Economy

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...

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...

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...

NAF, CBN, Niger State Bag 2019 African PR Awards The Nigerian Airforce (NAF), Central Bank of Nigeria (CBN) and Niger State government have been named...

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...

FAAC Shares N616bn in May 2019 A total of N616.198 billion has been distributed as Federal Allocation for the month of April, 2019 by the...

The Minimum Dowry for Islamic Marriage is N13,438 - Cleric An Islamic cleric, Dr AbdulHameed Shuaib Agaka has said that the current minimum value of...

FAAC Shares N821bn to FG, States, LGs in July 2018 The Federation Accounts and Allocation Committee (FAAC) at its meeting shared the total sum of...

Annual States Viability Index ASVI: 36 States Generate N931bn IGR Against N3.3trn from Federation Account … Lagos Generates More IGR than 30 States Combined …. Economic...

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 N812bn to Tiers of Govt in December 2018 A total of N812.762 billion has been distributed as Federal Allocation for the month of...

AEMA: China-Africa Economic Relations, more Resourceful - AFDB •Injects $160bn loan, aid to Africa in 3 years •As Elumelu, Dangote, Dora Akunyili, others nominated for Africa...

Opinion: CBN on Fire, WhatsApp to the Rescue By Yushau A. Shuaib On May 1, 2018, while Nigerians were observing a work-free day for workers, a...

Nigeria's Financial Statement in Compliance with IPSAS- AGF Accountant-General of the Federation, Mr. Ahmed Idris has revealed that the 2015 Financial Statements of the Federal...

NEITI Urges Review of Oil Producing Agreements The Nigeria Extractive Industries Transparency Initiative (NEITI) has alerted the nation on the urgent need to review the...

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:...

Ensuring Prisoners Right to Vote in 2019 By Ugwuoke Kelvin Abuchi In October 2017, the Chairman of the Independent National Electoral Commission (INEC), Professor Mahmood Yakubu,...

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:...

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