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...
Reps Deny Taking N100m Palliative, Faults NLC Claims
The House of Representatives has denied claims by the leadership of the Nigeria Labour Congress that the Federal Government gave N100m to members of the National Assembly as palliatives.
The National Assistant Secretary of the NLC, Christopher Onyeka,...