1. Tinubu tax panel asks states to suspend low-revenue taxes
The Presidential Committee on Fiscal Policy and Tax Reforms says it is meeting with state governors in order to reach an agreement for states to suspend some low-revenue taxes… Read more
Source: https://punchng.com/tinubu-tax-panel-asks-states-to-suspend-low-revenue-taxes/
2. Lagos rents soar by 91% in five years
Rents in Lagos have surged by 91.32 percent over the past five years, posing a challenge to residents seeking affordable housing, The PUNCH’s findings have revealed… Read more
Source: https://punchng.com/lagos-rents-soar-by-91-in-five-years/
3. Dangote refineries plan supply to 150,000 IPMAN stations
The Dangote Petroleum Refinery is to supply fuel to about 150,000 retail outlets operated by the Independent Petroleum Marketers Association of Nigeria following a meeting between the management of the refinery and executives of IPMAN… Read more
Source: https://punchng.com/dangote-refineries-plans-supply-to150000-ipman-stations/
4. Housing minister decries FHA, FMBN poor performance
The Minister of Housing and Urban Development, Ahmed Dangiwa, has scored the Federal Housing Authority and Federal Mortgage Bank of Nigeria low in their performance… Read more
Source: https://punchng.com/housing-minister-decries-fha-fmbn-poor-performance/
5. Firm woos youths to real estate marketing
A real estate marketing group, Peak Performer Business Network, has urged youths to adopt real estate marketing as a means to overcome financial challenges… Read more
Source: https://punchng.com/firm-woos-youths-to-real-estate-marketing/
6. Telcos spending on diesel rises by 35%, hits N429bn
The cost of powering Nigeria’s communications network rose by 34.57 per cent to N429.43bn in 2023 as diesel prices soared… Read more
Source: https://punchng.com/telcos-spending-on-diesel-rises-by-35-hits-n429bn/
7. UBA wins multiple awards
Africa’s Global Bank, United Bank for Africa Plc says it has continued to elevate its global standing, coveting several prestigious international awards, signaling the Bank’s continuous contributions to the economic development of Africa… Read more
Source: https://punchng.com/uba-wins-multiple-awards/
8. CBN still short of forex to clear backlog- Fitch
Fitch, one of the leading global credit rating agencies, has said that the Central Bank of Nigeria (CBN) still lacks sufficient foreign exchange (forex) to clear the backlog of demand in the country… Read more
Source: https://www.vanguardngr.com/2024/01/cbn-still-short-of-forex-to-clear-backlog-fitch/amp/
9. Trexm explores more prospects in energy
Trexm Oil and Gas Services Nigeria Limited says it is exploring other business opportunities in the energy sector… Read more
Source: https://punchng.com/trexm-explores-more-prospects-in-energy/
10. Heirs Energies’ oil production hits 40,000bpd in three years
Heirs Energies, Africa’s indigenous-owned integrated energy company, has boosted its daily oil production to 40,000 barrels per day from 27,000 bpd in 2021… Read more
Source: https://punchng.com/heirs-energies-oil-production-hits-40000bpd-in-three-years/
