Economic Confidential

World Bank Outlines steps for Nigeria’s Economic Revovery

World Bank Outlines steps for Nigeria's Economic Revovery The World Bank has outlined faster steps for Nigeria's economic recovery apart from taking other measures to deepen ongoing reforms undertaken by the country. According to the Bank, the measures would assist avoid...

Tax defaulters to pay 50% of disputed amount into court account before hearing

Tax defaulters to pay 50% of disputed amount into court account before hearing Tax defaulters who plan to institute legal cases against the Federal Inland Revenue Service (FIRS) now have to pay 50% of the assessed amount in dispute into...

Nigeria, Ghana Collaborate to Wrestle insecurity in Gulf of Guinea

Nigeria, Ghana Collaborate to Wrestle insecurity in Gulf of Guinea At the behest of the governments of Nigeria and Ghana, the navies of both countries have met to forge measures to tackle heightening insecurity and enforce their respective territorial integrity...

Democracy Day: “I will Handover a Secured Nation after my Tenure”- Buhari

Democracy Day: "I will Handover a Secured Nation after my Tenure"- Buhari President Muhammadu Buhati has promised to handover a secured country after his tenure lapses. The President made the pledge in his democracy day broadcast to the nation on Saturday. He...

We Don’t Grant Tax Waivers to local, foreign investors”-Nami

We Don't Grant Tax Waivers to  local, foreign investors"-Nami The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has disclosed that the Service did not grant any tax waivers to any local or foreign investors in the country as...

Nigeria’s Gas Reserves Rise To 206.53tcf – DPR

Nigeria’s Gas Reserves Rise To 206.53tcf – DPR The Department of Petroleum Resources (DPR) says Nigeria has recorded an increase in its proven natural gas reserves to 206.53 trillion cubic feet (tcf) as at Jan.1, 2021 up from 203.16tcf in...
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