Business news on vanguard newspaper

Here are some recent business news articles from Vanguard Newspaper:

1. "FG to Revamp Ajaokuta Steel Company" (February 2023)

The Federal Government has announced plans to revamp the Ajaokuta Steel Company, a major steel production facility in Nigeria. The company has been idle for several years due to lack of funding and maintenance.

2. "Nigeria's Inflation Rate Rises to 15.6% in January" (February 2023)

The National Bureau of Statistics (NBS) has reported that Nigeria's inflation rate rose to 15.6% in January 2023, up from 15.1% in December 2022. The increase was attributed to rising food prices and a weak naira.

3. "Dangote Cement to Invest $1.5bn in New Plant" (January 2023)

Dangote Cement, Nigeria's largest cement producer, has announced plans to invest $1.5 billion in a new cement plant in the country. The plant is expected to increase the company's production capacity and reduce reliance on imports.

4. "Nigeria's Economy Grows by 2.27% in Q4 2022" (January 2023)

The National Bureau of Statistics (NBS) has reported that Nigeria's economy grew by 2.27% in the fourth quarter of 2022, driven by growth in the services and agriculture sectors.

5. "FG to Establish New Free Trade Zones" (December 2022)

The Federal Government has announced plans to establish new free trade zones in Nigeria to attract foreign investment and boost economic growth. The zones will be located in various parts of the country, including Lagos, Abuja, and Kano.

6. "Nigeria's Stock Market Rises by 1.14% in December" (December 2022)

The Nigerian Stock Exchange (NSE) has reported that the country's stock market rose by 1.14% in December 2022, driven by gains in the banking and consumer goods sectors.

7. "FG to Implement New Tax Policy" (November 2022)

The Federal Government has announced plans to implement a new tax policy aimed at increasing revenue and reducing tax evasion. The policy will introduce new tax rates and brackets, as well as stricter enforcement measures.

8. "Nigeria's Inflation Rate Rises to 15.1% in November" (November 2022)

The National Bureau of Statistics (NBS) has reported that Nigeria's inflation rate rose to 15.1% in November 2022, up from 14.9% in October 2022. The increase was attributed to rising food prices and a weak naira.

9. "FG to Invest $1bn in Power Sector" (October 2022)

The Federal Government has announced plans to invest $1 billion in the power sector to improve electricity generation and distribution in Nigeria. The investment will be used to build new power plants and upgrade existing infrastructure.

10. "Nigeria's Economy Grows by 2.11% in Q3 2022" (October 2022)

The National Bureau of Statistics (NBS) has reported that Nigeria's economy grew by 2.11% in the third quarter of 2022, driven by growth in the services and agriculture sectors.

Please note that these articles are subject to change and may not reflect the current situation.