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FG to save $1bn as NNPC ends crude oil swap

The Minister of State for Petroleum Resources and Group Managing Director of the Nigerian National Petroleum Corporation, Dr. Ibe Kachikwu,…
Ogbeh

CBN agrees 5% lending rate to farmers – Ogbeh

The Minister of Agriculture and Rural Development, Chief Audu Ogbeh, said the Central Bank of Nigeria (CBN) had agreed to…

Oil Price Crash: ICT as cost cutting measure for oil, gas firms

The management of MainOne’s Tier III Data Center, MDX-i is lending its voice to the call by the Office for…

Nigeria, Angola turn to World Bank for help as oil revenue slides

Nigeria and Angola, Africa’s two biggest oil producers, are both in talks with the World Bank about support to help…

Eradicate corruption from maritime industry, Senate tells agencies

The Senate Committee on Marine Transport, on Monday urged government maritime agencies to support President Muhammadu Buhari’s administration in eradicating…

We can do without oil to build a solid economy – Osinbajo

Despite the drop in oil prices, Nigeria has everything it needs to build and sustain a vibrant economy, Vice President,…

2016 budget is achievable – Udoma

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, has assured that the 2016 budget was be achievable…

Delta produces 2.2 million metric tones of cassava annually

okowa Chief Austin Chikezie, Delta Commissioner for Agriculture and Natural Resources, has said that the state produces an average of…

Why we are investing in Chi Limited – Coca Cola

Coca-Cola has explained why it has decided to invest in Chi Limited, the leading dairy and juice company in Nigeria,…
Godwin Emefiele, CBN Governo

Edo to massively benefit from CBN N143m intervention fund

No fewer than 377 cooperative societies in Edo have been selected to benefit from the N143 million Micro, Small and…

Ban importation of foreign fabrics, Textile Industry tells FG

Zamfara Textile industry on Sunday urged the Federal Government to ban import of foreign fabrics to revive the nation’s ailing…

Coca-Cola buys 40% stake in Nigerian juice maker Chi

Coca-Cola has bought a 40 percent stake in Nigerian juice and snack producer Chi Ltd, it said on Saturday, as…

Customs Marine Command destroys 350 cartons of poultry products

The Western Command of the Nigeria Customs Service (NCS) in Lagos destroyed 350 cartons of poultry products valued at N1.1…

FIRS Director arrested for tax fraud

The Economic and Financial Crimes Commission, EFCC, has arrested Abumere Joseph Osagie, deputy director, regional tax office, Federal Inland Revenue…

Fidson, GB Pharma Holdings plan expansion in Nigeria

The leading and publicly traded Nigerian pharmaceutical company, Fidson Healthcare Plc, says it is addressing Nigeria’s pharmaceutical needs by entering…

Banks, hotels, schools sealed over tax evasion

The Anambra State Government in eastern Nigeria has sealed off at least 35 buildings in the industrial town of Nnewi…

KPMG, SIAO to audit NNPC, NIMASA, NPA, 78 other agencies

Audit firms, KPMG and SIAO will carry out forensic audit on 81 revenue generating agencies in Nigeria including NNPC, NIMASA,…

Airtel commissions retail outlet in National Assembly complex

As part of its commercial strategy to deepen its retail presence as well as deliver telecoms services to the doorsteps…

Buhari to make agriculture mainstay of Nigeria’s economy

The Chairman, Senate Committee on Agriculture, Senator Abdullahi Adamu, has expressed confidence that the President Muhammadu Buhari administration will reposition…

Ondo State, GTBank, Etisalat, others win Consumersng Awards

Ondo State, GTBank, Jumia, Etisalat are among 16 other corporate entities/governmental bodies listed as the 20 Consumer Brands of the…

Nigeria’s parliament orders tax payments from oil traders

(Reuters) – Nigeria’s parliament ordered three local oil traders to pay taxes it says they owe the country for crude…

Buhari rejects devaluation, says ‘I won’t kill the Naira’

President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people…
Minister Abubakar Malami says President Buhari's administration has achieved significant success in its fight against corruption

FG fixes Feb. 2 for confab on financial fraud

The Federal Government will hold a stakeholders’ conference on Financial Fraud, Cyber Crime and Cross-border Crimes on February 2 and…

Court consents to Honeywell’s request for expedited hearings

The suit between Honeywell Flour Mills Plc. and Ecobank Limited came up for hearing before the Lagos Division of the…

Wike urges France to invest in Rivers agriculture

Okafor Ofiebor/Port Harcourt Rivers State Governor, Nyesom Wike has urged France to invest in Rivers State agriculture sector with a…
Godwin Emefiele, CBN Governo

FG to make N66.1bn from stamp duty in 2016

The Federal Government is targeting an additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on…

Oil spill compensation: Tee Mac sues NOSDRA

Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Nigeria, has ordered that all court processes filed in a…

FG, states, LGs get more money to share

eosun The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja said that N387.8 billion was shared among the…

Lawyer docked over failure to file tax return

Jethro Ibileke/Benin‎ A Benin-based lawyer, Kingsley Obamogie, was Tuesday dragged before a Mobile Revenue Court sitting in Benin, by the…

Landlady arrested for connecting water well to NNPC pipeline

Cyriacus Izuekwe A 59-year-old landlady, Mrs Floyinka Ayinda has been arrested and detained at Idimu division for her alleged role…
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