An economic expert, Charles Nwekeaku, has advised the Federal Government to follow due process in getting the forfeiture of monies in accounts without Bank Verification…
View More Expert advises FG on BVNseizure of bank accounts over BVNCategory: Business
BVN-related asset forfeiture:Expect elongated legal battle –Nweze
A repeat of the credit and liquidity squeeze, which rocked the banking sector in the wake of the takeoff of Treasury Single Account (TSA), may…
View More BVN-related asset forfeiture:Expect elongated legal battle –NwezeNCC vows to end SIM swap fraud
The Nigeria Communications Commission (NCC) has promised to put an end to SIM swap fraud in light of fraudulent activities carried on customers’ bank accounts.…
View More NCC vows to end SIM swap fraud26 firms signify interest in Nigeria’s refineries
About 26 firms have indicated interest to participate in the revamping of Nigeria’s four refineries, which will require investment of about $2billion (N720billion) according to…
View More 26 firms signify interest in Nigeria’s refineries2018 budget proposal approved by FEC
The federal executive council (FEC) has approved the draft for the 2018 budget proposal. Minister of budget and national planning, Udo Udoma, said this on…
View More 2018 budget proposal approved by FECAfrican airlines to transport 400 million passengers in 2036
Airlines in Nigeria and other Africa countries has been estimated to increase by 274 million, bringing the total traffic per year to 400 million by…
View More African airlines to transport 400 million passengers in 2036FG, state, council share October FAAC
The Federal, States and Local Governments shared N558.082 billion in October, N80 billion less than the N637.704 billion revenue shared in September, Ahmed Idris, the…
View More FG, state, council share October FAACCustoms command impounds N15m goods
The Western Marine Command of the Nigeria Customs Service (NCS) on Tuesday seized goods estimated at N15 million from smugglers along the Gbao, Yekeme and…
View More Customs command impounds N15m goodsFight against corporate secrecy- Osinbajo urged
Vice President Yemi Osinbajo has again called for an intensified global action against vices associated with corporate secrecy stating that “breaking the wall of secret…
View More Fight against corporate secrecy- Osinbajo urgedBVN: FG moves to seize less accounts
Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary…
View More BVN: FG moves to seize less accountsVAT: N246.30bn generated in Q2 — NBS
The National Bureau of Statistics (NBS) says that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of the year. The…
View More VAT: N246.30bn generated in Q2 — NBSFG Begins Disbursement of GEEP Loan in Abia
The Federal Government has commenced the disbursement of the Government Enterprise and Empowerment Program,GEEP, loan in Abia State. The loan is a collaboration of the…
View More FG Begins Disbursement of GEEP Loan in AbiaStop accumulating debts, BudgIT warns states
A budget-based organisation, BudgIT, has cautioned Nigerian states to desist from accumulating debts especially from external loaners. BudgIT’s Lead Presenter, Mr Oluseun Onigbinde, who raised…
View More Stop accumulating debts, BudgIT warns statesFG scoop N140 billion from revenue leakages-Senate
The Senate yesterday said that through its probe of revenue leakages, the collection banks had remitted N140 billion to the Federal Government through the Central…
View More FG scoop N140 billion from revenue leakages-SenateAfDB to invest $24b in Agric
The African Development Bank (AfDB) is to invest $24 billion in agriculture over the next 10 years to help unlock its potential and assure food…
View More AfDB to invest $24b in AgricGood News: Oil price rises towards $59
Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Brent…
View More Good News: Oil price rises towards $59AfDB to create 10,000 agric entrepreneurs
The African Development Bank (AfDB) is to make agriculture a profitable business as well as create 10,000 young agricultural entrepreneurs per country in the next…
View More AfDB to create 10,000 agric entrepreneursNigerians must pay tax to solve problem of borrowing– Adeosun
The Minister of Finance, Mrs Kemi Adeosun has said the nation needs to generate more revenue through the payment of tax by Nigerians in order…
View More Nigerians must pay tax to solve problem of borrowing– AdeosunDagote’s Africa biggest refinery takes shape
The completion of Dangote Refinery in 2019 will mark another milestone in the Nigerian oil and gas industry as it holds the prospect of stopping…
View More Dagote’s Africa biggest refinery takes shapeOsinbajo, Elemelu, Dangote others harp business growth in Africa
Vice President, Prof. Yemi Osinbajo, Africa’s richest man, Aliko Dangote, and founder, Tony Elumelu Foundation, Tony Elumelu, were among prominent Africans that yesterday, unanimously agreed…
View More Osinbajo, Elemelu, Dangote others harp business growth in AfricaNigeria’s .ng domain name hits 100,000
The adoption and use of the Country Code Top Level Domain name (ccTLD), Nigeria’s .ng, is on the upward swing, as the figure hits 100,…
View More Nigeria’s .ng domain name hits 100,000Nigeria committed to poverty reduction
Nigeria has introduced measures to shore-up employment in order to eradicate poverty and transform the nation’s economy. Mr Arnold Jackson, Assistant Director, Nigerian Export Promotion…
View More Nigeria committed to poverty reductionSell out if you can’t run the business: Osibanjo charhges DISCOS
Vice President, Prof. Yomi Osinbajo has told the electricity distribution companies (DISCOs) to invest and run their businesses profitable or sell to those who can,…
View More Sell out if you can’t run the business: Osibanjo charhges DISCOSKachikwu, Baru discuss better ways in petroleum industry
The Minister of State for Petroleum Resources, Mr. Ibe Kachikwu and the Group Managing Director of the Nigerian National Petroleum Corporation, NNPC, Mr. Maikanti Baru,…
View More Kachikwu, Baru discuss better ways in petroleum industry