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Nigeria Makes Top 10 Global Reformers On World Bank’s List

Nigeria has for the first time been recognized as one of the top 10 most improved economies in the world. The country has also moved up 24 places to 145th in the World Bank’s ‘Doing Business’ report. The World Bank...

NNPC Confident Of Commercial Hydrocarbon Find In Inland Basins

The Nigerian National Petroleum Corporation (NNPC) has expressed confidence that the aggressive exploration of the inland basins being driven by the corporation would soon yield success with hydrocarbon finds in commercial quantity. This was disclosed by the Group Managing Director...

Emir Sanusi Directs Council, Subjects to Embrace Takaful Insurance

The Emir of Kano, Muhammad Sanusi II (CON) has directed that all insurable vehicles owned by him or the traditional council be insured by Jaiz Takaful Insurance Plc, for its offer of mutual benefits, transparency and fairness. He gave...

Federation Account recorded N797.51bn VAT Revenue In 10 Months.

Revenue from Value Added Tax (VAT) grossed N797.51 billion into the Federation Account between January and October 2017, the Honourable Minister of Finance, Mrs. Kemi Adeosun, revealed on Tuesday. The non-oil revenue represents 46.15 per cent of the 2017 VAT budget...

Devt Bank Expends N5bn To 3 Micro Finance Banks

The Development Bank of Nigeria (DBN) has commenced lending to eligible Participating Financial Institutions (PFIs) for on-lending to Micro, Small and Medium Enterprises (MSMEs). At the commencement of the exercise yesterday in Abuja, the DBN disbursed N5bn to three micro...

FG To Pay N88bn To Nigerian Civil War Victims

Forty-seven years after the Nigerian Civil War ended under ‘no victor, no vanquished’ terms, the federal government has agreed to pay victims of the war N88 billion in damages A breakdown of the compensation adopted by the ECOWAS Court of...
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