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Category: Business

Business, Economy

Nigeria Earned N496bn From Vat in 3 Months – – NBS 

By Francis Arinze Iloani The federal government’s Value Added Tax (VAT) collections rose to N496.39 billion in the first quarter of 2021 from the N454.69bn realised in the fourth quarter of 2020, according to the National Bureau of Statistics (NBS). The sectoral distribution of VAT…

Business

British Airways-owner IAG Q1 loss narrows to $1.29B 

BY AGENCIES International Consolidated Airlines Group (IAG), owner of British Airways and other European airlines, reported on Friday a first-quarter loss after tax at 1.07 billion euros ($1.29 billion), narrower than last year’s loss of 1.68 billion euros. As the COVID-19 pandemic continues to restrict…

Business

What’s on your plate asks HOMEF 

Resolutions from the Stakeholders’ Conference on the State of Biosafety in Nigeria There is increased push for the adoption of risky technologies such as genetic engineering especially in crop and animal breeding. This has heightened biosafety risks in many countries including Nigeria. With these risks…

Business, Economy

Nigeria: Deepening Backward Integration in Sugar Sector 

Obinna Chima who this week visited the Lafiagi Sugar Company, a subsidiary of the BUA Group, highlights efforts the company is taking to support the Federal government’s National Sugar Master Plan, boost job creation and support economic diversification Nigeria’s National Sugar Master Plan (NSMP) was…

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