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Minister Rotimi Amaechi spearheads national policy on blue economy – Dakuku Peterside

The Director-General, Nigerian Maritime Administration and Safety Agency (NIMASA), Dr Dakuku Peterside, said the Minister of Transportation, Mr Rotimi Amaechi, has initiated plans to create a national policy on Blue Economy.

Federal govt canvasses efforts for technologically productive economy

Federal Ministry of Science and Technology has called for collaboration with state governments, private sector and development partners to make the nation’s economy technologically productive.

Nigeria remains investors’ choice – IMF

The International Monetary Fund (IMF) has said Nigeria remains investors’ choice, saying, it was pleasantly surprised to receive numerous indication of interest by investors eager to invest in Nigeria.

US companies contributed N34 billion to Nigeria’s tax revenue – survey

A recent Economic impact survey of United States companies operating in Nigeria has shown that such business interests contributed over N34.4 billion to the nation’s tax revenue in 2016.

Nigeria’s trade balance hits N1.2 trillion as imports decrease by 10.51 percent

Nigeria’s trade balance peaked at N1.23 trillion in the third quarter of 2017, indicating the highest figure posted since 2014, the National Bureau of Statistics (NBS) has said.

Nigeria’s export value rises 13.19% to N3.57bn in Q3

The National Bureau of Statistics has said that Nigeria’s total exports in the third quarter of 2017 stood at N3.57bn, showing 13.19 per cent increase over the amount recorded in the second quarter.

Federal govt’s priority is creating better environment for investments – Udoma Udoma

The Minister of Budget and National Planning, Senator Udoma Udo Udoma, says Nigeria’s priority is to create a better environment for businesses to thrive in the country.

Ex-central bank deputy chief Obadiah Mailafia advocates implementation of economic policies

Dr Obadiah Mailafia, former Central Bank of Nigeria (CBN) Deputy Governor says that implementation of various economic policies in the country will help to grow the economy.

Fitch cuts Nigeria’s GDP growth forecast to 1 percent

A global rating agency, Fitch, has cut its 2017 economic growth forecast for Nigeria to one per cent from 1.5 per cent.

Why Nigeria’s tax-to-GDP ratio is low – Kemi Adeosun

The Minister of Finance, Kemi Adeosun, explained reasons why Nigeria has a low tax-to-GDP ratio.

Nigeria’s capital importation hits $4 billion in third quarter of 2017 – NBS

The total capital imported in the third quarter has hit $4.1 billion dollars, which doubled the inflow in the second quarter, representing an increased value of 147.5 per cent on a year- on- year basis.

Import ban on 41 items attracted $10 billion investment – CBN chief Godwin Emefiele

The Governor of Central Bank of Nigeria, Godwin Emefiele has said that Nigeria has attracted investment worth $10 billion following the import prohibition policy imposed on 41 items.

FIRS hits 79.35 per cent of 2017 collection target in 10 months – Babatunde...

The Federal Inland Revenue Service (FIRS), on Monday in Abuja, said it generated N3.233 trillion in 10 months, an amount that represented 79.35 per cent of its collection target for 2017.

Federal govt deploys 1,700 tax officers to 33 states – Kemi Adeosun

The Federal Government has recruited and trained 2,190 Community Tax Liaison Officers (CTLOs) under the Voluntary Assets and Income Declaration Scheme (VAIDS) out of which 1,700 have been deployed to 33 states to raise tax awareness in the respective states.


Recent Posts

Suspected gunmen allegedly kill army colonel in Benue

Suspected gunmen on Sunday allegedly killed a senior military officer who was said to be in transit along Katsina Ala/Takum highway in Benue State.

Suspended Spanish FA chief Angel Maria Villar blames govt for World Cup threat

Suspended president of the Spanish football federation Angel Maria Villar blamed Spain’s government for a FIFA threat that could lead to the country being thrown out of next year’s World Cup in Russia.

Long queues resurface in Lagos, petrol hawkers back

Lagos residents on Monday saw the return of long queues at petrol filling stations, the News Agency of Nigeria (NAN) reports.

Governor Okowa signs Delta’s N308 billion 2018 budget into law

Governor Ifeanyi Okowa on Monday signed the Delta State 2018 Appropriation Bill of N308 billion into law, with an assurance that his administration will ensure full implementation of the budget.

PENGASSAN suspends nationwide strike

Oil workers under the aegis of the Petroleum and Natural Gas Senior Staff Association of Nigeria have called off a planned nationwide strike.

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Nigeria treasury bills extend rally as sell-off, new issues weigh

Yields on Nigeria’s mid-dated treasury bills rose nearly 1 percentage point to 12 percent on Friday, extending a three-day rally as a sell-off which started this week continued, traders said.

Israeli jets hit Hamas posts in Gaza

Israeli war jets used air-to-surface missiles to strike two Hamas military posts in the northern Gaza Strip early Monday in retaliation for an earlier rocket strike from Gaza, the Israel Defense Force (IDF) said.

“One Lagos Fiesta” to splash cash on talented youngsters

Lagos State Government pledged to give out cash prizes to talented youths in the areas of music, dance and comedy at the forthcoming “One Lagos Fiesta” scheduled to hold from Dec. 24 to Jan. 1, 2018.

Overuse of antibiotics in farming major new threat to human health – UN

The overuse of antibiotics in farming has been highlighted as one of the biggest emerging threats to human health, spreading resistance to vital drugs and endangering millions of lives.

South Africa’s ANC gathers to choose leader to replace Jacob Zuma

South Africa's governing African National Congress (ANC) is preparing to choose a new party leader to succeed President Jacob Zuma.