Good morning, here are the latest top business news headlines for today Tuesday, September 2021.
Ministry To Examine Impact Of PIA On Issuance Of Oil Export Permit
The Ministry of Industry, Trade and Investment has set up a technical committee to examine the impact of the Petroluem Industry Act (PIA) on issuance of the oil and gas export permits.
A statement issued by the ministry said the Minister of Industry, Trade and…Read more
Nigeria’s Import Exceeded Export By N1.8tn in Q2
Nigeria’s trade import exceeded its export in the second quarter of this year by N1.8 trillion, according to the latest trade report from the National Bureau of Statistics (NBS) said.
The country exported goods worth N5.08 trillion or 42 percent while the…Read more
NCC Plans To Fine Telcos N200,000 Per Line Over Failure To Verify NIN
The Nigerian Communications Commission (NCC) is planning on imposing a N200,000 fine for telecommunications companies that do not verify and validate biometric, National Identity Number (NIN) and other personal information of subscribers.
This was disclosed by the NCC on its website, in a proposed draft regulation on…Read more
Antoreum Guarantees High Return On Investment
Antoreum is one of the leaders in the investment and capital management in the international financial services market.
Many years of experience and in-house developments have allowed the company to…Read more
NNPC: No One Will Take Losses From Us Again – Kyari To Staff
As the Nigerian National Petroleum Corporation (NNPC) continues to receive commendation over its N287 billion profit in 2020, the Group Managing Director Malam Mele Kyari, started the week by charging the staff to work hard to sustain the profitability trend as Nigerians will no longer condone losses from the Corporation.
Kyari at a Townhall meeting which held at the NNPC Towers, Abuja, with…Read more
Bottlenecks At Border Making Intra-Africa Trade Difficult, Says Dangote
The President of the Dangote Group, Mr. Aliko Dangote, says barriers at the nation’s border are making movement of goods to other African countries for trade burdensome.
According to him, most countries prefer to ship their goods from…Read more
Continued Payment Of Petrol Subsidy Will Not Encourage Investors – Rewane
An Economist and Managing Director, Financial Derivatives Company (FDC) Limited, Bismarck Rewane, has predicted that the continued payment of petrol subsidy by the federal government will not encourage investors in the downstream oil and gas sector.
He stated that despite the Petroleum Industry Act (PIA), investors are more likely to…Read more
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