China’s economy weakened to its slowest pace in three decades in 2019 as weaker domestic demand and trade tensions with the United States took their toll, official data showed Friday.
The Federation Accounts Allocation Committee (FAAC) has shared a total of N716.298 billion to the three tiers of government for the month of December, 2019.
President Muhammadu Buhari on Monday signed into law the Finance Bill 2019 (now Finance Act), which among other objectives, seeks to increase government revenue while supporting struggling small businesses in Africa’s largest economy.
Nigeria’s economy will grow by 2.1 per cent for three consecutive years covering 2020, 2021 and 2023, the World Bank has predicted.
An economist, Prof. Sheriffdeen Tella, on Friday urged the Central Bank of Nigeria (CBN) to pursue policies geared toward credit expansion for private sector in 2020.
The Federal Inland Revenue Service (FIRS) has announced a new Tax Clearance Certificate (TCC) regime which will make it easier for taxpayers to obtain their clearance certificate.
The momentum of activities at the Nigerian equities market has increased as investors opened up more orders in early positioning for the often-expected Santa Claus rally. Investors staked N15.5 billion on 1.38 billion ordinary shares in 14,528 deals last week, 32.3 per cent increase on total turnover volume of 1.04 billion ordinary shares valued at N14.63 billion in 14,974 deals traded in the previous week.
The federal government has trained another batch of 70 graduate youths in poultry production, processing and marketing in Oyo north senatorial district to enhance production skills and engage more youths in poultry farming. Apart from the training, the beneficiaries were also given starter parks; 100 birds, cages, 10 bags of feeds and other materials including cash worth over N200, 000, to assist them in starting and improving their businesses.
Nigeria’s consumer price index, which measures inflation, recorded the highest level in November since July 2018 when it rose to 11.85 percent from 11.61 percent in October 2019, the nation’s statistical agency, the National Bureau of Statistics (NBS), said on Tuesday.
In what may be termed an aggressive move to swell government’s revenue, the Federal Inland Revenue Service (FIRS) says it will begin a nationwide tax enforcement exercise on recalcitrant tax evaders on Wednesday, December 18 (today).
The National Bureau of Statistics said inflation increased to 11.85 per cent year on year in November 2019.
Experts have posited that the path to sustainable inclusive growth is the key to driving financial inclusion.
A Financial analyst and the chairman board of trustees of Chartered institute of Development and Social Studies, Mr Shae Bebeyi, has called on the federal government to shelve the idea of borrowing the proposed $22.7 billion saying it will at the long run create more hardships for Nigerians.
The Supreme Court has on Tuesday upheld the election of governor Samuel Ortom of Benue State and his Adamawa State counterpart, Ahmadu Umar Fintiri.
Shortly after the deputy speaker of Imo State House of Assembly, Okey Onyekanma, announced his resignation, the minority leader, Ekene Nnodimele, has also resigned.
The Federal Government has nominated Prof. Adebambo Adewopo, a foremost professor of Intellectual Property to lead the World Intellectual Property Organisation (WIPO).
The decomposing body of a businessman, Chief Ignatius Odunukwe, who was kidnapped two months ago by a robbery gang who posed as estate developers, has been recovered in a bush in an undisclosed area of Lagos, by policemen attached to the Zone 2, Onikan, Lagos.
Galaxy have yet to make an official announcement but former Manchester United and West Ham forward ‘Chicarito’ told the newspaper the time was right from him to swap Sevilla for Major League Soccer.
Civil Rights activist and former lawmaker, Senator Shehu Sani, has declared that his current travail in the hands of the Economic and Financial Crimes Commission (EFCC) was politically motivated and out of malice, saying he has not in any way begged the anti graft agency not to make public alleged audio recording between him and his accuser, Alhaji Sani Dauda.
The Chief Medical Director of the University College Hospital, Ibadan, Prof. Jesse Otegbayo, says privatisation of government-owned teaching hospitals will take quality and affordable healthcare out of the reach of many Nigerians.
Chelsea have discussed Edinson Cavani’s future with Paris Saint-Germain, but they have stopped short of making an official offer for the striker.
An EFCC Operative, Mohammed Goji, on Monday, told the Federal High Court, Abuja, that the commission did not conduct a thorough investigation into the defunct Pension Reformed Task Team (PRTT) headed by Abdulrasheed Maina to unravel members of the team drawn from other ministries, departments or agencies (MDAs) of government.
Nigeria’s Sodiq Yusuff says he hope to follow the footsteps of compatriots Israel Adesanya and Kamaru Usman to land UFC world title in the nearest future.