Currency

Abdulkhdir Baba Hassan, the president of the Niger State Chamber of Commerce Industries Mines and Agriculture, has attributed the low patronage of the 17th Niger National Trade Fair by investors, exhibitors, states and local governments to the security situation in the northern part of the country. Hassan, who made this known at the opening of […]

The Federal Inland Revenue Service (FIRS) says the country’s taxpayers will soon increase to 45 million. Wahab Gbadamosi, the head, communications and SERVICOM department, in a statement in Abuja on Monday said the Executive Secretary, Joint Tax Board (JTB), Mr Oseni Elamah, disclosed this at the presentation of the new Taxpayer Identification Number (TIN) Registration […]

The National Bureau of Statistics (NBS) said the internally generated revenue (IGR) of 36 states and the Federal Capital Territory (FCT) for fourth quarter 2018 was N324.59 billion compared to N264.34 billion recorded in third quarter of the same year. NBS disclosed this in “IGR at State Level for Fourth Quarter and Full Year 2018” […]

THE African Development Bank (AfDB) has so far invested $258 million towards the rehabilitation of damaged infrastructural facilities in the Northeast region of the country. Akinwunmi Adesina, the President of AfDB,  disclosed this when at the end of a visit to president Moahammadu Buhari in Abuja. He said the affected areas of the intervention included […]

The dollar edged up against a basket of its key rivals on Tuesday with investors erring on the side of caution as they looked for more concrete signs of stabilisation in the global economy. With most currencies staying within well-trodden trading ranges ahead of European and Chinese data, the Australian dollar was the surprise loser […]

The Nigeria Employers’ Consultative Association (NECA) has called for the deregulation of the downstream sector of the oil and gas industry to boost the economy. Timothy Olawale, the director general of NECA,at a stakeholders’ meeting of manufacturers  in Lagos, said except fuel subsidy was removed, Nigerians would continue to suffer intermittent scarcity. He said the […]

The Nigeria Employers’ Consultative Association (NECA) Wednesday appealed to the federal government to stop deducting stamp duty charges from bank customers in the country. Timothy Olawale, director general of NECA, made this request while fielding questions from reporters in Lagos. According to Olawale, the Central Bank of Nigeria (CBN) and the Nigerian Postal Service (NIPOST) […]

A total of N25.4 billion was disbursed in 2018 to facilitate the exportation of non-oil products including cashew and sesame seeds among other,Isaac Okoroafor, tthe director, corporate communicationsd Department, Central Bank of Nigeria (CBN),, has said. He disclosed that 509 beneficiaries have accessed credits from the N60.8 billion provided under the Agric-Business/Small and Medium Enterprises […]

President Muhammadu Buhari will tomorrow launch the micro pension scheme in Abuja. The micro pension plan, which is an initiative of the National Pension Commission (PenCom) is aimed at the provision of pension services to self-employed persons in the informal sector and employees of organisations with less than three staff.  PenCom, the regulatory body for […]