Thursday, January 23, 2025

Business

The World’s Top 10 Rapidly Expanding Film Industries

By the end of 2023, movie theaters around the world made about $33.9 billion . This...

FG Alleges Chinese Firm’s Attempt to Seize Nigeria’s Presidential Jets and Other Offshore Assets in France

The Federal Government is worried because a Chinese company, Zhongshan Fucheng Industrial Investment Co. Limited, wants to take Nigeria’s presidential jets and other assets. They have taken this issue to a court in Paris, France. Bayo Onanuga, who advises Nigeria’s...

Aliko Dangote’s Wealth Declines by $1.2 Billion in 2024

Aliko Dangote, a big businessman who created a $20 billion refinery in Nigeria, has lost over $1 billion this year. This happened because Nigeria’s money, called the naira, lost a lot of...

Customs Outlines Requirements for Companies Interested in Duty-Free Food Imports

The Nigeria Customs Service (NCS) has shared important details for companies that want to bring in food without paying taxes, as allowed by the government. This news was shared by Abdullahi Maiwada, the spokesperson for the...

NASS Suggests N25 Million Penalty for Unlicensed Insurance Operators in Nigeria

The National Assembly of Nigeria wants to introduce a new rule: if someone runs an insurance business without a license, they will have to pay a huge fine of N25 million. This idea is part of...

Top 10 Rapidly Expanding Movie Industries Worldwide

Rising Box Office and Growing Film Industries By the end of 2023, the world earned about $33.9 billion from movies, which is 30.5% more than last year. But this...

Report: Inflation Causes 17.4% Decline in Nigeria’s FMCG Transaction Volume for 2024

In a recent report, NielsenIQ said that Nigeria's Fast-Moving Consumer Goods (FMCG) market saw a 17.4% drop in the number of transactions this year. Nigerians are struggling with high prices.In March 2024, the study showed transactions fell more compared...

Nigerian Senators Receive N1 Million Monthly Salary Including Entertainment and Constituency Allowances – Revenue Commission

The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) said that each Nigerian Senator gets a monthly salary and allowances totalling N1,063,860. This amount covers various needs like entertainment and money for their community.The Chairman of the Commission, M. B....

Tinubu Set to Leave Abuja for Equatorial Guinea on Wednesday for Investment and Security Discussions

President Bola Tinubu is going to leave the presidential home in Abuja and travel to Malabo, Equatorial Guinea. He will be there for three days because President Teodoro Obiang Nguema Mbasogo invited him. This...

Cross River Commences Construction on N4 Billion Entertainment Centre Project

The Cross River State Government has started building a new fun center at Tortugal Island, Marina Resort, Calabar. This will cost about N4 billion. They want to make more people visit their state and make more money from tourism.Ojoi...

Latest News

2027: Atiku, Ganduje, Kwankwaso, Utomi and others to exchange ideas on a credible electoral process

A two-day national conference will be held in Abuja next week to promote the sanctity of the vote and...