MTN, NFF Sign N500 Million Partnership Deal

Nigeria’s largest telecoms company, MTN, and the Nigerian Football Federation have announced the signing of a partnership valued at N500 million.   This was disclosed by...

Our Economic Growth Will Regress If FG Doesn’t Borrow To Invest, Says Finance Minister

Minister of Finance, Budget and National Planning, Zainab Ahmed, says the 5.01 percent GDP growth recorded in the second quarter of 2021 will regress...

EFCC Asks Banks To investigate Customers’ Sources Of Income Before Opening Accounts

The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has urged banks in the country to investigate the sources of income...

Micro-Finance Banks Dealing In Forex May Lose License, CBN Warns

The Central Bank of Nigeria has warned micro-finance banks to steer clear of whole­sale banking and foreign ex­change transactions. The apex bank said those who...

FIRS Appeals Rivers High Court Ruling On VAT Collection

The Federal Inland Revenue Service says it has appealed the judgment of the Federal High Court in Port Harcourt, Rivers State, concerning the Value...

Court Declares FG’s Collection Of Value Added Tax Illegal

The Federal High Court sitting in Port Harcourt, has declared that it is the Rivers State Government and not the Federal Inland Revenue Services...

CBN Releases Guidelines For Establishing Payment Service Holding Companies

Green infrastructure to improve lives of African informal settlements - expert The Central Bank of Nigeria (CBN) on Tuesday released guidelines for the establishment and...

Call, Data Costs May Rise As NCC Revises Telcos’ Spectrum Price

The Nigerian Communications Commission (NCC) is carrying out amendments of telecom operators’ Annual Operating Levy Regulations (AOL) and the Frequency Spectrum fee and price.   The...

Nationwide Blackout Hits Homes, Businesses As Electricty Grid Collapses Again

Electricity distribution companies have confirmed a fresh breakdown of the national grid following extended hours of power outage experienced in many parts of the...

Capital Importation Falls 54% To $875m In Q2’21

The value of capital importation into the country fell quarter-on-quarter ,QoQ, to $875.62 million in the second quarter of this year (Q2’21). This represents a...
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Why Buhari’s Govt Has Been Borrowing —APC

The ruling All Progressives Congress (APC) has said the Buhari administration is obtaining loans to finance the deficit in the 2021 budget and develop...

Army Will Talk To Terrorists, Bandits, Others In Language They Understand, Says COAS

The Nigerian Army is set to talk to terrorists, bandits, kidnappers and other perpetrators of violence in the language they understand. This was disclosed by...

VAT: Wike Goes To Supreme Court

The Rivers state government has asked the Supreme Court to set aside the ruling of the Abuja Court of Appeal that ordered parties to...