The World Trade Organisation (WTO) has asked Nigeria to remove trade prohibitions and market restrictions in line with global free market policy that facilitates free trade across borders. This formed the crux of media interaction held in Abuja with a...

The Federal government has pledged its commitment towards implementing the 71 point National Economic Council (NEC) Retreat Resolutions aimed at improving socio-economic and political development in the country. The Minister of State Budget and National Planning, Mrs Zainab Ahmed made...

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has endorsed the new National Tax Policy recently announced by the Federal Government to shore up Nigeria’s dwindling revenue base which suffered decline as a result of the shortfall in international...

The Federal Government is to set up a $50bn Biofuels Industry Equity Fund to be used in developing biofuels and making them accessible to the citizens in commercial quantities, the Central Bank of Nigeria has said. According to the CBN,...

The naira dropped against the United States dollar to 499 on Tuesday, from 498 on Monday as lingering scarcity of the greenback continued to weigh on the market Reuters reported. The local currency had reversed its Friday’s loss against the...

The National Bureau of Statistics (NBS) says the traffic statistics at Nigerian ports recorded 19,833 vessels berthed at the various ports between 2013 and 2016. The statistics is contained in a report on “Shipping and Port Activities 2013 to 2016’’...