UPDATE: Presidency Confirms Adedeji's Appointment as FIRS Boss  President Bola Tinubu has approved the appointment of Zacch Adelabu Adedeji as the new Acting Executive Chairman of the Federal Inland Revenue Service (FIRS). The President in a statement by his spokesman, Ajuri Ngelale, directed the erstwhile FIRS...

JUST IN: Tinubu Appoints Zacch Adedeji as Acting Chairman of FIRS  President Bola Ahmed Tinubu has appointed Mr Zacch Adelabu Adedeji as the Acting Chairman of the Federal Inland Revenue Service (FIRS). While the appointment is yet to be officially announced by the Presidency, a very...

Funding Constraints Stalls  $13bn Trans-Sahara Gas Pipeline Project - Report The inability of West African countries to quickly resolve the Niger Republic coup is threatening the delivery of the $13bn Trans-Sahara gas pipeline, as the project faces funding challenges. S&P Global, in its report ‘Niger coup,...

Trapped Funds: FG Directs CBN to Engage Foreign Airlines Regularly  The Federal Government, through the Ministry of Aviation and Aerospace Development has directed the Central Bank of Nigeria to convene quarterly meetings with foreign airlines operating in the country to address the issue of trapped...

Postal Revenue Drops to N3bn in 2022 - NBS The National Bureau of Statistics data shows that the total revenue from postal activities fell by 17.05 per cent to N3.01bn in 2022 from N3.63bn in 2021. It also revealed that the number of post offices and...

Forex Scarcity Drags Naira to N950/dollar Naira fell further to the dollar after closing at 950/$ at the parallel market on Wednesday. The naira which had earlier closed at 930/$ at the close of operations on Tuesday, was bought and sold at 935/$ and 950/$ on...