The federal government said it has lifted the administrative suspension on processing Pioneer Status Incentives (PSI) applications, following the conclusion of critical reforms to the incentive regime.
The Central Bank of Nigeria (CBN) has disclosed that Naira currency in circulation dropped by 5.6 per cent to N1.77 trillion in July 2017.
The IATA representative noted that this situation had forced many airlines in the past to terminate their operations into Nigeria due to non-remittance of their money for sale of tickets.
The President of the Senate, Bukola Saraki, has stated that the inability to access finance, inadequate power supply and the underdeveloped transport systems are major factors hindering millions of productive but unemployed and underemployed youths from starting small businesses.
UBS Wealth Management’s Chief Investment Office (CIO) has launched a new report on Africa’s sovereign credit prospects, an important benchmark used to evaluate the risk of investing in a country.
The Managing Director, Nigeria Sovereign Investment Authority (NSIA), Uche Orji, said on Monday that contributors to the Sovereign Wealth Fund will be eligible to dividends from 2018.
The Nigerian National Petroleum Corporation, NNPC, said on Monday the nation’s current crude oil production had risen to 2.35 million barrels per day.
Trading activities resumed for the week on Monday still on a positive mood with the All-Share Index improving by 0.27 per cent.
The Minister of State for Petroleum Resources, Emmanuel Ibe Kachikwu, says Nigeria has lost about $60 billion to the non-enforcement of the terms of the Production Sharing Contracts signed between the federal government and the international oil companies.
Capt. Emmanuel Iheanacho, the Chairman, Integrated Oil and Gas Ltd., has appealed to Federal Government to compel financial institutions to make funds available to indigenous companies willing to build modular refineries.
A lawmaker, Sen. Stella Oduah, has urged Nigeria National Petroleum Corporation to put an adequate metering system in place to enable Nigerians to know the country’s exact daily oil production.
The Federal Government on Monday announced the lifting of the administrative suspension Pioneer Status Incentives, following the conclusion of critical reforms to the incentive regime.
Chief Angus Uzoamaka, an Abuja-based insurance broker, has urged the Federal Government to consider tax relief for industries operating in Nigeria in order to boost economic development.
The Bank of Industry (BoI) has disbursed a fresh N21 million loan to 438 traders in Bauchi State.
Ndi-Igbo Germany, an umbrella body of Igbo people living in Germany on Monday tendered an unreserved apology to the former Deputy President of the Senate, Senator Ike Ekweremadu, over the weekend attack on him by members of the proscribed Indigenous Peoples of Biafra in Nuremberg, Germany.
The Kaduna State Governorship Election Petition Tribunal has adjourned sitting on Monday after counsel adopted their final written addresses and replies to points of law.
Chairman Senate Committee on Local Content, Senator Teslim Folarin, has said the committee will ensure that every multinational company in Nigeria complies with 30 per cent involvement of Nigerians in the top management positions.
Former deputy Senate president, Ike Ekweremadu, has advised South East leaders to feel free to travel abroad, saying his attack on Saturday by members of the outlawed IPOB did not represent the behaviour of the larger Igbo people in the diaspora.
Former Deputy President of the Senate, Senator Ike Ekweremadu, Monday said that members of the Indigenous Peoples of Biafra, IPOB, who attacked him weekend in Nuremberg, Germany, were under the influence of alcohol and drugs.
A retired Assistant Inspector General, AIG, of Police, Ambrose Aisabor, says so long as there is no proper sharing of information among security agencies, the rivalry would remain a regular occurrence.
A group, Coalition of Like Minds, has expressed optimism that the candidate of the All Progressives Congress, (APC) for Okitipupa/Irele federal constituency in the House of Representatives, Albert Akintoye, (SOT) will emerge victorious at the Appeal Court following the recent ruling in favour of the party.
Former Tottenham Hotspur striker Darren Bent believes Everton's new signing Alex Iwobi lacks the quality to succeed at Goodison Park.
Miffed by the attack on the immediate past Deputy Senate President, Senator Ike Ekweremadu, in Nuremberg, Germany, on Saturday, the House of Representatives is contemplating a legislation that would protect politically exposed people abroad.
A woman and her child were the first two cases confirmed with Ebola in Congo’s South Kivu region this week, opening a new front in the fight against the outbreak.