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Wednesday, May 22, 2019

FG Woos Investors With Tax Incentives For Maritime Sector

FG Woos Investors With Tax Incentives For Maritime Sector   The federal government has assured the international oil and gas community that the Nigerian maritime sector...

FEC Okays N2.5bn For Dry Gas Pipeline Installation

FEC Okays N2.5bn For Dry Gas Pipeline Installation   A pipeline installation to transport dry gas through the North and South corridors to the West corridor...

NEXIM Bank Expends N22bn, Creates 2,039 Jobs

NEXIM Bank Expends N22bn, Creates 2,039 Jobs   The Nigerian Export-Import Bank says it expended about N22bn and created about 2,039 direct jobs within one year. The...

FG Makes N10.97bn In Mining Fees, Royalties In four Years

FG Makes N10.97bn In Mining Fees, Royalties In four Years Even though the Federal Government had anchored a significant part of its diversification programme on...

2019 Budget Unsupportive Of Economic Growth, Experts Say

2019 Budget Unsupportive Of Economic Growth, Experts Say   As Nigerians continue to relish last week’s passage of the 2019 Appropriation Bill into law by the...

Execution Of N8.916trn Budget Already Under Threat

Execution Of N8.916trn Budget Already Under Threat Barely two weeks after the National Assembly passed the N8.916 trillion budget for 2019, the implementation of the...

Nigeria’s Taxpayers’ Roll Almost At 45m, As Database Integration Nears Realization

Nigeria's Taxpayers’ Roll Almost At 45m, As Database Integration Nears Realization   The taxpayers’ roll of the country will soon hit 45 million. This was disclosed...

Seven Banks Pay N144.99m As Fine To Regulators In 2018

Seven Banks Pay N144.99m As Fine To Regulators In 2018 Seven banks quoted on the Nigerian Stock Exchange (NSE) paid N144.99 million as fines to...

FG Opens May Savings Bonds For Subscription

FG Opens May Savings Bonds For Subscription The Federal Government of Nigeria on Monday opened the May savings bonds for subscription. An FGN savings bond is...

NFIU Limits LGs Daily Cash Withdrawal To N.5m, Effective From June

NFIU Limits LGs Daily Cash Withdrawal To N.5m, Effective From June The Nigeria Financial Intelligence Unit (NFIU) has vowed sanctions for any commercial bank which...

Nigeria’s Rising Debt Servicing Cost Dampen Investors Interest

Nigeria’s Rising Debt Servicing Cost Dampen Investors Interest The cost of servicing government debt in Nigeria is dampening foreign investors’ appetite to inject capital into...
NBS National Bureau of Statistics

States Grew IGR To N1.1trn In 2018 – NBS Report

States Grew IGR To N1.1trn In 2018 - NBS Report   The National Bureau of Statistics on Thursday released the Internally Generated Revenue report for 2018,...

N800m Debt: FAAN Withdraws Services From Kebbi, Gombe Airports

N800m Debt: FAAN Withdraws Services From Kebbi, Gombe Airports Flight operations may have stopped at the Gombe and Kebbi airports as indications emerged that the...

NIPC Generated N13.8bn From Investment Promotion In 7years

NIPC Generated N13.8bn From Investment Promotion In 7years Between 2012 and 2018, the Nigeria Investment Promotion Commission earned a total of N13.8bn as Internally Generated...

UN Supports AfDB’s $10bn Power Initiative

UN Supports AfDB’s $10bn Power Initiative The United Nations (UN) has thrown its weight behind the quest of the African Development Bank (AfDB) to provide...
NDLEA officials

Edo, Kano Plateau Lead in NDLEA Drug Seizures in 2018

Edo, Kano Plateau Lead in NDLEA Drug Seizures in 2018 Edo in South-South, Kano in North West and Plateau in North Central Nigeria are leading...

NSIA Grow $1.5bn SWF By $350m

NSIA Grow $1.5bn SWF By $350m The Nigerian Sovereign Investment Authority (NSIA), which is the agency managing the Sovereign Wealth Fund (SWF), said it had...

CBN To Sell N109.7bn Treasury Bills

CBN To Sell N109.7bn Treasury Bills The Central Bank of Nigeria is scheduled to hold a Primary Market Auction on Thursday, offering N109.7bn worth of...

Lagos, Three Other States Made N2.71trn IGR In 5years

Lagos, Three Other States Made N2.71trn IGR In 5years Four states accounted for 60.22 per cent of the N4.5tn Internally Generated Revenue which accrued to...

Maritime Stakeholders Urge FG To Abolish Tax On Full Duty For Ship Acquisition

Maritime Stakeholders Urge FG To Abolish Tax On Full Duty For Ship Acquisition Stakeholders in the nation’s maritime sector have called on the federal government...