Dealers Ignore BUA Price Review, Sell Cement for N5,000   Many cement marketers and dealers across the country are yet to comply with the directive of BUA Group slashing the price of its cement, Economic Confidential gathered. The company recently announced a...

Cooking Gas Price Rises By 17%   The price of Liquefied Petroleum Gas (LPG) otherwise known as cooking gas, has risen by 17 per cent in October 2023 as the 12.5kg now sells at N10,250 from N8,500 recorded in August 2023. This...

Lagos Govt Targets $2.5bn Revenue From Non-oil Exports   Lagos State government is seeking increase in the nation’s revenue from non-oil exports put at $2.5 billion between January and June, this year. To this end, the government in January inaugurated an export...

Only 40m Out of 200m Nigerians Pay Tax – RMAFC   Chairman, Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), Mohammed Bello Shehu, has revealed that only 40 million out of over 200 million Nigerians currently pay taxes to the nation’s coffers. Speaking with...

Investors Gain N213bn As Equity Market Rebounds   The Nigerian Exchange Limited (NGX) on Tuesday halted seven days of bearish trading to close the market with a gain of N213bn for investors. Both the All-Share Index and the Market capitalisation rose by...

Reps To Probe N15.5trn Pension Assets   The House of Representatives is set to investigate the status of N15.5 trillion pension assets being regulated by the National Pension Commission (PenCom). It will also probe the status of the N10trn loaned to the...