Nigeria
Nigeria, Iraq agree to cut oil output
THE Organisation of Petroleum Exporting Countries (OPEC) on Saturday agreed to trim oil output by asking over-producing members Iraq and...
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9.2m SIM cards face deactivation
About 9.2 million telephone lines discovered to have been improperly registered are going to be deactivated by service providers in...
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Nigeria records N8.6tn merchandise trade in Q2 –NBS
Exports of various types of products dominated Nigeria’s trade structure as the country’s merchandise trade hits N8.6tn in the second...
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FG acquires portal for import duty exemption certificates
The Minister of Finance, Mrs Zainab Ahmed, says the Federal Government has acquired an automated customs gateway portal for the...
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DisCos Q1 revenue collection hits N116.9billion
THE 11 dictribution companies (DisCos) collected N116.9billion from customers out of the total bill of N182.8billion in the first quarter...
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Border closure: Customs acquire gunboats, comb waterways
The Nigeria Customs Service on Thursday inaugurated two seagoing gunboats to boost its anti-smuggling capacity on waters. This followed the...
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Atiku heads to S/Court as Buhari wins at tribunal
The Peoples Democratic Party (PDP) and its candidate Atiku Abubakar have resolved to challenge the judgment of the Presidential Election...
Read more‘Nigeria’ll abide by OPEC’s rules’
The Minister of State, Petroleum Resources, Chief Timipre Sylva, on Wednesday said the Federal Government will comply with the rules...
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FEC Approves N10.07tn 2020 Budget Proposal, Increases VAT to 7.2%
The Minister of Finance, Mrs. Zainab Ahmed, Wednesday said the Federal Executive Council (FEC) has approved N10.07 trillion as the...
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23,141 tax defaulters owe N254bn – FIRS
The Federal Inland Revenue Service says a total of 23,141 defaulters owe N254bn in tax liabilities. The service also said...
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FG to make decision on four oil projects – Buhari
The Federal Government is to deliver Final Investment Decisions on at least four key projects within the nation’s oil and...
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Onuoha: Our Target is 65 Million Customers by 2022
The Head, Business Development, Access Bank Plc, Mr. Chinedu Onuoha, in this interview, says the bank aims to grow its...
Read moreNigeria Customs Service records higher seizures of rice, petrol
Barely three weeks into the intensive joint border patrol, the Nigeria Customs Service (NCS) yesterday, declared that the joint border...
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FMDQ plans mortgages to boost market activities
FMDQ Securities Exchange Plc has revealed plans to introduces mortgages to boost trading in the nation’s capital market. The Chief...
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Oxfam: Three Richest Billionaires Hold 40% Africa’s Wealth
An Oxfam International report has revealed that the richest persons in Africa own 40 per cent of the wealth in...
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Trade uncertainty rising in Nigeria, says IMF
The International Monetary Fund has expressed concern over the rise in trade uncertainty in Nigeria and many other economies amid...
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UK Steps Up Support for Improved Electricity in Nigeria, Others
The United Kingdom has set up another funding window to improve electricity access to Nigerians and 14 other African countries,...
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Fuel subsidy unsustainable, says FSDH
The Chief Executive officer of FSDH Mer-chant Bank Limited, Hamda Ambah has said the government must provide palliative measures for...
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EFCC remands Galaxy boss for diverting $2.8m, N6.5b investors’ funds
Justice Muyiwa Idris of the Federal Capital Territory (FCT) High Court sitting in Nyanya has ordered the detention of the...
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Nollywood and Nigerian music: Redefining the industry through digital distribution
Over the last three years, the entertainment sector has evolved into a more important segment of the Nigerian economy, on...
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Nigerians’ evacuation begins Wednesday, South Africans insist foreigners must leave
There were fresh protests in eastern Johannesburg on Sunday, with the protesters demanding that “foreigners must go back to where...
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U.S. court rules in NNPC’s favour in $2.7b suit
The United States Southern District Court of New York has delivered a significant judgment in favour of the Nigerian National...
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Fresh Facts Emerge on AMCON, Shebah E&P Legal Tussle
Following recent media reports on an interim ex-parte order obtained by Asset Management Corporation of Nigeria (AMCON) to appoint a...
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CBN: Federally-collected Revenue Rises by 23% to N932bn
Nigeria’s federally collected revenue (gross) stood at N931.93 billion in July, representing a 22.6 per cent increase compared with the...
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Excess crude account depleted by N6.48tn in seven years
Between January 2012 and December 2018, the Federal Government withdrew a whopping sum of N6.48tn from the Excess Crude Account,...
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