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Companies Pay N1.25tn Tax Amid Energy Crises, Forex – NBS

Companies Pay N1.25tn Tax Amid Energy Crises, Forex - NBS The National Bureau of Statistics recent data has revealed that Nigerian firms paid N1.25tn tax to the Federal Government in the first six months of 2022 despite facing acute foreign exchange and energy challenges. According to...

Insurance Sector Records 17.28% Growth In Q2, 2022

Insurance Sector Records 17.28% Growth In Q2, 2022   The insurance sector grew by 17.28 per cent in the second quarter of 2022, according to figures obtained from the National Bureau of Statics’ Gross Domestic Product report for the period. The NBS stated in the report that,...

Inflation Looms As Manufactured Goods Drop By 36% To N2.87trn

Inflation Looms As Manufactured Goods Drop By 36% To N2.87trn   The value of manufactured goods traded tumbled by 36 per cent from N4.51tn in the second quarter of 2021 to N2.87tn in the corresponding period of 2022. This is according to the foreign trade report by...

SB4kids : NITDA Trains 859 Kids on Emerging Technologies By Abbas Badmus

SB4kids : NITDA Trains 859 Kids on Emerging Technologies By Abbas Badmus The National Information Technology Development Agency (NITDA) has trained 859 kids on Coding in Abuja, Lagos and Kano States. NITDA at the end of the training urged the kids to develop indigenous Coding languages, and...

CBN Seeks to Boost the Operations of Indigenous Oil Refiners

CBN Seeks to Boost the Operations of indigenous oil refiners CORAN, the umbrella body of indigenous crude oil refiners in Nigeria, has urged the Central Bank of Nigeria (CBN) to establish crude refinery intervention funds, similar to the Agricultural Credit Fund and Pharmaceutical Fund, which...

FEC Okays N829m To Rehabilitate Anambra-Enugu Link Road

FEC Okays N829m To Rehabilitate Anambra-Enugu Link Road   The Federal Executive Council (FEC) on Wednesday in Abuja approved the sum of N829.8 million as revised estimated cost for the rehabilitation of a road linking Anambra and Enugu States. Contract for the rehabilitation of the road was...