Reps Investigate Nigeria’s Daily Fuel Consumption Claims   The House of Representatives has summoned the Minister of Finance, Budget and National Planning, Zainab Ahmed, the Governor, Central Bank of Nigeria (CBN), Godwin Emefiele, the Minister of State, Petroleum Resources, Timipre Sylva...

Finance Act, Economy Recoveries Increased Company Income Tax By 35.6%   Revenue generated from Company Income Tax (CIT) has continued an uptrend, rising by 35.6 per cent Year-on-Year (Y/Y) to N532.48 billion in the first quarter ended March 2022 (Q1’22) from...

DMO Lists N250bn Sukuk On NGX   The Debt Management Office on Tuesday listed the N250bn, 10-year 13 per cent Ijarah Sovereign Sukuk due 2031 on Nigerian Exchange Limited and FMDQ Securities Exchange. The Ijarah Sovereign Sukuk was successfully listed on NGX,...

Buhari Reappoints Saratu Umar as NIPC Boss   President Muhammadu Buhari has approved the appointment of Hajiya Saratu A. Umar as Executive Secretary/Chief Executive Officer of Nigerian Investment Promotion Commission (NIPC) for a fresh term of five years. Hajiya Saratu Umar was...

You Have Made Nigeria Proud - Buhari Celebrates Outgoing OPEC Boss, Barkindo   President Muhammadu Buhari has expressed the nation’s gratitude to the outgoing Secretary-General of Organisation of Petroleum Exporting Countries (OPEC), Mohammed Barkindo, describing him as a worthy ambassador of...

Fraud Allegations: FG Fires Acting AGF, Anamekwe   The Federal Government has fired the acting Accountant-General of the Federation (AGF), Chukwuyere N. Anamekwe. According to sources, he was replaced two weeks ago with Okolieaboh Ezeoke Sylvis, a former TSA (Treasury Single Account)...