The cost of revenue collection by key revenue-generating agencies of the Federal Government rose by N108.98bn between 2019 and 2021. Specifically, data from the National…
View More FIRS, others’ revenue collection cost rises by 49%, hits N329bn
Category: Business
Customs bow to pressure, suspend e-valuation of imported vehicles
The Federal Government through the Nigeria Customs Service on Monday announced a 31-day suspension of the controversial electronic valuation system for imported vehicles, also known…
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Nigeria Air: FG requests for proposals for the establishment of a national carrier
The Federal Government of Nigeria has announced a request for proposals for the establishment of a national carrier. This was disclosed in a statement on Monday morning…
View More Nigeria Air: FG requests for proposals for the establishment of a national carrier
TCN increases bulk power supply capacity to Lagos
The Transmission Company of Nigeria (TCN) has announced an increase in its capacity to supply bulk electricity to some parts of Lagos and its environs. …
View More TCN increases bulk power supply capacity to Lagos
Oil could hit $150 per barrel if the West sanctions Russia’s energy exports
Since Russia began its special military operation in Ukraine, the United States and other European nations have been reluctant to sanction Russia’s oil and gas…
View More Oil could hit $150 per barrel if the West sanctions Russia’s energy exports
NNPC releases additional 381.8 million litres of fuel, queues lessen
The scarcity of Premium Motor Spirit, popularly called petrol, has refused to abate despite claims by the Nigerian National Petroleum Company Limited that it has…
View More NNPC releases additional 381.8 million litres of fuel, queues lessen
World Bank projects N4tn 2022 fuel subsidy, experts predict more loans
The Country Director, World Bank, Shubham Chaudhuri, says Nigeria’s decision to postpone the full deregulation of the downstream sector of the petroleum industry by 18…
View More World Bank projects N4tn 2022 fuel subsidy, experts predict more loans
Agricultural sector is Nigeria’s saving grace – Emefiele
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has expressed satisfaction with the high level of interest in the Nigerian agricultural sector and…
View More Agricultural sector is Nigeria’s saving grace – Emefiele
Building collapse: UBEC partners COREN to monitor projects in states
The Universal Basic Education Commission (UBEC) has partnered the Council for the Regulation of Engineering in Nigeria (COREN) to ensure delivery of quality projects undertaken…
View More Building collapse: UBEC partners COREN to monitor projects in states
Subsidy may jump by 100% as FG’s benchmark oil price doubles
The projected oil price of the Federal Government of $62/barrel as contained in the 2022 Appropriation Bill has almost doubled going by the current global…
View More Subsidy may jump by 100% as FG’s benchmark oil price doubles