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Busines

Home Busines Page 15
In four years, more than 60,000 bakeries have closed.
Posted inBusines

In four years, more than 60,000 bakeries have closed.

Engineer Onuorah Emmanuel, president of the Premium Breadmakers Association of Nigeria (PBAN), has expressed concern about the deteriorating economic circumstances that are severely harming the baking sector. He disclosed that…
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Posted by Taiwo Ayomide November 14, 2025
Nigeria’s Energy Transition Will Be Accelerated by 20 Gas Projects
Posted inBusines

Nigeria’s Energy Transition Will Be Accelerated by 20 Gas Projects

According to Dr. Ed Ubong, Director of the Decade of Gas Secretariat, investments are being made in high-priority gas projects that have the potential to release around 4.6 billion cubic…
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Posted by Taiwo Ayomide November 13, 2025
Accountants in the aviation sector are held accountable and responsible.
Posted inBusines

Accountants in the aviation sector are held accountable and responsible.

Mr. Ayodele Samuel Olatiregun, Chairman of the Institute of Chartered Accountants of Nigeria (ICAN) Aviation Chapter, has joined professionals worldwide in commemorating International Accounting Day in 2025. He hailed accountants…
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Posted by Taiwo Ayomide November 13, 2025
Nigeria Complies with the Cape Town Pact 75% of the Time
Posted inBusines

Nigeria Complies with the Cape Town Pact 75% of the Time

Nigeria has so far attained 75% compliance with the Cape Town Convention (CTC) regarding aircraft financing and dry leasing, according to Festus Keyamo, Minister of Aviation and Aerospace Development. Keyamo…
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Posted by Taiwo Ayomide November 13, 2025
Representatives Investigate N12 Trillion in Funding from Development Finance Institutions
Posted inBusines

Representatives Investigate N12 Trillion in Funding from Development Finance Institutions

An ad hoc committee was established by the House of Representatives on Wednesday to look at the funding, performance, and operations of Development Finance Institutions (DFIs) in Nigeria during the…
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Posted by Taiwo Ayomide November 13, 2025
FAAN: Unruly Passengers’ Incidents Put Aviation Safety at Risk
Posted inBusines

FAAN: Unruly Passengers’ Incidents Put Aviation Safety at Risk

According to Mrs. Olubunmi Kuku, Managing Director of the Federal Airports Authority of Nigeria (FAAN), incidents involving disruptive passengers, staff disputes, stakeholder tensions, and non-compliance with safety procedures pose a…
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Posted by Taiwo Ayomide November 13, 2025
Experts Want N1 Trillion in Share Capital to Reform NEXIM Bank
Posted inBusines

Experts Want N1 Trillion in Share Capital to Reform NEXIM Bank

In order to improve its ability to meet the nation's export finance needs and bolster economic growth, stakeholders in Nigeria's banking and financial sector have demanded that the Nigerian Export-Import…
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Posted by Taiwo Ayomide November 13, 2025
The head of FRC resigns as chair of the UN experts’ group on ISAR
Posted inBusines

The head of FRC resigns as chair of the UN experts’ group on ISAR

On Wednesday, November 12, 2025, Dr. Rabiu Olowo, the Executive Secretary/CEO of the Financial Reporting Council of Nigeria (FRC), officially ended his term as Chair of the 41st Session of…
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Posted by Taiwo Ayomide November 13, 2025
Explainer: An Overview of the Contentious New Petroleum Agency
Posted inBusines

Explainer: An Overview of the Contentious New Petroleum Agency

As the influence of the Nigerian National Petroleum Limited (NNPCL) diminishes, the Petroleum Industry Act (PIA) 2021 revision has sparked speculation over who will become the new dominating agency. In…
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Posted by Taiwo Ayomide November 13, 2025
Senate Committee: Capital Gain Tax Terrifies Investors
Posted inBusines

Senate Committee: Capital Gain Tax Terrifies Investors

Speaking on Wednesday at the "Moneyline with Nancy Investment Forum 2025," which was organized by broadcaster and financial analyst Nancy Nnaji and had as its theme "Nigeria's New Financial Landscape:…
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Posted by Taiwo Ayomide November 13, 2025

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