Economy
Governors back sovereign wealth fund
State governors have at last approved federal government's proposal to launch a National Sovereign Wealth Fund with an initial $1 billion, ending…
Browsing: Economy
Economy
Economy
New Cabotage law will check revenue leakages — Speaker
The Speaker of Nigeria House of Representatives, Alhaji Aminu Tambuwal has said that the amendment of the Cabotage Act would check revenue…
Economy
Insecurity, CITN says Nigeria losing revenue
The Chartered Institute of Taxation of Nigeria (CITN) said that the challenges of security crisis in northern states could affect the country’s…
Economy
Dana plane crash: Local co-insurers to pay compensation on moral suasion
There are strong indications that the local insurers that insured the ill-fated Dana aircraft which crashed at Iju-Ishaga on Sunday, June 3,…
Economy
G20 announces winners of IFC-Managed G20 challenge on inclusive business innovation
The Group of 20 has announced the winners of the G20 Challenge on Inclusive Business Innovation, a global competition managed by IFC,…
Economy
Nigeria inflation drops in May
Nigeria's consumer inflation dropped to 12.7 per cent year-on-year in May, from 12.9 per cent in April, according to data released by…
Economy
Nigeria records N1.2bn loss to ETLS scheme — Custom
The Nigeria Customs Service says the Federal Government lost N1.2 billion to the ECOWAS Trade Liberalisation Scheme (ETLS) between January and May.…
Economy
Nigeria lacks technological capacity for utilisation of local raw materials – RMRDC
Director-General, Raw Materials Research and Development Council Prof. Peter Onwualu, has blamed inadequate technological capacity of Nigerians for the low level of…
Economy
No financial records on sold FG houses, says Fiscal Commission
The Fiscal Responsibility Commission (FRC), the agency charged with monitoring the use of public funds in government establishments, says it has no…
Economy
Value added production is what Nigeria needs not import substitution
President Goodluck Jonathan on Tuesday stirred the hornet’s nest with his Democracy day broadcast. He raised fundamental issues of the economy, some…
Economy
Why budget is delayed — FRA
By Omoh Gabriel The Fiscal Responsibility Commission has disclosed that the delays in the submission and approval of the Medium Term Expenditure…
Economy
International Chamber of Commerce Nigeria launches new arbitration rules
The International Chamber of Commerce (ICC) Nigeria has in Lagos launched the revised ICC Rules of Arbitration in Lagos. The launching, which…
Economy
AfDB AGM delegates seek governments enhance commitment toward competitive African economies.
Participants at the ongoing 47th annual general meeting (AGM) of the African Development Bank in Arusha, Tanzania, said that the demands of…
Economy
Nigeria immigration officials arrests 45 illegal Chinese textile traders
Nigeria immigration officials have arrested 45 Chinese illegal textiles traders in Kano and plans to deport them, the city's controller of immigration…
Economy
FG solicits private sector partnership in provision of water
The Federal Ministry of Water Resources on Wednesday called on the private sector to partner government in the provision of potable water.…