Economy

SON destroys over 6000 expired, substandard tyres

The Standards Organisation of Nigeria (SON), on Thursday, destroyed over 6,000 expired and substandard imported tyres confiscated in Port Harcourt, Rivers. Supervising the destruction in Enugu, Mr Obinna Manafa, the Director, Inspectorate and Compliance Directorate of SON, said that the…

MPC: Expert urges CBN to curb inflation rates

As Central Bank of Nigeria (CBN) opens its Monetary Policy Committee (MPC) meeting on Monday, a financial expert, Mr Okechukwu Unegbu, has advised the committee to address rising inflationary rates. Unegbu, who gave the advice in an interview with the…

Flour Mills moves to diversify funding sources

Flour Mills of Nigeria (FMN) Plc on Thursday expressed commitment to explore diversified funding sources from the Nigerian capital market for enhanced growth and development. FMN Group Managing Director, Mr Omoboyede Olusanya, said this at the listing of the Tranche…

FIRS rakes N4.9trn in 2020 – Official

The Federal Inland Revenue Service (FIRS) says it collected N4,952,243,711,728.37 as tax revenue in the 2020 fiscal year. Mr Abdullahi Ahmad, Director of Communications and Liaison of the service made this known in a statement in Abuja on Tuesday. Ahmad…