The World Bank yesterday approved six projects, worth $22.2 billion to support Nigeria’s development priorities in key areas of improving immunization and enabling a stronger business environment for the private sector. Others are, expanding the digital economy to promote job creation, and increasing public and private sector capacity on governance […]

The Federal Inland Revenue Service (FIRS) has solicited the support of the 36 states of the federation in its effort to meet its revenue target of N8.5 trillion this fiscal year. The Executive Chairman of FIRS, Mohammed Nami, made the appeal in Ogun State at the ongoing national tour of […]

The Federal Inland Revenue Services (FIRS) says Nigeria lost 1.3trillion Naira to granting of tax waivers to companies operating in three sectors of the economy in the last five years. The Chairman of FIRS, Mr Muhammad Nami, disclosed at an investigative hearing organised by the Senate Committee on Finance for […]

As the demutualisation process of the Nigerian Stock Exchange (NSE) nears completion, the Managing Director (MD) of APT Securities and Funds Limited, Mallam Garba Kurfi, said the exercise will boost economic activities and activate idle capital in the market. Mallam Kurfi who expressed this position in his speech at the […]

Shares, banking and financing attracted the highest share of the N31.96 trillion ($87.96 billion) worth of investment inflows into Nigeria in six years. The Central Bank of Nigeria’s (CBN) guidelines show that capital importation can be done through an authorised dealer; which is usually a commercial bank, or through a […]

The Federal Government yesterday launched a new National Gas Transportation Network Code (NGTNC) as part of efforts to stimulate the domestic gas market, drive gas-powered industrialisation nationwide. The Minister of State for Petroleum Resources, Chief Timipre Sylva, who announced the formal commencement of the NGTNC implementation at the Nigeria International […]

The former Chief Executive Officer of the Asset Management Corporation of Nigeria (AMCON),  Mr. Mustafa Chike Obi,  has disclosed that the creation of the corporation did not envisage complete recovery of the bad loan acquired. Even then, he said that despite the huge value of the outstanding debts, the corporation […]

Nigeria is estimated to have lost about N5.5trillion to fraud and cybercrimes in the last 10 years. This figure was given by the Chartered Institute of Forensic and Investigative Professionals of Nigeria’s (CIFIPN’s) protem President, Dr Victoria Enape, during the opening ceremony of a training/ induction programme for the institute’s […]

The Federal Government is set to launch the Nigerian Gas Transportation Network Code that will grant Open Access to third party use of gas pipelines on a non-discriminatory basis. The National Gas Transportation Network Code will be unveiled next Monday as part of the opening day of the 3rd edition […]

  A cyber-security expert, Mr. Remi Afon, has urged President Muhammadu Buhari to assent to the Data Protection bill, which was passed by the 8th National Assembly in May 2019. He said the call became necessary as the world marked Data Privacy Day 2020. Afon, who is also the President […]