Infrastructure, Weak Policy Push Printing Losses To N3trn         Discrepancies between duties on imported books and materials used for printing, the collapse of paper mills and importation of printed materials may have caused a loss of over N3 trillion, the Chartered Institute of Professional Printers of...

Reps Pass 2020 Finance Bill For Second Reading     The House of Representatives, on Thursday, passed for second reading, the Finance Bill 2020. It is titled, ‘A Bill for an Act to Amend the Capital Gains Tax Act, Companies Income Tax Act, Personal Income Tax Act, Tertiary...

FEC Approves N59.35bn For Aviation, Roads Projects         The Federal Executive Council (FEC) on Wednesday approved N59.350 billion for roads and aviation projects across the country. Three ministers – Babatunde Fashola (Works and Housing), Alhaji Lai Mohammed (Information and Culture), on behalf of Senator Hadi Sirika (Aviation)...

Cost Of Data Slashed By 50% In 2020 — FG         The Minister of Communications and Digital Economy, Isa Pantami, says data prices reduced by 50 per cent in 2020. The minister made this known in a statement signed Thursday by his Technical Assistant on Information Technology,...

Oil Contributes 81% To N2.99trn Q3 Exports - NBS       Despite efforts made at boosting non-oil earnings, crude contributed N2.42 trillion to the country’s 2.99 trillion Q3 2020 export earnings, data released by the National Bureau of Statistics (NBS) yesterday showed. With the figure, crude’s share of...

Buhari Reappoints AMCON’s Boss, Appoints New MD, ED For NDIC         President Muhammadu Buhari, has appointed Mr Bello Hassan as the new managing director of Nigeria Deposit Insurance Corporation. He also appointed Mr Mustapha Ibrahim as executive director of the corporation. The President reappointed Mr Ahmed Kuru as...