All posts tagged "featured"

• 
  FG lost N2.5tn on stamp duty in 2014 – NIPOST

  The Federal Government lost over N2.5tn to the non-implementation of the Stamp Duty Act in the financial sector in 2014, the Nigerian Postal Service has said. It said this in a document on the stamp duty, which...

  • Posted February 5, 2016
  • 0
• 
  Nigeria’s debt rises by N1.31tn in one year

  Nigeria’s debt burden rose by N1.31tn in one year, the Debt Management Office has said. Official statistics released by the DMO in Abuja on Wednesday showed that the country’s total debt rose from N11.24tn as of December...

  • Posted February 5, 2016
  • 0
• 
  National Assembly to pass 2016 budget February 25

  The National Assembly is expected to pass the 2016 Appropriation Bill on February 25. The House of Representatives also said on Wednesday that the N6.07tn proposed by the executive as the total size of the budget would...

  • Posted February 5, 2016
  • 1
• 
  Kerosene scarcity persists despite deregulation

  Despite the stoppage of kerosene subsidy by the Federal Government, the product is still not readily available at filling stations, particularly those run by independent and major oil marketers, who allege that the Nigerian National Petroleum Corporation...

  • Posted February 5, 2016
  • 0
• 
  Nigeria attracts global attention in indigenous software development

  Global attention beams on Nigeria as Stanford University, California provides a platform for about 40 business leaders in the West Africa sub-region to analyse the successes of SystemSpecs, Nigeria’s software powerhouse and operator of the Central Bank...

  • Posted February 5, 2016
  • 0
• 
  NCC, ALTON differ on InfraCos survivability

  The Association of Licensed Telecommunications Operators of Nigeria (ALTON) has emphatically stated that the planned licensing of five additional Infrastructure Companies known as InfraCos, in addition to the two previously licensed for the North Central and Lagos...

  • Posted February 5, 2016
  • 0
• 
  AMCON engages forensic auditors for Aero Contractors

  As part of efforts to diagnose factors that have continued to hinder the profitability of Aero Contractors, the Asset Management Corporation of Nigeria (AMCON) said it has appointed forensic auditors to look into the activities of the...

  • Posted February 5, 2016
  • 0
• 
  No excuses on N5tn revenue target – Adeosun warns FIRS

  A day after the revenue target for the fiscal year was unveiled, the Minister of Finance, Mrs. Kemi Adeosun, wednesday handed down the marching orders to the Federal Inland Revenue Service (FIRS) to deliver on the N4.957...

  • Posted February 5, 2016
  • 0
• 
  Nigeria hits 5,000MW power generation mark

  The Transmission Company of Nigeria (TCN) has disclosed that Nigeria has for the first time in the history of her electricity generation profile, generated about 5,074 megawatts (MW) of electricity. The TCN, through its System Operator department,...

  • Posted February 5, 2016
  • 0
• 
  Reps, Kachikwu disagree over NNPC’s crude swap deals

  The Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, and members of the House of Representatives exchanged words on Tuesday over the controversial crude oil for refined products exchange contracts between the Nigerian National Petroleum Corporation...

  • Posted February 4, 2016
  • 2