Philip Clement, Abuja Minister of Finance, budget and National Planning, Mrs. Zainab Ahmed says asides revenue target, the federal government will channel more energy towards tax compliance. Mrs Ahmed stated this at the virtual economic outlook conference organised by Delloite, an audit, consulting and corporate finance company.   The […]

  Asset Management Corporation of Nigeria (AMCON) says it is pushing hard to recover the N4.4 trillion debts owed the company in failed financial institutions it took over its liabilities. Mr Jude Nwauzor, Head, Corporate Communications Department of AMCON, said this on Thursday in Enugu while briefing journalists on enforcement […]

Following market apathy, equity trading on the Nigerian Stock Exchange (NSE) floor on Monday opened the trading week on the negative route. As gathered by Daily Times, the market breadth closed positively with 16 gainers against 15 losers.   The NSE All-Share Index dipped 23.41 basis points or 0.09 per cent […]

Nigeria has secured a landmark victory in its pursuit to overturn a $10 billion judgement awarded against it in a case with Process and Industrial Developments (P&ID). Process & Industrial Developments is a company based in the British Virgin Islands, that signed a contract with the Federal Government for a gas supply deal in 2010.   However, […]

  Nigerian stocks climbed eight-week high on Wednesday, lifted by gains in shares of energy companies after global oil prices rallied. Recovering from a two consecutive days of losses this week, the main share index rose 1.04% to 24,141.48 points on Wednesday. But the index of top five oil and […]

  Nigeria’s oil and gas sector could take a plunge as federal and state governments relax restrictions further. The country has reported 304 new confirmed cases of the Coronavirus (COVID-19) as the death toll jumped to 888. Nigeria Centre for Disease Control (NCDC) made this known on its official twitter […]

  The Nigerian National Petroleum Corporation (NNPC) has stated that the vandalism of its pipelines across the country has drop by 43 percent in May 2020, our correspondent, Doosuur Iwambe reports. This information is part of the monthly financial and operations report, which was released on Wednesday, August 5, 2020 in Abuja. […]

  President of the Senate, Ahmad Lawan has said that the passage of the sexual harassment bill by the Senate will ensure the safety of students of tertiary institutions in the country. Lawan stated this in his remarks on Tuesday after the upper chamber passed a bill for an Act […]