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,...

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Why INEC Reschedules 2019 General Elections 

The Independent National Electoral Commission (INEC) has announced the postponement of the 2019 general elections earlier scheduled for Saturday 16, 2019. This is following a...

Nigeria Decides: EFCC Releases Hotlines To Report Electoral Fraud [List Of Phone Numbers]

The Economic and Financial Crimes Commission (EFCC) has published hotlines, where Nigerians with authentic information that can lead to the arrest of culprits of...

Bauchi: Police Bar VIPS With Security Details From Polling Units

The Bauchi State Police command have barred political appointees and other dignitaries from bringing their escorts to polling units during Saturday’s presidential and National...

INEC Begins Distribution Of Sensitive Materials In Imo

…stakeholders express worry over late commencement The distribution of sensitive materials for the Presidential and National Assembly elections started in Imo State at about 1.30pm...

IPOB Makes U-Turn On Election Boycott

Leader of Indigenous People of Biafra (IPOB), Nnamdi Kanu, has called off the proposed boycott of elections by his ground in the entire South-East...