Lottery Fund: Reps to Audit Over N2.5bn IGR Expenditure, Others The House of Representatives Committee on Finance on Monday said it will audit the books of the National Lottery Trust Fund for spending almost N2.5 billion Internally Generated Revenue of the agency for 2023 without...

Equity Market Begins Trading with 0.15% Loss on First Day After closing on a positive note last Friday, the Nigeria Exchange (NGX) started the week on a bearish note as the All-Share Index declined by 0.15% to close at 71,008.7 points after closing at 71,112.99...

Banks Income Tax Rises to N311bn in 9 Months - Report  Leading commercial banks in the Nigeria have reported 132.1 percent rise in tax remittances to government in the nine months (9M’23) of this year. The banks paid a total of N311.347 billion income tax during...

President Tinubu Woos Foreign Investors at G-20 Summit President Bola Tinubu, has told international investors that beyond Nigeria’s natural resources, the people who are highly educated, skilled, and industrious are the primary asset and advantage the country possess over other nations for investments. The President spoke...

Nigeria Losses $16tn to Gas Flare in 10 years – Report The Federal Government has lost an estimated $16tn to natural gas flaring in 10 years, according to Energy Institute report. The Energy Institute’s 72nd edition of the ‘Statistical Review of World Energy 2023’ said the...

Local Rice Production Declines as Price Skyrockets   According to a new report, rice consumption has been steadily increasing, exceeding local supply, resulting in a supply gap of about two million metric tonnes per year. This has led to an over 37 per cent increase in the...