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The Petroleum Products Pricing Regulatory Agency (PPPRA) says that taxation of petroleum products like fuel, diesel, kerosene and gas holds a huge revenue potential for Nigeria....
The Manufacturers Association of Nigeria (MAN) has urged government institutions to patronise locally made goods and services. The President of MAN, Dr Frank Jacobs, made the...
Zenith Bank Plc has again been rated Nigeria’s most customer-focused bank by the leading Advisory and Consultancy firm, KPMG. In the 2016 edition of the annual...
Secretary to the Government of Nigeria (SGF) Mr Babachir Lawal said in Abuja that Nigerians living abroad remitted $21 billion to the economy in 2015. Lawal...
The naira Wenesday depreciated at the parallel market by N7 against the dollar. Vanguard investigation showed that the parallel market exchange rate rose from N268 per...
Executive Secretary, Nigeria Extractive Industries Transparency Initiative (NEITI) Mr Waziri Adio said that Nigeria lost over $5.9 billion in 2013. Adio said at a forum in...
Central Bank of Nigeria has said that it has no immediate plan to sell Skye Bank saying it has issued guarantees to depositors as well as...
Nigeria’s economy is likely to contract by 1.8 per cent this year, the International Monetary Fund (IMF) restated yesterday in its global economic outlook released in...
Sterling Bank has dumped Keystone Bank after finding it unsuitable and is now focused on raising funds as it considers other acquisitions, its chief finance officer...
President Muhammadu Buhari has approved the replication of the Central Bank of Nigeria (CBN)’s Anchor Borrowers’ Programme (ABP) in 14 States following the success story of...
—-recurrent stood at 73% —-capital and transfer 18 per cent —- Federally-collected revenue, N1.26859trn, —-drop in oil and non oil revenue —- total allocation to states...
Bank of Industry (BoI) weekend, said that Nigerians must get serious with its economic diversification effort and stop paying lip service to the economy. The bank...
Less than a week after Lagos State Government directed all its Agencies, Ministries and parastatals to increase business relationship with Skye Bank, another State of the...
Nigerian inflation accelerated to the highest rate in almost 11 years in June, complicating the task of the central bank in an economy which is at...
Guaranty Trust Bank, Stanbic IBTC and Keystone Bank have been queried by the Accountant General of the federation for violating the Treasury Single Accounts (TSA) guidelines...