Economy

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...

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...

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...

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...

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...

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...

KEDCO Seeks Media Collaboration on Service Delivery Kano Electricity Distribution Company (KEDCO) had on Thursday solicited the support of the media to achieve its vision...

Baru Lists Achievements as NNPC GMD …Says Engineering “Prepared Me for Life and Living” The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr....

NIPOST provides 1,800 Post Offices as Fidelity Bank takes financial services to grassroots The Nigerian Postal Service (NIPOST), has offered to give out 1,800 of...

Highly Indebted States: Lagos Debt Hits N1.043trn in 2018- Investigation … High Indebted States: Lagos, Rivers, Osun, Kaduna, Imo .… Low Indebted States: Yobe, Jigawa, Kwara,...

No monies Missing, Stolen in CBN - Spokesperson The Management of the Central Bank of Nigeria (CBN) has been notified of a purported audio recording...

ASVI 2018: States Generate N1.1trillion, Only 10 Economically Viable, 17 States are Insolvent … Lagos Generates More IGR than 30 States Combined …. Economic Viable States:...

FAAC Shares N617bn to FG, State, LGs in April 2019 A total of N617.566 billion has been distributed as Federal Account Allocation Committee FAAC for...

Mega FAAC Allocations: How FG, States, LGcs Shared N8tr in 2018 ... FG Got N3.4tr, States/LGs N4.5tr Richest: Delta N285bn, Lagos N260bn, Kano N188bn Poorest:...