FIRS says govt must build trust to elicit tax payment
The Federal Inland Revenue Service (FIRS) has urged all tiers of government to spend public funds judiciously to build trust and encourage citizens to pay […]
BUSINESS
Newly redesigned Naira now in banks, ready for issuance – Emefiele
The Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, says the newly redesigned Naira notes are already in banks and ready for […]
Art of Technology: Lagos attracts $1bn in data centre investment
The Lagos State Deputy Governor, Dr Obafemi Hamzat, says the state has attracted over one billion dollars in Data Centre Investment in the past one […]
NNPC disburses N15bn for Lagos-Badagry Expressway reconstruction
The Nigerian National Petroleum Company Limited (NNPC Ltd.) has disbursed N15 billion for the reconstruction of the Lagos Badagry Expressway under the Federal Government Road […]
Emefiele to National Assembly: No reversal on CBN withdrawal limits
The Governor of Central Bank of Nigeria (CBN), Godwin Emefiele has disclosed that the new naira notes have already been disbursed to the various commercial […]
CBN cash withdrawal limits will constrain business transactions – ACCI
By JOY ADARA, Abuja – The Abuja Chamber of Commerce and Industry (ACCI) has reacted to the new policy on cash withdrawal limits announced by […]
FCT loses N500m revenue to illegal masts, towers
The Federal Capital Territory Administration (FCTA), Department of Outdoor Advertisement and Signage (DOAS) says it has lost about N500 million revenue to masts erected without […]
11 companies jostle for Ajaokuta Steel Company as FG pays $496m judgement settlement
The Minister of Mines and Steel Development, Mr Olamilekan Adegbite, says 11 companies are presently involved in the concession bid for Ajaokuta Steel Company. Adegbite […]
Nigeria leads as Africa champions global tax cooperation at UN
A news analysis by CECILIA OLOGUNAGBA, News Agency of Nigeria (NAN) On Nov. 23, 2022, the UN General Assembly adopted a resolution on the “Promotion […]
Airtel, Standard Network Ltd express interest for 3.5GHz spectrum – NCC
By CALLISTUS OFFOR, Abuja – The Nigerian Communications Commission (NCC) has said only two companies expressed interest in the auction of the 3.5GHz spectrum. The […]
Elon Musk in danger of losing title as World’s Richest Person to LVMH’s Arnault – Forbes
Twitter owner and Tesla CEO, Elon Musk briefly lost his title as the world’s richest person on Wednesday, to Bernard Arnault, the chief executive of […]
MTN named the most compliant listed company on the NGX
By OLA MUDOPE, Lagos – MTN Nigeria Communications Plc has been named the Most Compliant Listed Company at the Nigerian Exchange Limited (NGX) Made of […]
Fuel Scarcity: Give us petrol at official ex-depot price, lPMAN tasks NNPC
Ejigbo Satellite Depot of the Independent Petroleum Marketers Association of Nigeria (IPMAN) has urged the Nigerian National Petroleum Company Ltd. (NNPCL) to give same window […]
Naira redesign: CBN revises cash withdrawal limit
The Central Bank of Nigeria (CBN) has announced a revision of weekly cash withdrawal limit to N100,000 for individuals and N500,000 for corporate organisations. According […]
FirstBank, others partner Junior Achievement on Africa’s largest high school entrepreneurship competition
FirstBank has partnered with JA Africa on Company of the Year (COY) Competition, Africa’s largest high school entrepreneurship competition scheduled to take place in Lagos, […]
N100bn FG Sukuk records 165% oversubscription – DMO
By JOY ADARA, Abuja – The Debt Management Office (DMO) says the N100billion Federal Government Sukuk put on offer has recorded about 165 per cent […]
Gas project: NNPC Ltd signs MoU with Ghana, Gambia, Guinea Bissau oil firms
The Nigeria-Morocco Gas Pipeline Project (NMGP) has attained another milestone following the signing of a Memorandum of Understanding (MoU) on the project by Nigeria, Morocco […]
Africans in diaspora, continent’s largest financiers through remittances – AfDB President
Dr Akinwumi Adesina, the President, African Development Bank (AfDB) Group, says that Africans in the diaspora are critical to Africa’s economic development. Adesina said this […]
How fuel subsidy is preventing investments in Nigeria – Expert
Mr Tunji Oyebanji, Managing Director 11 Plc, says the huge amount being spent on fuel subsidy by the Federal Government is preventing investments in critical […]
Telecom policies enhancing digital access, media and knowledge production – Danbatta
By CALLISTUS OFFOR, Abuja – The Executive Vice Chairman of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has said that diligent implementation of various […]