Fed Govt To Collaborate With Israel On Research, Poverty Reduction     The federal government has expressed it’s readiness to collaborate with Israel on investment on youth innovative and research programmes to tackle poverty in the country. Vice President Yemi Osinbajo made this known in his address at...

Finance Bill Makes TIN Mandatory For Banks’ Account Holders     The Finance Bill 2021 has made it mandatory for commercial banks to demand Tax Identification Number from any individual seeking to open an account with them. The bill also empowers banks to demand TIN from existing customers...

In Six Months, NSITF Paid N.5bn Claims To Workers, Employers     THE Nigeria Social Insurance Trust Fund has disbursed N529.9 million to workers for medical expenses refunds, loss of productivity to employers, death and disability benefits, beneficiary of deceased employees and retirement benefits on behalf of...

Buhari Transmits 2021 Finance Bill To National Assembly       The Senate yesterday received the Finance Bill 2021, transmitted by President Muhammadu Buhari to the National Assembly for consideration and passage. The request by the President seeking the passage of the bill into law was contained in a...

Nigeria Records N8.9trn Trade Deficit In Nine Months     Nigeria recorded a negative trade balance of N8.9tn, between January and September, 2021, data from the National Bureau of Statistics have shown. Within this period, total foreign trade stood at N35.09tn, comprising N22tn imports and N13.1tn exports, leading...

Rising Food Prices Fuelling Inflation In Nigeria, Others – IMF     The International Monetary Fund says rising food prices is the major factor fuelling inflation in Nigeria and other Sub-Saharan African countries. According to the body, inflation is rising around the world, but because food accounts for...