FCT Tax Reforms Targets N300bn Annual Revenue   The Federal Capital Territory (FCT) is taking steps towards boosting its revenue streams. Currently, the FCT’s Internally Generated Revenue (IGR) is around N200 billion per year. With the implementation of these new initiatives, the FCT-IRS expects to increase IGR...

British Airways Resumes After Cancelled Flights Over Terror Alert   British Airways has resumed its London-Abuja flight after cancelling the flight for two days due to the security alerts on terrorism issued by the United States and United Kingdom governments. The United States Mission in Nigeria had...

FG Increases Fuel Supply as Queues Worsen in Abuja, Nasarawa The Federal Government says it had increased the number of Premium Motor Spirit, popularly called petrol trucks supplying products to the Federal Capital Territory to 180 per day in a bid to end the queues. In...

FG To Implement $700m ACReSAL Project in 19 States, FCT The federal government has revealed plans to resolve environmental challenges in 19 Northern states and the Federal Capital Territory (FCT) through the World Bank-sponsored Agroclimatic Resilience in Semi-Arid Landscapes (ACReSAL) Project. The World Bank December last...

Senate Passes N329.96bn As Statutory Budget For FCT       The Senate on Tuesday approved N329.96bn as statutory budget for the Federal Capital Territory for the year 2021. The passage followed the consideration of the report of the Committee on Federal Capital Territory on the FCT Appropriation Bill,...

Banks’ll Consider Sustainable Principles Before Lending, Says Emefiele       The Governor, Central Bank of Nigeria, Mr Godwin Emefiele has said banks will now consider sustainable banking principles when lending money to individuals and corporate entities. According to a statement issued on Thursday, Emefiele disclosed this while leading...