States, LGs meet RMAFC, demand higher revenue allocation
State governments and local governments on Monday asked the Revenue Mobilisation Allocation and Fiscal Commission to increase their shares of the federal allocation. Representatives of
Author : Our Reporter
Nigerians pay N2.8tr bills electronically, transfer N19.4tr with mobile phones
Statistics from the Nigeria Inter-Bank Settlement System (NIBSS) have revealed a 53 per cent rise in the values of bills paid online, otherwise known as
We are yet to get fuel at official price, says IPMAN
Queues at filling stations across the country may continue for a longer time as the Nigeria National Petroleum Company Limited (NNPCL) is yet to begin
Economist: don’t devalue naira to close gap between official, parallel forex rates
An Economist and the Chief Consultant of B. Adedipe Associates Limited (BAA Consult), Dr. Biodun Adedipe, has warned the Central Bank of Nigeria (CBN) against
Olusanya: Nigeria needs to implement effective tax system, boost FX revenue
The Vice Chairman of the Nigerian Economic Summit Group (NESG), Mr. Omoboyede Olusanya has urged the federal government to implement an effective tax system and
Nigeria’s projected crude oil production short by 283m barrels, $24.5bn revenue in 2022
Nigeria’s crude oil production when put side by side its expected output of 1.88 million barrels per day in 2022, was short by a whopping
FG set to resume work on major highways, restores road barricades
The federal government has announced that contractors on major highways were set to resume work after the Christmas/New Year break, stressing that to ensure order,
Chevron: No Plan to halt operations in Nigeria
Chevron Nigeria Limited (CNL), operator of the joint venture with the Nigerian National Petroleum Limited (NNPC), has said it has no plan to exit the
CBN injects $15.3bn to stabilise naira
The Central Bank of Nigeria injected $15.3bn into the economy to stabilise the value of the naira from January to October, 2022. This was obtained
PoS operators rule out service charge hike
The Association of Mobile Money and Bank Agents in Nigeria has said there are no plans to increase service their charges following the Central Bank
