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All posts tagged "featured"

  • No tax clearance, no payments by government – Buhari

    President Muhammadu Buhari on Thursday said his administration would not make any payments, no matter how small to individuals or companies which are unable to provide evidence of tax compliance from the Federal Inland Revenue Service (FIRS)....

    • Posted May 14, 2016
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  • Flexible forex policy coming – Osinbajo

    Vice President Yemi Osinbajo has said the country is substantially re-evaluating its foreign exchange policy, adding that a flexible approach should be expected soon. “We expect that with a more flexible policy, we will be able to...

    • Posted May 13, 2016
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  • Petrol price will go down in six months – Kachikwu

    The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, has said Nigerians will be amazed at what will become of the price of Premium Motor Spirit in the next six months. The Federal Government had on...

    • Posted May 13, 2016
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  • Nigeria loses 400,000bpd as Shell declares force majeure

    With the declaration of force majeure on Bonny Light exports by Shell Petroleum Development Company of Nigeria Limited, about 400,000 barrels per day of Nigeria’s production has now been shut in. Force majeure is a legal clause...

    • Posted May 13, 2016
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  • NCC plans licensing of additional InfraCos

    Following the licensing of two Infrastructure Companies (InfaCos) for Lagos and the North Central, the Nigerian Communications Commission (NCC) has said it is on the verge of licensing additional five InfraCos for other regions, in order to...

    • Posted May 13, 2016
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  • 1.6% of Budget not enough for Agriculture Ministry – Ogbeh

    The Minister of Agriculture and Rural Development, Audu Ogbeh, has said its allocation of 1.6 per cent of the approved budget for his ministry is not sufficient to drive the much needed diversification the country needs. He...

    • Posted May 13, 2016
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  • CBN unveils guidelines for non-interest MFBs

    The Central Bank of Nigeria (CBN) wednesday released a draft guidelines on the regulation and supervision of non-interest (Islamic) micro finance banks (MFBs) in the country. A Non Interest (Islamic) Financial Institution (NIFI) means a bank under...

    • Posted May 13, 2016
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  • Nigerian banks not over-regulated – Oduoza

    The Group Managing Director/Chief Executive Officer of the United Bank for Africa (UBA) Group, Mr. Phillips Oduoza, has said that the perception that the Nigerian banking sector is over-regulated is not true, adding that the industry remains...

    • Posted May 13, 2016
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  • 60% women to benefit from CBN’s N220bn Empowerment Fund

    About 60% of Nigerian women are to benefit from the N220 billionloan scheme rolled out by the Central Bank of Nigeria to strengthen micro small and medium scale enterprises(MSME) in the country. A CBN official, Mr.Babatunde Ogunlaja...

    • Posted May 13, 2016
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  • Group urges farmers, miners to embrace railways

    Rail Connect Service has advised firms and individuals doing agribusiness, including farmers and nomads, to move their raw materials and products by rail, especially for long distance journeys, to reduce transportation cost and ensure maximum safety of...

    • Posted May 12, 2016
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