Groups petition EFCC over alleged $3.8b contract fraud

A youth body, Nigerian Young Professionals Forum (NYPF) and Connected Development (CODE) have submitted a petition to the Economic and Financial Crimes Commission (EFCC) over alleged 3.8billion dollars contract awarded to Samsung Heavy Industries (SHI). […]

Nigeria imports 165.7m litres of gas

The National Bureau of Statistics (NBS) has released a report showing that Nigeria imported165.71 million litres of Liquefied Petroleum Gas (LPG) in the second quarter of 2018.. The NBS disclosed this in its “Petroleum Products […]

States fail to remit N41bn VAT to FIRS

The National Economic Council (NEC) has announced that most states in the federation have failed to remit N41billion in Value Added Tax (VAT) to the Federal Inland Revenue Service (FIRS) FIRS Chairman, Babatunde Fowler, disclosed […]

Glo gives free data to mark 15th anniversary

Nigeria’s first indigenous telecommunications network, Globacom, on Wednesday introduced 125 per cent free data for all subscribers to mark its 15th anniversary. Unveiling the product, named ‘Ogasim’, Glo Regional Chief Marketing Officer, Ashok Isran, said […]

Kemi Adeosun appointed NBET chairman

Minister of Finance, Kemi Adeosun has been appointed as the Chairman of the Nigeria Bulk Electricity Trading Company (NBET). The Acting President, Prof. Yemi Osinbajo who announced Adeosun’s appointmment, also made the disclosure of the […]

Return of Bank of the North

The 19 Northern states governors have kick-started a fund-raising drive to reinvigorate the Bank of the North which was merged with some financial institutions about a decade ago. In my understanding, it is a good […]

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