Tag Archives: Business Gist

The proposed increase in the rate of value-added tax from the present 5% to 7.5% has been signed into law. President Muhammadu Buhari signed the 2019 finance bill into law in Abuja on Monday. The bill was submitted to the ...

To understand what has been going on in the Steel industry wickedness (Not Politics) by many semi puppet president Nigeria has had in the past, one must read over 40 years timeline of Sabotage and how each president and her ...

Binance listed the 1st ever fiat trading pair, and it’s not the US dollar. Beginning today, Nigerian users will have a way to get Bitcoin, Binance Coin (BNB), and Binance’s stablecoin BUSD with Naira. Buy Bitcoins In Nigeria Blog Reports ...

The Federal Government has said that it would no longer commit funds into the Ajaokuta Steel with a view to remaining two percent of Phase 1 that could enable the taking-off of operation in the complex. This was as the ...

Ajaokuta Needs Rail Line, Seaport To Thrive, Says Russia   A rail line and a functional sea port would be needed for Ajaokuta Steel Complex to thrive whenever it starts production, an on-the-spot assessment of the steel mill has shown. ...

We have been witnessing improved sales and high influx of customers in our store since Shoprite was shut down in Akure due to the protest by some youths. Some Supermarkets and stores in Akure, Ondo State, are now profiting heavily ...

LAPO Microfinance Financial institution, has stated that it disbursed as much as N14.1billion loans per 30 days to prospects throughout the nation as a part of efforts to handle the incidences of poverty,

The Authority of ECOWAS Heads of State and Government on Saturday adopted ECO as the name of the single currency to be issued in January 2020. ECOWAS is made up of 15-member countries. They are Benin, Burkina Faso, Cape Verde, ...

Over a year after the popular Ponzi scheme, Mavrodi Mundial Moneybox (MMM) crashed in Nigeria dashing the hope of over three million Nigerians, the scheme is back The scheme is now labeled MMM cooperation and it promises up to 50 percent return on any ...