FIRS: Are States And LGs Now Above The Law?
We are living in interesting times in Nigeria. Issues of public discourse never cease to amaze one in this country. When you think that you have seen and heard it … Read More
Category: ECONOMY
National Disgrace As Nigeria Signs MoU To Import Fuel From Niger Republic
The Nigerian government, through the ministry of petroleum resources, has signed a memorandum of understanding with the government of Niger Republic for petroleum products importation. According to a statement released … Read More
Wastage: Sambisa Forest In Nigeria Is Twice The Size Of Isreal – Peter Obi Reveals
Labour Party’s presidential candidate, Peter Obi, has again provided an intriguing statics about Nigeria’s nationhood in termsof its economic woes. According to him, as small as Israel is, it is … Read More
NNPC Launches App To Monitor Crude Oil Theft, Pipeline Vandalism
In a bid to curb the menace of oil theft in Nigeria, the Nigerian National Petroleum Company Limited (NNPC Ltd.) has launched an application for the monitoring of crude oil … Read More
Chairman Of BUA, Rabiu Visits Buhari, Donates N10bn To Fight Insecurity In Nigeria
Nigerian billionaire businessman, Abdul Samad Rabiu, has donated N10 billion through his foundation, in support of the Nigerian government’s fight against terrorism, and other forms of insecurity in the country. … Read More
Nigerian Government To Implement New Tariff Hike On Data, Calls
The Minister of Finance, Budget, and National Planning, Zainab Ahmed, has said the Federal Government is on course to implement a new tariff hike on data and calls. According to … Read More
Economy: Nigeria Must End ‘Criminal’ Petrol Subsidy – Peter Obi
Presidential candidate of the Labour Party in the 2023 elections, Peter Obi, on Thursday said Nigeria must end petrol subsidy. “Going forward, we must look for ways to move Nigeria … Read More
Buhari Approves Seplat’s Acquisition Of Exxon Mobil’s $1.3bn Oil Assets
President Muhammadu Buhari has consented to the acquisition of Exxon Mobil shares in the United States of America by Seplat Energy Offshore Limited. The Special Adviser to the President on … Read More
Just In: Emefiele Says CBN Disbursed N1.01 Trillion To Smallholder Farmers Across Nigeria
Central bank governor Godwin Emefiele has said his office disbursed N1.01 trillion to smallholder farmers to stabilise Nigeria’s macroeconomic position. Mr Emefiele said that the CBN had increased its funding … Read More
The Economics, Politics And Hypocrisy Of Abuja-Kaduna Train Victims Release
…. By Shehu Abdullahi. The lingering captivity and piecemeal release of victims of the Kaduna-Abuja train attack have proven the hypocrisy of some interests, including persons and groups in the … Read More
Just In: Nigeria Threatens To Pull Out Of ECOWAS Over Lopsided Recruitment
Nigeria has threatened to withdraw its membership of the Economic Community of West African States (ECOWAS) if the regional body does not suspend its ongoing recruitment exercise as recently directed … Read More
Naira Fall: How CBN Illegally Printing Money For Buhari Govt, Pretends To Be Fighting Inflation – Ex-CBN Boss, Moghalu
The former Central Bank of Nigeria Deputy Governor, professor Kingsley Moghalu who contested to be Nigerian President in 2019 under the platform of the Young Progressives Party (YPP) and lost … Read More
We Thought Jonathan Was Bad, Now The Worst Is Buhari – Sanusi Lamido
Former Emir of Kano, Sanusi Lamido Sanusi, has expressed sadness at the current economic and security situation in Nigeria, insisting that the country is in a deeper mess now, than … Read More
Amidst Economic Hardship: Buhari Government Defends N1.15bn Vehicles Purchase For Niger Republic
The Federal Government, on Wednesday, defended the disbursement of N1.15bn for the purchase of 10 SUVs for the Republic of Niger, saying that the move is to enable the country … Read More
FG Generates N2.5bn Daily From TinCan Port – Customs
The TinCan Island Command of the Nigeria Customs Service has said that the command makes an average of N2.5bn daily. The Customs Area Controller in charge of TinCan Island Command, … Read More
We ‘ll Provide Effective Incentives To Boost Foreign Investments-New OGFZA MD, Sen. Kaura
… assumes office; unfolds agenda soon The newly appointed Managing Director/Chief Executive Office (CEO) of the Oil and Gas Free Zones Authority (OGFZA), Senator Tijjani Yahaya Kaura has promised to … Read More
FIRS Warns General Public To Beware Of Job Scamers, Says Organisation Organisation Is Not Recruiting
On repeated occasions, the Federal Inland Revenue Service (FIRS) has cautioned the general public to be vigilant and circumspect not to deal with scam artists who pose as recruitment agents … Read More
Best Measures To Stop Naira Depreciation – Financial Analysts
The continued depreciation of the naira can be halted and reversed with deployment of bold intervention in the foreign exchange market. Analysts also recommend that this move be complemented with … Read More
Maritime: Lekki Deep Seaport Gets Approval To Start Commercial Operations
President Muhammadu Buhari has approved the designation of Lekki Deep Seaport as a Customs Port and Approved Wharf. This is contained in the official Twitter handle of the Nigerian Ports … Read More
Taxes Cushion Oil Revenue Slump As FIRS Grows Collections
…Corporate taxes trump oil earnings for first time on record Although taxes now seem to be the main revenue source of the government, it would need even more attention … Read More