Nigeria Plans 10, 000 Tractors For Farmers The Federal Government has concluded plans to distribute over 10, 000 tractors and inputs to farmers in the 774 Local Government Areas. The Minister of Agriculture, Sabo Nanono, made the disclosure when he paid...

Oil prices up as WHO declares emergency OIL prices rose on Friday but were still set for a fourth consecutive weekly loss, as markets attempted to assess the economic damage of the new coronavirus that has spread from China to...

FG sets N1.5trn revenue target for Customs The federal government has given the Nigeria Customs Service (NCS) a revenue target of N1.5 trillion for year 2020. A spokesman of the Economic and Financial Crimes Commission (EFCC), Tony Orilade, disclosed this...

FG Plans 125% Import Tariff on Tokunbo Vehicles The Federal Government has unveiled plans to impose 125 percent and 100 percent import tariffs on used cars and Fully Built Vehicles (FBUs) respectively under a new Nigerian Automotive Industry Development Plan. The...

IGR: 36 States, FCT record N986.29bn in 9months The 36 States of the federation and the Federal Capital Territory (FCT) recorded Internally Generated Revenue (IGR) of N986.29 billion in nine months ending September 2019, representing 16.81 percent year-on-year (YoY) increase...

Nigeria Auto Sector Attracts N360bn Investment In One Year The National Automotive Design and Development Council (NADDC) said automotive manufacturing companies in Nigeria made over N360 billion investments into the country’s economy in year 2019. With this latest development, the Council...