Customs Impound Explosives, Contrabands Worth N3.1bn       The Federal Operations Unit (FOU), Zone A of the Nigeria Customs Service (NCS), yesterday, said it has impounded 42 drums of explosives in the form of calcium carbide and other contraband worth N3.1billion smuggled into Nigeria from Benin Republic. The...

States’ Cash Cruch: CBN Kicks As Govs Beg FG To Postpone $2.1bn Support Repayment         State governors on Thursday at the monthly meeting of the National Economic Council appealed to the Federal Government to postpone the repayment of the $2.1bn budget support facility to states which...

19 States Lack Automated IGR Collection System – Fed Govt       Only 17 states out of the 36 states of the federation have fully automated their Internally Generated Revenue collection systems, the Federal Government said on Thursday. This implies that 19 states lack automated IGR collection systems. The...

Manufacturing Sector Leads $8.41bn Investment Announcements In Q1, 2021       The Nigerian Investment Promotion Commission (NIPC) has reported $8.41 billion new investment announcements in Nigeria in the first quarter of 2021 (Q1 2021), with the manufacturing sector attracting 60 percent, reflecting the gradual return of investors’...

Apple Stakes $1bn For Nigerian App     An application developed by a young Nigerian has been bought by Apple for $1 billion, the Minister of Communications and Digital Economy, Dr Isa Pantami said yesterday. Pantami, who did not give details of the deal, however, expressed optimism that...

On World Creativity and Innovation Day, by Kashifu Inuwa     Thank you for coming. It is truly a pleasure and privilege to have you this afternoon. Today is a double celebration of NITDA’s 20th Anniversary and World Creativity and Innovation Day. It is an International Creativity...