Economy

NCS Generates N1.34tr Revenue in 2019 Nigeria Customs Service generated the sum of N1,341,690,568,327.18 for the year 2019. Amount generated is over the target of...

Nigeria Ethiopian Chamber Promotes Bilateral Trades The president of Nigeria Ethiopia Chamber of Commerce (NECOC) Alhaji Sani Umar has called for improved relationship between the...

President Buhari Nominates Nami as FIRS Boss President Muhammadu Buhari has approved the composition of a new board for the Federal Inland Revenue Service, FIRS,...

NCC Establishes Emergency Communication Centres in 18 states ... Launches 112 Toll-Free Emergency Telephone Number The Nigerian Communication Commission (NCC) has established and operationalised Emergency Communication...

NEITI: Nigeria Lost $42bn to Crude Oil Thefts in Ten Years Abuja, November 6, 2019. Nigeria Extractive Industries Transparency Initiative (NEITI) has urged the government...

Tiamin Rice injects $13.4m to boost capacity to 1,520 tonnes per day Tiamin Rice Mill Limited has invested a total of $13,370,500 to boost its...

Rice smuggling: Court orders CBN to freeze 45 bank accounts A Federal High Court, on Monday, in Abuja, ordered the temporary freezing of 45 bank...

NNPC Discovers Oil Deposits in North-East The Nigerian National Petroleum Corporation (NNPC) has announced the discovery of hydrocarbon deposits in the Kolmani River II Well...

NCS Generates ₦81bn Revenue from Customs Port Harcourt Command The Nigeria Customs Service (NCS), Area II Command Onne Port has generated a total revenue sum...

A 300MW renewable energy power plant has been establihed and ready to generate power in Lagos soon. This was revealed when the United Arab Emirate Ambassador...

RIPAN Warns Local Rice Distributors over Price Hike Following the shutdown of the country’s land borders since August, and increase in the price of local...

Tenure Elongation: FIRS Boss, Fowler Dragged to Court …To return all salaries, earnings during 'illegal' stay in office A Federal High Court sitting in Kano has...

Niger Republic Bans Exportation of Rice to Nigeria As if to reinforce Nigeria's recent action to temporarily close its borders to neighboring Countries to checkmate...

81% of Nigerians do not pay Taxes Tax Moral Low in Nigeria Penalties for evasion not punitive enough More than 81% of taxable adults and businesses in...

NDLEA Arrests 3,834 Drug Suspects, Seizes 39 tonnes of Illicit Drugs this Year The National Drug Law Enforcement Agency (NDLEA) has arrested 3,834 suspected drug...

Rice Smuggling: Nigeria Risks Loss of $400m if.. as RIPAN Backs Border Closure Rice Processors Association of Nigeria(RIPAN) has said Nigeria risks the loss of...

NEITI, NNPC Partner on Corporate Ethics The Nigeria Extractive Industries Transparency Initiative (NEITI) says its constant engagement with the NNPC on its operations is based...

APRA Reacts to Nigerian President on CFTA Treaty and Ghana Secretariat The African Public Relations Association (APRA) has commended President of the Federal Republic of...

Isiaka Abdulrazaq CFO NNPC Gets Standing Ovation on Retirement For his exemplary leadership and promotion of transparency and accountability as the Chief Finance Officer(CFO) of...

FAAC Shares N679bn to FG, States and LGs in June 2019 A total of N679.699 billion has been distributed as Federal Allocation for the month...