Buhari govt insists on VAT increment, gives reason

Mrs. Zainab Ahmed, the Minister of Finance, Budget and National Planning, has insisted that Value Added…

Minimum wage: FG, labour in make-or-break meeting today

The Federal Government and oragnised labour will today meet to discuss consequential increase in the salaries…

Fuel Subsidy Allocated N450bn In 2020 Budget

The federal government has budgeted the sum of N450 billion for settlement of under recovery of…

Capital market fraud: NSE returns N70m to investors

The Nigerian Stock Exchange says a total of N70m was repatriated from capital market fraud to…

No One Can Say He Is Hungry In Nigeria- Agric minister

The Minister of Agriculture and Rural Development, Sabo Nanono, on Monday said Nigeria was producing enough…

Chevron, others sign gas sale agreement

Chevron Nigeria Limited has signed a gas sale and aggregation agreement with Olorunsogo Generation Company Limited,…

Minimum wage: FG wants labour to shift ultimatum, says TUC

The President of Trade Union Congress, Quadri Olaleye, on Friday said that the Federal Government wanted…

On the trail of unregistered SIM card subscribers

From all indications, Minister of Communications Dr Isa Ali Pantami appears ready to go the whole…

Rubber Producers To Engage 640, 000 Nigerians In 10 Years

As part of efforts to create employment, revive the rubber sector and its value chain across…

FG Pays P&ID £250,000 Cost Ordered By UK Court

The Federal Government has paid the sum of £250,000 to Process and Industrial Developments Limited (P&ID)…

Nigeria’s economic growth might drop- World Bank

The World Bank on Wednesday revised Nigeria’s economic growth for 2019 from 2.1 to 2.0 per…

Poor quality of service reason for tax evasion, says SGF

The Secretary to the Government of the Federation, Mr Boss Mustapha on Wednesday said one of…

Why I forwarded Finance Bill to NASS – Buhari

President Muhammadu Buhari, on Tuesday, said the Finance Bill 2019 he forwarded to the National Assembly…

Experts blast Buhari govt for basing 2020 budget on 7.5% VAT

Some economic experts have expressed concern over the Federal Government’s decision to base the estimated revenue…

Customers will be overburdened by Communication tax- Expert

Financial analysts have described the proposed Communication Service Tax Bill as a misadventure and would only…

Cashless policy: Distilling CBN’s new transaction charges

The Central Bank of Nigeria (CBN) in September, 2019, released new guidelines for the cashless policy…

Minimum wage: There’ll be no warning strike, Labour tells govt

The President of Trade Union Congress, Quadri Olaleye, said organised labour would not go on a…

GSM tax: MTN, Glo, Airtel, 9mobile subscribers, others to pay extra N261bn

Telecom subscribers in the country are likely to pay an additional N261.18bn on voice calls, short…

Lagos empowers 3000 women with free skills, startup equipment

Lagos State government has empowered over 3000 women and youths with skills and startup equipment in…

Keystone Bank rewards customers

As part of efforts aimed at expressing appreciation to its loyal customers whilst engendering a good…

Nigeria, South Africa To Issue 10-Year Visa To Businessmen, Academics

Following successful conclusion of the 9th Bi-National Commission of South Africa and Nigeria meeting in Pretoria,…

Nigeria’s fresh appeal won’t stop assets’ seizure – P&ID

The Process and Industrial Development Limited has said Nigeria’s fresh appeal moves will not stop it…

Finance Minister assures adequate funding of 2020 appropriations

Nigeria’s Minister of Finance, Mrs Zainab Ahmed has assured the Senate Committee on Appropriation that the…

Small refineries’ fate uncertain as Dangote pushes ahead

While 44 refinery licences have been given to private investors, only a few projects, including the…

Labour rejects government minimum wage offer, issues two weeks ultimatum

The organised labour in Nigeria comprising the Nigeria Labour Congress and the Trade Union Congress have…

Stock Market Commences Trading In October With 1.14% Loss

The Nigerian stock market closed the first trading day in the month of October, yesterday on…

EFCC arraigns Union Bank staff, Udia for allegedy stealing customer’s money

The Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal office, Wednesday, arraigned Gladys Udia over…

Terminal operator seeks more patronage of Calabar port

One of the concessionaires at the Calabar Port, ECM Terminals Limited, has called for more patronage…

Nigeria loses $2.7bn annually to illegal fishing, piracy

Nigeria and 15 other countries in the Gulf of Guinea lose $2bn to pirate attacks annually.…

Again, CBN raises banks’ deposits ratio

The Central Bank of Nigeria, CBN, has raised the Loan to Deposit Ratio of banks from…

Shippers’ council restates benefits of AfCFTA

The Nigerian Shippers’ Council (NSC) had said the African Continental Free Trade (AfCFTA) if well implemented,…

Fidelity Bank alerts public of smear campaign plot

Fidelity Bank Plc has alerted the public of a smear campaign plot by some disgruntled outsourced…

9bn slush fund: Ex-Bank Director challenges court forfeiture order

The Court of Appeal sitting in Lagos is set to hear the case of a former…

Explore cultural diversity for national development- PMB

President Muhammadu Buhari has called on Nigerians to continue to explore the rich cultural diversity and…

NHIS account not compromised — Official

National Health Insurance Scheme (NHIS), on Sunday, dismissed allegations that the organisation’s account was hacked for…

‘States attaching conditions to minimum wage implementation’

The Chemical and Non-Metallic Products Senior Staff Association of Nigeria (CANMPSSAN) at the weekend accused some…

FAAN begins rehabilitation of Enugu airport runway

The Federal Airports Authority of Nigeria has commenced the rehabilitation of the runway at the Akanu…

Banks allocate N15.13 trillion credit to private sector

The National Bureau of Statistics (NBS) said the Nigerian banking sector allocated N15.13 trillion as total…

$9.6bn UK Judgement: FG Goes After P&ID Foreign Allies

After arraigning and securing the conviction of some Nigerians, the federal government has set machinery in…

$9.6bn fine: Our plans for the $200m 60-day deadline –FG

•We’ll seize assets once deadline passes, P&ID says Oyetunji Abioye, Olalekan Adetayo and Ade Adesomoju The…