Shola Shittu

Recession: The Worst is Over, Says Emefiele

In a sign of recovery, $1bn capital inflow recorded in two months CBN Restates need for partial sale of oil assets to boost reserves, reflate economy “I repeat, the worst is over, Nigeria’s economy is on the path of recovery and...

FIRS boss: How to Boost Tax Revenue in Africa

The Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has said African nations can generate huge revenue from excellent tax administration, calling for autonomy of tax agencies. Speaking to chief executives of African Tax Authorities at the African Tax...

Utomi Blames Economic Recession on Faulty Policies by Buhari

Professor Pat Utomi has blamed current economic recession on faulty policy and regulations of President Muhammadu Buhari’s administration. Utomi who spoke in Lagos at the weekend said Nigeria’s economic challenges goes beyond the fall in oil price at the international...

Labour Urges FG to Pay Salary Arrears

In a bid to save Nigerians, especially civil servants from the pangs of hunger from economic recession, organised labour has urged the Federal Government to take urgent steps to pay thousands of workers their outstanding salaries and allowances to...

Nigeria Must End JV Cash-Call Payment to get Out of Recession – Adeosun

The Minister of Finance, Kemi Adeosun has stressed that Nigeria must get out of paying cash calls to joint ventures with oil and gas companies to stand a chance of pulling its ailing economy out of recession. Adeosun said on...

AMCON Links Debtors with Private Investors

• Says mergers, acquisition not solution to aviation crisis Debts buying firm, Asset Management Corporation of Nigeria, said it has begun linking prospective foreign investors with debtors, with a view to salvaging their businesses. The development comes as AMCON disclosed that...
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