Nigeria
Commission delists over 40,000 dormant registered companies for non-performance.
For non-performance, over 40,000 names of registered companies have been delisted from the nation’s registration records in the last two...
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ISPs struggle for patronage
Within the last one year, Internet Service Providers (ISPs), in the country have been able to add about 14, 247...
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Dangote Laments Low Manufacturing Sector’s Contribution to GDP
The President of the Dangote Group, Alhaji Aliko Dangote, has flayed the paltry contributions of the manufacturing sector to the...
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Army to demand identity cards from Nigerians
Nigerians will henceforth be requested to carry identification cards to prove their identity to the military as the Nigerian Army...
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Buhari exempts firms with N25m turnover from VAT
Firms making a turnover of N25 million and below will be exempted from payment of the Value Added Tax (VAT),...
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NNPC to publish petroleum products’ supplies
The Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari, on Tuesday said the oil firm was set...
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NSE to Launch Growth Board for SMEs Funding
Small and medium enterprises (SMEs) finding it difficult to access funding will soon heave a sigh of relief as the...
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Investors lose N421bn in six trading days
Equity investors lost a total of N421bn in six trading days as the market capitalisation dropped to N13.051tn on Tuesday...
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Prolonged low rates pose $19tr default risk globally, says IMF
The International Monetary Fund (IMF), has warned that while low rates are desirable for growth, prolonged periods of low rates,...
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Stakeholders raise concern over poor metering for crude in Nigeria
The Nigeria Extractive Industries Transparency Initiative (NEITI), and other stakeholders in the oil and gas sector, yesterday, in Abuja, insisted...
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DMO offers multiple bonds at 12% interest rate
As part of capital raising for the 2019 Budget, the Debt Management Office (DMO) is offering two and three years...
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Agusto & Co is set to hold a Country Risk Session
Agusto & Co is set to hold a Country Risk Session on the 24th of October 2019 in Ikoyi Lagos...
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Customs continue raid, shut 272 car marts
The crackdown by the personnel of the Nigeria Customs Service on car marts suspected to harbour smuggled vehicles has continued...
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Food prices rise by 65% on border closure
NIGERIANS are now feeling the pains arising from the border closure as the prices of staple foods such as rice,...
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VAT collection still at 0.2% – FG
The Minister of Finance, Budget and National Planning, Mrs. Zainab S. Ahmed has said the collection of the value added...
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More retirees opting for annuity plan as insurance gets N371b premium
The insurance industry has received N371.21 billion premium on life annuity for retirees from the pension industry since inception of...
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NEITI: N28.58tn Remitted to Federation Account in Five Years
The Nigeria Extractive Industries Transparency Initiative (NEITI) yesterday put the total amount remitted to the Federation Account between 2012 and...
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‘Africans in Diaspora remit $40b yearly’
There are over 32 million Africans in the Diaspora, accounting for $40 billion remittances yearly, and savings of about $53...
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Stop debtors from contesting elections, judge urges AMCON
Now that the Asset Management Corporation of Nigeria (Amendment) Act 2019 has been signed into law by President Muhammadu Buhari,...
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NIPOST Raids Three Illegal Courier Operators in Lagos
The Nigerian Postal Service (NIPOST), through its Courier Regulatory Department (CRD), recently clamped down on three courier operators in Lagos,...
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Nigeria to earn $6.35bn in taxes, royalties – NNPC
The Nigerian National Petroleum Corporation on Sunday announced that it had secured the closure of $875.75m alternative financing deal for...
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Non-passage of PIB, regulations drag about $100b oil projects
With drawbacks in the passage of the Petroleum Industry Bill (PIB), as well as various unfavourable fiscal and regulatory frameworks,...
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FMBN needs N500b to achieve affordable housing
THE Federal Mortgage Bank of Nigeria (FMBN) has urged the Federal Government to look into the need to recapitalise the...
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CBN restricts forex for importation of cassava products
The Central Bank of Nigeria has said it will no longer provide foreign exchange for the importation of cassava, starch,...
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