Business

The cost of production of Garri has recorded an increase in recent time. In an interview with Boss Radio Business News, Duru Onyebuchi, a producer says the cost of production has increased as a result of the increase in price of fuel. Onyebuchi adds that the price of cassava is N4000 to N5000 per barrow.

The Federal Operations Unit Zone A of the Nigeria Customs Service has said it intercepted 34,725 liters of Petroleum Motor Spirit, 7,261 bags of 50kg foreign parboiled rice equivalent to 12 trucks load and other contrabands worth over N537million in July. Addressing newsmen at the Unit in Ikeja, Lahos State on the acting Customs Area Controller in charge of the Unit, Hussein Ejibunu said that the Unit also intercepted 201 […]

The Federal government has secured a $1.5 billion loan facility from a United States Bank to deliver Solar Power infrastructure in 10 different locations nationwide. President Muhammadu Buhari, while receiving the delegation of the Company at the Presidential Villa, on Thursday in Abuja noted that Nigeria’s drive to integrate solar power into the country’s energy supply would increase access to electricity in both underserved and unserved communities.

Imo State government is set to commence data capturing for Point of Sale Operators, POS agents in the state. Reacting to this, a POS Agent, Chima Bright says the government should regulate the mode of the operation of agents. For Joy Emeka, a POS attendant the verification is a welcome development.

Some farmers in Owerri have called on the government to encourage local manufacturers in Nigeria. Speaking with Boss radio correspondent, Agamezu Goodness says the government should make provisions for funds and machines. Also speaking Uchenna Iwuanyawu says government should assist farmers with lands for agricultural products. Meanwhile Obinero uche has this to say.

Following the hike in the price of Kerosene, some Nigerians have lamented on the effect on their daily cooking. In an interview with Boss Radio News, the Manager of a fuel Station, David Uguoze speakes on the cause of the hike. Also speaking, a User of the Product, Johnson Nnabugo expresses disappointment over the current Price. For Raphael Nwachukwu, cooking has been difficult and called on the government to assuage […]

The Federal Government has said it paid an interest of N405.93billion from January 2022 to April 2022 on the loans it got from the Central Bank of Nigeria through the Ways and Means Advances. This is according to data obtained from the government’s Medium-Term Expenditure Framework and Fiscal Strategy Paper 2023-2025.

Small Scale Business Owners in Imo State have lamented the effect of the rising insecurity on their businesses. Speaking with Boss Radio news, a Builder, Ikedinma Ozoemanam calls on the State government to collaborate with Security Agencies and Traditional Rulers to curb insecurity. For a Local Food Vendor, Nkechi Chikere, the issue of insecurity has not affected her business. Meanwhile, a Point Of Sale Operator, Ekeoma Veronica urges the government […]

The Nigerian National Petroleum Company Limited remitted a total of N2.7bn into its accounts with the Central Bank of Nigeria from January to June this year. According to a document issued by NNPC, out of the $2.7bn the oil firm remitted into its CBN accounts, $645m was for dividend paid by the Nigerian Liquefied Natural Gas company Limited. It added that $1.786bn was from the operational activities of the national […]