BUSINESS
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GSM tax: Telecomm subscribers to pay extra N261bn
The Nigerian Senate has proposed the Communications Service Bill be passed into law and if that eventually happens, telecom subscribers…
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Nigeria, South Africa sign 10-year visa agreement for frequent travelers
Nigeria and South Africa have reached an agreement on issuing 10-year visas to businessmen, academics and frequent travellers.
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Debit Accounts of Loan Defaulters, CBN Directs Banks
The Central Bank of Nigeria (CBN) has finally granted Deposit Money Banks the approval to directly debit bank accounts belonging to loan defaulters across…
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Seven Oil Companies Face Senate Probe
Seven international oil companies in Nigeria will be investigated by the Senate. The lawmakers have instructed three committees to probe…
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FIRS Revenue Rises to N1.6 Trillion in 2 years
Revenue generation by the 36 states of the federation has risen from N800.02 billion in 2016 to N1.6 trillion in…
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South Africa, Nigeria sign 30 trade deals
Nigeria and South Africa on Thursday, October 3, 2019 signed 30 trade and cooperation agreements. This is coming weeks after…
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MetProm Group Identifies Main Problems of Ajaokuta Steel Company
Russian-based firm, MetProm Group, has concluded an assessment of the Ajaokuta Steel Complex which the company intends to take charge of. MetProm identified some outstanding issues…
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BREAKING: Senate Adds N727 Billion To 2020 Budget
The Senate after a robust debate on Thursday, approved all the 16 recommendations contained in the report of the National…
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Fashola Explains Why FG Returns Tollgates After Sixteen Years
Sixteen years after the administration of Olusegun Obasanjo dismantled tollgates on Federal highways, President Muhammadu Buhari is planning to revive it as the Federal Government…
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Developing Nations’ Debt Hit $7.8 Trillion– World Bank
World Bank International Debt Statistics report for 2020 have revealed that the total external debt of low- and middle-income countries has…
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