play_arrow
Boss98.9 FM Radio for the Boss Mind
play_arrow
Incase you missed it Catch up here
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the Federal Government is set to implement a new tariff hike on data and calls. This was disclosed in a statement signed by the minister’s Special Adviser,on Media & Communications, Yunusa Abdullahi, in Abuja. According to the statement, this will start with the implementation of a percent excise duty tax on all voice calls, SMS, and data services.
Nigeria’s crude oil production plunged by 2.3 million barrels in July 2022 when compared to what the country produced in the preceding month of June. This is according to data obtained from the Organization of Petroleum Exporting Countries, OPEC, on Thursday. In its latest Monthly Oil Market Report for August 2022, OPEC revealed that crude oil production figures based on direct communication indicated that Nigeria’s output dropped by an average […]
The amount paid for electricity bill in some parts of Imo state has increased. In an interview with Boss Radio Business News, a business man, Uchenna Frank, says the bill has increased tremendously. Also speaking, a civil servant, Nnamdi Micah, says despite the increase power is not constant.
The exchange rate between the naira and the US dollar closed at N428.75/$1 at the Investors and Exporters window. Naira appreciated by 0.52% on Tuesday, close trading at N428.75/$1 from N431/$1 recorded in the previous trading session. At the peer-to-peer market, Naira fell to N681.84/$1 on Wednesday morning from N670.4/$1 recorded as of the same time on Tuesday, representing a 1.71% decline.
Nigeria spent $2.35billion on Telephone importation in three years. This is according to data obtained from the International Trade Centre, ITC. According to ITC, the Nation spent $807.95million on importation of phone sets in 2019, $765.57million in 2020 and $772.25millio in 2021.
The prices of food have continued to soar in the popular Eke Onuwa market in Imo state, as the prices of tomatoes and pepper increases. In an interview with Boss Radio Business News, Chinyere Osuji, speaks on the increase in price of tomatoes and pepper. Ngozi Ikechukwu says the price has decreased. Njideka Okechuwu adds that the prices of commodities fluctuate.
Some fruits sellers in Imo state have revealed some factors affecting their fruit business. Speaking to Boss Radio Business News, Oji Chidiebube, says the price of fruits have increased tremendously. Another fruit seller, Munachi Chidiebere who spoke in vernacular, outlines other factors that affect her business. Joy Onwuogwugwu adds that cost of transportation is high.
Imo State Master Bakers Association has announced another hike in prices of bread due to the skyrocketing cost of baking materials. In an interview with Boss Radio News, Chairman of the Association, Osmond Nkeoma, speaks on the reasons for the hike in price. Nkeoma stresses that the association responded based on the inflation of goods and services. The Chairman adds that the hike will enable them remain in business.
The Federal Government has projected that debt servicing will cost N10.43trillion by 2025. According to the 2023-2035 Medium Term Expenditure Framework & Fiscal Strategy Paper, this represents 182.66 per cent increase from the N3.69trillion budgeted for debt service in 2022.
