Julius Abure, the National Secretary Alhaji Umar Farouk Ibrahim and other members of the National working…
By Esther Agbo Nigeria’s equities market continued its negative trend on Tuesday by 0.50 percent, representing about N279 billion loss as investors sold stocks like Nestle Nigeria and 28 others laggards on the Lagos Bourse. The All-Share Index (ASI) lost…
