Data from the National Bureau of Statistics show Nigerians spent a N11.3 trillion in the third quarter of 2016 as household consumption expenditure. This was a whopping N1.79 trillion higher…
Summary of the top business, economic and political news in Nigeria today. The Minister of Finance, Mrs. Kemi Adeosun, has disclosed that tax defaulters in the country risk at least…
Most governments around the world have identified small businesses as a major catalyst for economic growth. However, small businesses cannot achieve this without some form of financial assistance. The Central…
An HMOis an acronym for a “Health Maintenance Organisation” in Nigeria. They are companies mandated solely to manage the provision of health care services through Health Care Facilities (Hospitals, Opticians,…
The Acting President, Professor Yemi Osinbajo will launch the Voluntary Asset and Income Declaration Scheme (VAIDS) to the nation on 29 June 2017, outlining the Federal Government’s plan to increase…
PTAD PTAD Boss, Sharon Ikeazor In line with the Act setting up the Pension Transitional Arrangement Directorate (PTAD), the Directorate has taken over certificates of occupancy of 28 properties located…
Following the deepening crisis between Etisalat and a consortium of 13 Nigerian Banks over a syndicated loan of about US$1.2 billion granted the telecom company by the banks, the Central…
Ahmed Idris AGF Ahmed Idris AGF The Federation Account Allocation Committee has shared a sum of N462.359 billion to the Federal Government, State Governments and Local Government Councils. The statutory…
Crude oil has edged up from multi-month low, but prices remained under pressure from a supply glut that has persisted despite the efforts led by the Organisation of Petroleum Exporting…
The Nigerian National Petroleum Corporation (NNPC) has finally offset its indebtedness of N450bn to the Federation Account. The Permanent Secretary, Federal Ministry of Finance, Mahmoud Isa-Dutse, confirmed the development at…