Federal, States, Local Governments Share N443.6 Billion For July
Federal, States and local governments have shared N443.6 billion as revenue realized in July. This was made known at a news briefing by the...
About 160 Million Nigerians Don’t Pay Tax, Joint Tax Board Reveals
The Join Tax Board in Nigeria has revealed that out of about 170 million Nigerians, only 10 million are paying taxes to the government.
A...
CBN Re-Admits United Bank For Africa Into FOREX Market
The Central Bank of Nigeria (CBN) has re-admitted the United Bank for Africa (UBA) Plc into the FIREX market, effective from Thursday, August 25.
The...
Nigeria Proposes 2017 Budget On The Basis Of $42.50 Per Barrel Of Oil
Nigeria's government has approved a 3-year spending plan, assuming a benchmark oil price of $42.50 per barrel in 2017 and production at 2.2 million...
CBN Angry With 9 Banks Over Unremitted NNPC $2.12 Bn, Bars Them From Forex...
Central Bank of Nigeria (CBN) is not happy with nine commercial banks in Nigeria over none remittance of the sum of $2.12 billion from...
Nigeria Needs $7 Billion To Develop Its Mines And Steel Industry – Minister
Solid Minerals Development Minister Kayode Fayemi has said that Nigeria is looking for investments of $7 billion in mining and steel over the next...
CBN Governor, Emefiele, Emerges President Of Association Of African Central Banks
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin I. Emefiele, has been elected as President of the Association of African Central...
Lagos, Now An Oil Producing State
Lagos has emerged as an oil producing state, the first outside the Niger Delta region. It is Aje oil wells 1, 2, 4 and...
Yes, Nigerians Are Extremely Frustrated Because Of Harsh Economy, Finance Minister Admits
Nigeria’s minister of finance, Mrs. Kemi Adeosun has admitted that because of harsh economic situation, Nigerians are frustrated, which is why the Muhammadu Buhari...
Buhari To African Central Banks: Avoid “Fit For All Purposes” Financial Prescriptions From Abroad
President Muhammadu Buhari has charged Central Banks in Africa to continue to look for original home-grown solutions to the numerous financial and economic challenges...
