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Reps approves N579.6BN FCTA 2023 budget as Minister sets up committee to harmonise tax collection

The House of Representatives has approved the sum of N579,693,907,532.00 for the Federal Capital Territory Administration (FCTA) as its expenditure for the 2023 fiscal...

Benue govt to benefit from FG stamp duty receipts

The Benue State Governor, Samuel Ortom, has disclosed that the State Government is to benefit from the N2.3trn being receipts from stamp duties that...

Why we borrow so much,, way out, reveals Buhari as he inaugurates Dangote Refinery

President Muhammadu Buhari on Monday acknowledged that Nigeria's economy has faced significant challenges over the years which have occassioned huge borrowings, deficits in economic...

Niger governor lays stone for Zuma Rock city, laments how foreigners are destroying monuments

Governor Abubakar Sani Bello of Niger State has called on the Federal Government to protect national heritage sites and monuments that are being destroyed...

No respite as inflation rate rises again in Nigeria

Nigeria's headline inflation rate for the month of April 2023, has risen 0.18% above that of March 2023 to 22.22%, figures released by the...

Battle of the business gods: How I was made to leave Transcorp and UBA – Otedola

Billionaire businessman, Femi Otedola, says the Chairman of the United Bank for Africa (UBA), Tony Elumelu, “quietly” bought his shares in the bank when...

Why FG shifts removal of fuel subsidy, NEC praises Osinbajo

The federal government) has shelved plans to remove subsidy on Premium Motor Spirit (PMS), commonly called petrol, until a new administration takes over the...

Court nullifies sections of CAMA 2020 for infringing on citizens’ fundamental rights 

A Federal High Court (FHC), Abuja has nullified some sections of the Companies and Allied Matters Act (CAMA), 2020 considered to infringe on the...

Nigeria pushes on with $800m loan, named deputy chair of Commonwealth ministers group

Finance ministers from various Commonwealth countries have called for a systemic reform of the global financial architecture to enhance access to development financing for...

Court reverses Buhari’s sack of Ararume as NNPCL Chairman, awards N5B against the President, NNPC

By Yemi Oyeyemi, Abuja. A Federal High Court in Abuja on Tuesday restored Senator Ifeanyi Godwin Ararume as non-executive Chairman of the Nigeria National Petroleum...

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