Business

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

Oyedele at UNGA: ‘Africa needs affordable capital to finance infrastructure’

The Minister of Finance and Coordinating Minister of the Economy, Mr. Taiwo Oyedele, has called for a major shift in the global approach to financing Africa’s development, urging the international community to make affordable, long-term capital available for infrastructure and energy projects across the continent. Oyedele, who made the call at the United Nations Dialogue […]
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Naira gains 38kobo as reserves increase by $123.8M

Naira gains 38kobo as reserves increase by $123.8M

The naira, yesterday, appreciated by 38 kobo to N360.27 per dollar in the Investor and Exporter (I&E) Foreign Exchange Window, even as the external reserves recorded a $123.8 million increase in nine days.

Value Added Tax rises to N251bn in Q3- NBS

Value Added Tax rises to N251bn in Q3- NBS

The National Bureau of Statistics (NBS) has disclosed that revenue generated from Value Added Tax (VAT), increased by 1.73 per cent in the third quarter, Q3’17 to N250.6 billion.

Communication Ministry to spend N158.3m on travelling, fumigation

Communication Ministry to spend N158.3m on travelling, fumigation

The Ministry of Communications Technology and  one of its affiliate parastatals the Nigeria Communications Satellite Limited, NigComSat  has proposed to spend N158.3 million for  travelling, fumigation, refreshment and miscellaneous purposes in the 2018 fiscal year.