Business

Nigeria Generates N338.94bn From VAT In Q1 2020

Nigeria Generates N338.94bn From VAT In Q1 2020

Latest data released by the National Bureau of Statistics (NBS) has revealed that Nigeria generated N338.94 billion from Value Added…
NCC Clarifies Reports Of ‘Switching On’ 5G Network In Lagos

NCC Clarifies Reports Of ‘Switching On’ 5G Network In Lagos

Nigerian Communications Commission (NCC)  has clarified reports making rounds on social media that telecoms industry will switch on Fifth Generation…
Buhari Approves Committee To Deliver Ajaokuta Steel

Buhari Approves Committee To Deliver Ajaokuta Steel

President Muhammadu Buhari has approved the constitution of Presidential Project Implementation Team (APPIT) for the completion of the Ajaokuta steel…
Foreign Investors Can Transfer Their Funds – CBN Assures

Foreign Investors Can Transfer Their Funds – CBN Assures

Foreign investors in Nigeria, interested in repatriating their funds are guaranteed to get their money despite the effect of COVID-19…
Buhari Appoints Alwan Ali Hassan As BOA Acting MD

Buhari Appoints Alwan Ali Hassan As BOA Acting MD

President Muhammadu Buhari has approved the appointment of Alwan Ali Hassan as the acting managing director of the Bank of…
Nigeria’s Foreign Reserve Realise $449.5m In 7 Days

Nigeria’s Foreign Reserve Realise $449.5m In 7 Days

Nigeria’s external reserves realised $449.5m in one week, indicating growth for the first time in about 10 months. According to…
Buhari Appoints Zainab Ahmed As New NBET Board Chairman

Buhari Appoints Zainab Ahmed As New NBET Board Chairman

President Muhammadu Buhari has appointed Minister of Finance, Zainab Ahmed as the new Board Chairman of the Nigeria Bulk Electricity…
Kingsley Obiora Appointed New NEXIM Boss

Kingsley Obiora Appointed New NEXIM Boss

One of the Central Bank of Nigeria’s Deputy Governors, Kingsley Obiora has been named as the new Chairman of Nigeria…
Just In: CBN Suspends Lay-offs In Banks

Just In: CBN Suspends Lay-offs In Banks

The Central Bank of Nigeria has suspended the laying off of staff going on in commercial banks. The apex bank…
FG Disburses N43.4bn To 24 States

FG Disburses N43.4bn To 24 States

The Federal Government has disbursed a total of N43,416 billion ($120.6 million) as performance-based grants to 24 states. A statement…
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