The World Bank-assisted Community and Social Development Programme (CSDP) has earmarked N500 million for provision of support to 50 communities affected by Boko Haram insurgents in Borno.

MINISTER of Labour and Employment, Senator Chris Ngige, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed and the Head of Service, Dr Folashade Yemi-Essan and the labour leaders on Wednesday met at the Ministry in Abuja to resolve the controversy over the consequential adjustment for senior government workers. 

The Federal Government, yesterday, defended its decision to increase Value Added Tax, VAT, rate to 7.5 per cent from five per cent, stating that the review should have been done nine years ago.

Dr Babatunde Fowler, the Chairman, Federal Inland Revenue Service (FIRS) has called on corporate organisations and philanthropists to support the activities of the police in the country.

The crucial market indices of the Nigerian Stock Exchange (NSE) on Tuesday sustained bearish sentiment for six consecutive trading sessions.

Some financial experts have commended President Muhammadu Buhari for the early presentation of 2020 Budget to the National Assembly.

BY: Chioma Onuegbu – Uyo Governor Udom Emmanuel of Akwa Ibom state has proposed a total budget estimate of N 597, 800 for the 2020 fiscal year before the state House of Assembly. This is made up of N111.225billion for Recurrent Expenditure, N369.642 billion for Capital Expenditure. and N116.933billion as Consolidated Revenue fund charges. The […]

The share of the aviation and tourism sector in United Arab Emirates’ (UAE) economy will be more than double in the next two decades to 128 billion dollars. An official of the International Air Transport Association (IATA) said this on Tuesday. Currently, they contribute 47.4 billion dollars to the UAE’s gross domestic product (GDP), accounting […]

THE volume of US dollars traded (turnover) in the Investors and Exporters (I&E) window of the foreign exchange market dropped to $11.4 billion in the third quarter of 2019 (Q319). 

TURNOVER in the fixed income and currency market has risen by 41.9 percent following re-allocation of funds from the equities market to more secured asset classes.

THE level of compliance in terms of timely submission of financial results by corporate entities listed on the Nigerian Stock Exchange, NSE, may have significantly improved as the number of defaulters in the first half of 2019, H1’19, dropped by 80 percent to three from 15 in the corresponding period of 2018, HI’18.

President Muhammadu Buhari has nominated Dr Akinwunmi Adesina for re-election as the President of African Development Bank (AfDB). Akinwunmi, while speaking at an event in Lagos on Sunday, appreciated Buhari for nominating him for re-election for a second term as president of the bank. According to Adesina, Nigeria has invested so much in me. “When […]

AHEAD of the presentation of the 2020 Appropriation Bill to the joint session of the National Assembly tomorrow, Senator Gershon Bassey has said that the nation’s economic growth which was less than three per cent was poor. 

Nigerian bank, Ecobank Nigeria Limited has advocated continuous collaboration by all stakeholders in the fight against cybercrimes in the country. In his welcome address at the second general meeting of Nigeria Electronic Fraud Forum (NeFF) in Lagos, Patrick Akinwuntan, Managing Director, Ecobank Nigeria, said the activities of cybercrimes has assumed a high dimension, stressing that […]

The Ogun government, on Saturday, inaugurated a project committee for the anchor borrowers’ Scheme in the state, as part of efforts to boost agriculture in the state. The News Agency of Nigeria (NAN) reports that the inauguration was performed by Dr. Adetunji Oredipe, the Special Adviser to the Governor on Agriculture in Abeokuta. Oredipe noted […]