BUSINESS
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VAT Increase Will Boost Nigeria’s Declining Oil Revenue, Says IMF
Amine Mati, a senior resident representative with the International Monetary Fund (IMF) and mission chief for Nigeria, has said that…
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Three Branches of Access Bank Sealed Off
The Kaduna State Internal Revenue Service (KDIRS) has sealed off three branches of Access Bank in Kaduna metropolis over non-remittance…
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See The Food Items Exempted from VAT In 2020 Budget by FG
10 food items have been exempted from the proposed Value Added Tax according to the 2020 Appropriation Bill submitted by…
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First Bank Partners NESG, Hosts 25th Nigerian Economic Summit
As a demonstration of its commitment to create an enabling environment and opportunities for the promotion of sustainable growth and…
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External Reserves Fall by $3.2 billion in 2019 Third Quarter
Nigeria’s external reserve has fallen by $3.22 billion from $45.07 billion as at end of June 2019 to $41.85 billion…
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Insurance Sector Loses N192 Billion Yearly To Fake Motor Insurance Agents–NIA
Data obtained from the Nigerian Insurers Association (NIA) has shown that the insurance sector loses about N192 billion yearly as a result of fake motor insurance…
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Social media ads spend continue to overtake print ads budget globally
Social media advertising will see 20% in ad spend boost in 2019 and will account for 13% of all global…
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FG, States, LGs Allocation For 2020 Drops by N2.01 Trillion
The allocation to the three tiers of government from the federation account would drop by N2.01 trillion in 2020 according…
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Why Nigerian Power Sector Records N2.2 billion Loss
The Nigerian power sector recently recorded an estimated N2.2 billion loss according to a daily energy report by the Advisory…
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Buhari Endorses AfDB President, Akinwunmi Adesina For Second Term
President Muhammadu Buhari has endorsed and nominated the President of African Development Bank (AfDB), Akinwunmi Adesina for a second term…
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