Economy
Private sector seeks government’s intervention on VAT remittance
Following the controversy between the Federal and State Government on Value Added Tax (VAT), especially as today’s penalty-free period ends...
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SMEDAN Empowers 145 Entrepreneurs In Bauchi
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN)has empowered 145 entrepreneurs in Bauchi State. Training of the entrepreneurs...
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Headline inflation drops to 17.01% in August — NBS
The National Bureau of Statistics, NBS, said headline inflation dropped to 17.01 per cent in August. This represents a 0.37...
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DMO alerts on default as debt hit N35.5 trillion
The country’s national debt stock hit N35.5 trillion at the end of June 2021, the Debt Management Office (DMO) revealed...
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Nigeria spends N1.47tn on petrol imports in six months
The amount spent on the importation of Premium Motor Spirit (petrol) in the first half of this year jumped to...
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Trade ministry kicks against role interference in PIA
The Ministry of Industry, Trade and Investment has frowned at the recently enacted Petroleum Industry Act (PIA) stating that it...
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Nigeria’s foreign trade deficit narrows to N1.9 trillion
Nigeria’s foreign trade deficit narrowed by 110.9 per cent to N1.87 trillion in the second quarter (Q2) compared with the...
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FG procures planes for geophysical survey in 19 states
The Federal Government, yesterday, took delivery of two aircraft to kick-start airborne geophysical activities for aerial survey and data collection...
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FEC Approves N84.6b For Airports’ Projects, Odukpani-Itu-Ikot Ekpene Road
The Federal Executive Council (FEC) has approved over N5 billion for various contracts in Lagos, Abuja, Kano and Katsina airports. The...
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FEC approves $2.5m, N498.2m for 4 power projects
THE Federal Executive Council, yesterday, approved a total sum of $2,541,689 and N498,230,281 for four projects in the Ministry of...
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