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Nigeria has ordered foreign oil and gas companies to pay nearly $20 billion in taxes it says are owed to local states, industry and government sources said, in a move …
Oil majors to pay over $20bn in back taxes Read MoreSouth Africa will bail out state utility Eskom with 69 billion rand ($4.9 billion) over three years, the centrepiece of a budget on Wednesday that exposed the limited room President …
South Africa pledges $5bn Eskom bailout as budget creaks Read MoreThe Minister of Budget and National Planning, Sen. Udoma Udo Udoma says Nigeria’s economy is firmly on the path of growth. Udoma, in a statement in Abuja said, the country’s …
Economy on growth path – Udoma Read MoreThe Chartered Institute of Transport Administration (CIOTA) has called on the Chartered Institute of Logistics and Transport (CILT), Nigeria to proffer solutions to the numerous challenges of transportation in the …
CIOTA seeks CILT collaboration to end transportation woes Read MoreAs Nigerians go to polls this weekend, President Nigerian Institute of Building (NIOB), Mr Kenneth Nduka has called on candidates in the exercise to give priority to the development of …
NIOB sets housing agenda for candidates Read MoreAgriculture is the highest contributor to global warming in Nigeria, a recent research conducted by the Federal Ministry of Science and Technology says. This research debunks the long-time general assumption …
Agric, highest contributor to global warming in Nigeria – Research Read MoreAgainst the backdrop of harsh indignities of persistent neglect visited on the non-oil export sector by successive governments, any plan to overcome the wilful policy lethargy inflicted on that vital …
NEXIM: Pushing the niddle of detour in export economy Read MoreThe presidential candidate of the Peoples Democratic Party (PDP), former Vice President, Atiku Abubakar yesterday lamented the increasing number of job loss and insisted that President Muhammadu Buhari and his …
10m job loss: Buhari must go – Atiku Read MoreSaudi Arabia’s Crown Prince Mohammed bin Salman said the kingdom’s main sovereign wealth fund (PIF) will surpass its target of increasing its financial clout to $600 billion by 2020, as …
Saudi Arabia targets $600b Sovereign Wealth Fund Read MoreIn a bid to optimise performance and deliver on all its projected programmes for the year, the Nigerian National Petroleum Corporation (NNPC) is evolving measures to implement its 2018 …
NNPC reviews budget implementation strategies Read MoreAccountant-General of the Federation, Ahmed Idris, has stated that the balance in Excess Crude Account (ECA) as at April 23, stood at $1,829,862,047.42. A statement signed by Laolu Akande, …
Excess Crude Account hits $1.8bn – AG Read MoreDirector-General, Debt Management Office (DMO), Mrs. Patience Oniha, on Friday in Lagos disclosed that a total N400 billion securities have been released into the economy by the federal government …
DMO injects N400bn into economy Read MoreThe Nigeria Labour Congress has said it will resist any act of violence against women across the country, saying violence against any woman is violence against the society. NLC President, …
Labour vows to resist violence against women Read MoreThe Nigeria Customs Service (NCS) has arrested four suspects in Sokoto who allegedly smuggled 589 bags of imported rice concealed in a petrol tanker. The Comptroller of NCS in Sokoto, …
Customs intercepts 589 rice bags concealed in petrol tanker Read MoreMinister of the Federal Capital Territory (FCT), Malam Muhammad Musa Bello, has inaugurated the reconstituted management board of FCT Water Board and charged them to give priority attention to ongoing …
Bello inaugurates reconstituted water board Read MorePresident Muhammadu Buhari on Tuesday said the present administration would continue in its efforts until the recorded improvement in the nation’s economic indexes translate to visible improvement in the life …
Buhari launches Economic Growth and Recovery Plan focus labs Read MoreNational Woman Leader of All Progressives Congress, Dr. Ramatu Tijjani Aliyu, has advocated for gender mainstreaming, just as she observed that sustainable development is impossible without addressing the adversity …
APC woman leader makes case for gender mainstreaming Read MoreAjaokuta Steel Complex, located in the central senatorial district of Kogi state, was established about three decades ago, through Decree No. 19, to accelerate the development of the nation’s steel …
Comatose Ajaokuta Steel Coy as woes of host communities Read MoreMinna A lecturer and the Director of Research at the Ibrahim Badamasi Babangida University Lapai, Prof. Nuhu Obaje, has noted that the under utilisation of gas had been detrimental to …
‘Gas under-utilisation detrimental to economy’ Read MoreThe Acting Director Corporate Communications of the Central Bank of Nigeria (CBN), Mr. Isaac Okorafor has attributed the steady growth of Nigeria’s foreign reserves to the import substitution policy of …
Foreign reserves now $42.8bn – CBN Read MoreMakurdi Ebonyi state governor, David Umahi has said the security challenge in Benue state was a delicate one and must be handled with open mind and all seriousness. Umahi made …
Benue herders, farmers’ clashes delicate case – C’ttee Read MoreMany believe that for NIPOST to function effectively, it must be free of government control. Analysts are of the opinion that continued government control have retarded the once vibrant agency, …
Why FG should privatise NIPOST Read MoreVice President Yemi Osinbajo on Monday presided over the first meeting of the Economic Management Team for the year 2018. The meeting was held inside the Presidential Villa, Abuja. Osinbajo …
Osinbajo chairs first economic management meeting of 2018 Read MoreBy Emeka Nze Abuja Former Vice President, Alhaji Atiku Abubakar, has expressed the hope that this year will bring out the empowerment of Nigerians and that through increased job opportunities …
New Year: Atiku rekindles hope on Nigeria Read MoreBy Emeka Nze Abuja The Peoples Democratic Party (PDP) has thumbed down for President Muhammadu Buhari’s New Year address describing it as a failed attempt to claim credit for the …
‘Presidency claiming credit for PDP’s achievements’ Read More