Category: Economy
The 36 states of the federation grew their combined Internally Generated Revenue (IGR) by N360 billion in two years. They grew the IGR from N1.31 trillion in 2019 to N1.67 trillion in 2021. Chairman of ...
The Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami says the mandate of the service is to collect taxes due to the federation and the Federal Government. Nami, in a statement issued in Abuja ...
The Government of the Arab Republic of Egypt and the African Development Bank (AfDB) Group on Monday signed a memorandum of understanding on the hosting of the Bank Group’s 2023 Annual Meetings in May next ...
The Africa Fintech Foundry (AFF) says it is collaborating with the Central Bank of Nigeria (CBN) to support 10 startups, to increase the adoption of eNaira in the country. The Head of AFF, Mr Daniel ...
Mr Bello Hassan, the Managing Director, Nigeria Deposit Insurance Corporation (NDIC), has blamed the failure of banking institutions on the officers entrusted to look after them. Hassan said this at a three-day Capacity Building Workshop ...
The Badagry Port Development Ltd (BPDL), promoters of the newly approved Badagry Deep Seaport project, says the project under a Private-Public Partnership will create 250,000 jobs. Mr Oludele James Clinton, the Project Manager, BPDL, disclosed ...
The Nigeria Customs Service (NCS), has distanced itself from rumours making the rounds that a special auction of over 7000 cars would soon be held by the Service. The Public Relations Officer of Customs, Deputy ...
As the price of crude oil in the International market continues to rise in recent times, Nigeria has not been able to reap appreciable economic benefits. The price of crude oil, the country’s main revenue ...
The naira on Friday remained constant exchanging at N428.12 to the dollar at the Investors and Exporters window. The local currency remained unchanged at N428.12 to the dollar, same as the N428.12 traded on Thursday. ...
The naira on Thursday gained against the dollar at the Investors and Exporters window, exchanging at N428.12. The figure represented an increase of 0.25 per cent compared with N429.20 it exchanged for the dollar on ...
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