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NIPOST to be unbundled to six new firms – ex-minister

Nigeria is planning to restructure and commercialise the operations of its postal service, NIPOST, an ex-minister has said.
The meeting was attended by the Lagos State Governor Mr. Babajide Sanwo-Olu; Ekiti State Governor Dr. Kayode Fayemi; Oyo State Governor Mr. Seyi Makinde; Osun State Governor, Mr. Gboyega Oyetola and Governor Oluwarotimi Akeredolu.2

Rotimi Akeredolu emerges chairman of Southwest Governors’ Forum

Ondo State Governor, Oluwarotimi Akeredolu, has emerged chairman of the South West Governors’ Forum.
Estadio Santiago Bernabéu

Real Madrid overtake Manchester United as Europe’s most valuable club

Real Madrid has overtaken Manchester United as Europe's most valuable club according to new analysis from KPMG.
ICAEW

ICAEW: Nigeria needs clearer, more liberal, fiscal policies

To attract more foreign investments into the Nigerian economy, the policy environment needs to be strengthened by the implementation of more liberal and clearer policies.

FIRS: VAT designed to support poor Nigerians, not a burden

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has stated that Value Added Tax (VAT) is primarily designed to support poor Nigerians and not to create hardship for them, as it is charged on consumption and capacity to consume.

Local content: Federal government launches ‘Project 100’ to empower local firms

The Federal Government on Thursday launched a new programme, tagged ‘Project 100’, to promote 100 indigenous entrepreneurs in the oil and gas sub-sector of the economy.

Federal government to support expansion of 60 indigenous energy firms

The federal government has expressed its preparedness to support 100 indigenous oil and gas companies operating in Nigeria to overcome their existing market challenges and grow to become big energy conglomerates.
Dr Herbert Wigwe, Managing Director of Access Bank Plc

Herbert Wigwe: Fintech will transform financial services

Dr Herbert Wigwe, the Managing Director of Access Bank Plc., says Fintech in a few years, will change the face of financial services as the next big thing in Africa.

Federal government urged to review direction of debts to stimulate economic growth

Some economists on Friday called on the Federal Government to review the direction of the country’s debts, in order to spur productivity and economic growth.

Manchester United continue financial dominance over Manchester City

Manchester United have continued their financial dominance over Manchester City, per KPMG Football Benchmark.

AfDB approves $50 million to Fidelity Bank for SMEs

The African Development Bank (AfDB) has approved a $50 million line of credit to Nigeria’s Fidelity Bank Plc to support small and medium sized.
Liverpool FC

Liverpool ‘not for sale’ after £2 billion bid

Liverpool owners Fenway Sports Group insisted Friday the Premier League club is not for sale after details emerged of a failed £2 billion ($2.6 billion) takeover bid from a cousin of Manchester City owner Sheikh Mansour.

NAICOM to evolve NIIDP to boost financial inclusion

As part of efforts to deepen financial inclusion through insurance, the National Insurance Commission (NAICOM) is to launch Nigerian Insurance Industry Development Plan (NIIDP).

Alcohol manufacturers reject 500% excise duty hike

The Distillers and Blenders Association of Nigeria (DIBAN) says it rejects the new ”astronomical increase” in excise duty being imposed on domestic wines and spirits.

Manchester United named most valuable football team

Manchester United may have finished second in the English Premier League this season but the club is top of the table in terms of overall value, according to a report by accounting firm KPMG on Wednesday.

Lai Mohammed: Five revenue-generating agencies fail to account for N8.1 trillion under ex-President Jonathan

The Minister of Information and Culture, Alhaji Lai Mohammed, has said 15 revenue generating agencies of the federal government failed to remit N8.1 trillion to the Federation Account between 2010 and 2015.

National Economic Council asks NNPC, NCS, NPA, others to refund N8.13 trillion

The National Economic Council (NEC) comprising the federating states and government at the centre on Thursday raised the alarm that revenue generating agencies shortchanged the government of N526 billion and $21 billion amounting to N8.13 trillion between 2010 and 2015.

NEC: Revenue generating agencies underpaid N526 billion, $21 billion to government coffers

Various revenue generating agencies in Nigeria shortchanged the government of N526 billion and $21 billion between 2010 to 2015.

Recent Stories

Federal government charges new SEC board to sanitize capital market

The Federal Government on Monday inaugurated the reconstituted Board of the Securities and Exchange Commission (SEC), changing the new members to provide effective leadership in the capital market.
All Progressives Congress (APC) Nigeria

Oyo APC dares PDP to name those who went away with government vehicles

The All Progressives Congress (APC) in Oyo State has challenged the People’s Democratic Party (PDP) to either make public the identity of anyone in illegal possession of government property among the officials who served during the immediate past administration of Governor Abiola Ajimobi or stop spending available resources on cheap blackmail and shameful propaganda.
Torino exercised their option to buy Ola Aina from Chelsea for £8.7 million ($11m) after a successful campaign on loan, but this season has done more than secure a long-term club - it also sees the 22-year-old make the African Cup of Nations after disappointingly missing out on the World Cup.

Ola Aina: Great to provide assist for Odion Ighalo’s goal against Burundi

Super Eagles defender Ola Aina is delighted to provide the assist which led to the team’s 1-0 win in Saturday’s AFCON 2019 Group B match against the Swallows of Burundi.
The Nigerian Army on Monday dismissed as ‘untrue’ social media reports indicating the closure of the Maiduguri-Monguno Road.

Troops neutralise several bandits in Sokoto, lose a soldier

Troops have neutralized scores of bandits/kidnappers in Sokoto and arrested ransom collectors and informants working for them, the Nigerian Army said on Monday.

Akwa Ibom PDP senator charged with corruption

The Economic and Financial Crimes Commission (EFCC) has charged Albert Bassey, a senator representing Akwa Ibom North-east, with corruption.