Economic Confidential

NNPC Boss, Tajbank Management meet on Collaborative Efforts

NNPC Boss, Tajbank Management meet on Collaborative Efforts Founder/Chief Operating Officer, TAJBank Limited, Mr. Hamid Joda; Nigerian National Petroleum Corporation (NNPC) Group Managing Director, Mr. Mele Kyari; and TAJBank Co-Founder/Chief Marketing Officer, Mr. Sherif Idi; when the bank’s management team...

Excitement as NDPHC’s Lafia transmission substation ready for commissioning

Excitement as NDPHC’s Lafia transmission substation ready for commissioning Residents of Nasarawa State are in a state of suppressed excitement with the commissioning of 330/132/3kV, 2x150MVA and 2x60MVA transmission sub-station constructed in Lafia just weeks away. It will be the first time...

Dangote Cement, MTN Cough out Highest Income Tax to Nigeria in 2020

Dangote Cement, MTN Cough out Highest Income Tax to Nigeria in 2020 Dangote Cement Plc has emerged as the highest corporate income taxpayer and biggest employer of labour in the country for the year 2020. The foremost indigenous cement manufacturer came...

98 Companies Post  N6.1trn Turnover Despite Covid-19

98 Companies Post  N6.1trn Turnover Despite Covid-19 The 98 leading companies on the Nigerian Exchange Limited, NGX have recorded combined turnover of N6.1trillion in the first half of 2021. The companies’ H1’21  combined turnover  was 17.57 per cent more than the...

Forex crisis: MAN, Others Lament Looming Massive job losses

Forex crisis: MAN, Others Lament Looming Massive job losses Stakeholders including the Manufacturers Association of Nigeria and the Association of Small Business Owners on Sunday lamented the worsening scarcity of forex in the country, saying they were already cutting costs...

LNG cost affecting oil price

LNG cost affecting oil price The rising cost of Liquefied Natural Gas (LNG) is raising the bar on the cost of crude oil. Consequently, experts in the sector are predicting that this trend may increase global demand for oil in...
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