By YUSUF BABALOLA, As the first batch of the Nigeria Yam Export Programme (NYEP) to the United Kingdom left the Lagos port for the United Kingdom yesterday, the Managing Director of the Nigerian Ports Authority (NPA), Ms Hadiza Bala Usman promised to dedicate some terminals strictly for export. In a press...
By MARK ITSIBOR, Abuja The federal government has moved to increase the number of taxpayers in the country by 35 per cent or from the present 14 million to about 17 million in the next two years. To achieve that, the minister of finance, Mrs. Kemi Adeosun said the government has...
By YUSUF BABALOLA, The Comptroller-General of Customs, Hameed Ali, has raised the alarm that the federal government Executive Order of 24hours Ports operations at the nation’s seaports is under threat over dishonest declaration, non-compliance to import/export guidelines, poor documentation and prompt payment of import duty by clearing agents and importers. Ali,...
By Bukola Idowu, Lagos The Debt Management Office will today open the FGN Savings Bond auction for the month of June 2017, selling both two and three year papers to retail investors, according to its provisional bond issuance calendar. The debt office is however yet to issue an offer circular wherein...
Consortium of 13 banks involved in Etisalat Nigeria loan on Thursday refuted reports that they have taken over the operations of the company. A management source close to the banks who pleaded anonymity told the News Agency of Nigeria (NAN) in Lagos that there was no truth in the report...
Towards addressing the prevalent challenge of housing in Nigeria, Big Homes, an Abuja based real estate developing firm has said it is poised to accommodate Nigerians through affordable housing. The company which has carried out major constructions within the city, has built tastefully furnished houses ranging from Terraces, Flats ,...
Godwin Emefiele in three years as the governor of the Central Bank of Nigeria (CBN), has encountered several hurdles but still continue to wriggle the nation’s economy through by ensuring macroeconomic stability for the nation. As these efforts are being commended, it is clear he needs to do more,...
by OLUSHOLA BELLO, Lagos The Nigerian stocks market saw renewed profit taking activity with a decline of 1.16 per cent, yesterday, bringing to a halt previous nine days bull-run. In summary, the All Share Index (ASI) shed 378.00 absolute points, representing a decline of 1.16 per cent to close at...
By BUKOLA IDOWU, Lagos Africa’s richest man and President of the Dangote Group, Alhaji Aliko Dangote, has commended the recent policies of the Central Bank of Nigeria, saying they contributed immensely to the recovery of the country’s economy from recession. Particularly, he commended the governor of the apex bank,  Godwin Emefiele...
The National Pension Commission(PenCom) has finalised arrangements for the 2017 Pre-Retirement workshop targeted at staff of Ministries, Departments and Agencies (MDAs)  who are due to retire between January and December 2018. The workshop, which is designed to educate the attendees on the modalities for accessing retirement benefits under the Contributory...