Nigeria’s apex Bank, the Central Bank is set to hold a Tweet meeting aimed at informing and educating Nigerians on the efforts being made by the Bank to grow the economy, especially against the backdrop of the country’s exit from recession in the last quarter of 2017. The meeting is...
Nigerians, who own properties in the United Kingdom, have inundated the Federal Ministry of Finance’s Voluntary Assets and Income Declaration Scheme (VAIDS) hotlines with calls, causing the lines to crash on Friday. A source at the VAIDs office, told the News Agency of Nigeria (NAN) that the unprecedented level of...
Finance Minister, Kemi Adeosun said on Thursday that there is no hiding place for tax defaulters in the country any more. She expressed regret that no fewer than 56 million Nigerians, who should be paying taxes, are not paying. Mrs Adeosun spoke in Enugu during a sensitisation programme on the Voluntary Assets and...
The Central Bank of Nigeria (CBN) on Thursday revealed through its released Purchasing Managers Index (PMI) report  for January that  expansion of economic activities persisted in January. According to the report, 29 of the 34 sectors surveyed recorded expansion in January. The report stated: “The Manufacturing PMI in the month of...
The Senate of the federal republic of Nigeria has expressed great concern over the widespread usage of Bit-coin, a form of Crypto-currency and other ponzi schemes across the country. This was consequent upon a motion moved by Senator Benjamin Uwaiumogu (Imo North), who expressed concern that Nigerians were freely advised,...
The National Bureau of Statistics (NBS) has disclosed that the nation’s inflation rate slowed down to 15.37 per cent in 2017, making it the 11th consecutive decline year-on-year since January 2017. The Bureau, in its Consumer Price Index (CPI) December 2017 report, said inflation rate slowed by 0.53 per cent...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said that petrol allocations by the Nigerian National Petroleum Corporation (NNPC) to Ibadan Depot was grossly inadequate. Alhaji Raimi Tayo, Chairman, Ibadan Depot of IPMAN, lamented that independent marketers hardly load 12 trucks daily. Tayo said that the situation was causing...
The Central Bank of Nigeria (CBN) ​on Monday threatened to impose N10,000 daily fine on banks and other electronic payment service providers that fail to renew its operating licence within the regulatory deadline. ​This is contained in a circular titled, “Re: Sanctions on erring banks/e-payment service providers for infractions of...
The Central Bank of Nigeria (CBN) has revealed that total deposits by the federal, state governments, financial institutions, among others increased by 4.7 per cent to N20.6 trillion in November from N19.67 trillion in October 2017 (LEADERSHIP). The CBN, performing one of its key mandate as government banker, also keep...
The three tiers of government, federal, state and local, have shared a total of N609.958 billion being revenue generated in the month of November 2017. The figure is higher by N77.21 billion than the N532.758 billion shared for October. The gross statutory revenue of N549.532 billion was available for the month,...

Recent Posts

Most Popular

FG Excited Over Firm’s $600m Investment In Iron Ore, Steel Production

....to generate 36MW of power The Federal Government at the weekend, expressed excitement over firm's $600million (N183 billion) investment in an integrated iron ore mining processing...

Only Discredited Elites Are Against PMB – Osinbajo

Vice President Yemi Osinbajo yesterday launched the campaign logo of President Muhammadu Buhari’s support groups, saying the president’s return to power in 2019 is...

Northern Elders Forum Divided Over PMB’s Re-election Bid

There were indications yesterday that the second term bid of President Muhammadu Buhari may have torn the Northern Elders Forum (NEF) apart ahead of...

Obaseki Assures Inclusive Devt For 90,000 People In Evbobanosa, Abudu

The Edo State Governor, Mr. Godwin Obaseki, has assured that his administration will collaborate with communities in Evbobanosa and Abudu to drive inclusive development...

Hope brightens for improved security in Edo as Obaseki unveils security architecture, trust fund

…3 APCs, 90 patrol vehicles, 30 motorcycles, 1000 volunteers for launch Dec. 13 …Gov sets aside N2bn for Security Trust Fund to bolster policing The Edo...