Subsidy removal: Coys’ distribution cost jumps to N155bn in Q2’23
The distribution cost for leading consumer goods companies quoted on the Nigerian Exchange Limited (NGX) rose to N166.43 billion in the second quarter ended June 30, 2023, on the back of fuel subsidy removal and rising energy cost.
Military Court fixes date for judgment in multi-billion naira case against General
The Nigerian Army Special Court Martial sitting in Abuja, has fixed Oct. 10 for judgment in a case of stealing, forgery, misappropriation and conspiracy brought against a Major General.
Naira loses, exchanges at N756.21 to the dollar at investors, exporters window
The naira on Wednesday depreciated against the dollar as it exchanged at N756.21 at the Investors and Exporters window.
Reps to investigate indiscriminate issuance of certificate by BPP
The House of Representatives has resolved to investigate an alleged indiscriminate issuance of Certificate of No Objection by the Bureau of Public Procurement (BPP).
FG to make Ajaokuta free trade zone to attract FDI
The Minister of Steel Development, Prince Shuaibu Abubakar-Audu has revealed the Federal Government plan to make the Ajaokuta environ a Free Trade Zone to attract Foreign Direct Investment (FDI) and to diversify the economy of the country.
UCL: Milan, Dortmund settle for stalemate
AC Milan were held to a second successive goalless draw in the Champions League at Borussia Dortmund on Wednesday to slip to third in Group F.
