6.6 million Nigerians Become MTN Shareholders   MTN Nigeria Communication Plc has said it now has 6.6 million Nigerians as direct or indirect shareholders as it made N111.75bn from its share offer to Nigerians. The telecommunications company said this in a statement...

Emefiele Inaugurates Garewa Rice Mill, Says Nigeria Millers Have Combined Capacity Of 3 million Metric Tons   The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has urged rice mills in the country to embrace the Bank’s backward integration initiative...

Nigeria’s 8% Tax-to-GDP Ratio Lowest Globally – Osinbajo   The Vice President, Prof. Yemi Osinbajo, on Tuesday, declared that Nigeria’s eight per cent tax-to-GDP ratio was among the lowest globally and that efforts were on to increase this figure. He also stated...

Commercial Loans To Govt Hit N13.7trn    Commercial loans to Nigeria’s public sector rose from a moderate N4.88 trillion to N13.73 trillion in five years (from December 2016 to the end last year), raising concern about the increasing exposure of banks...

Oil Revenue Plunges As Nigeria Misses OPEC Output Target Nigeria missed its crude oil output target for January 2022, pumping 1.46 million barrels per day against a target of 1.683 million bpd as approved by the Organisation of Petroleum Exporting...

Nigerians Are 'Over-educated', Says JAMB Registrar   The Registrar/Chief Executive Officer of the Joint Admissions and Matriculation Board (JAMB), Professor Ishaq Oloyede, has criticized the emphasis Nigerians lay on university education at the expense of talent development and skills acquisition. Speaking in...