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Abuja residents, organisations must show tax clearance certificates before any transaction, Minister insists

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Abuja residents and organisations operating within must show their tax clearance certificates to carry out any transactions with the Federal Capital Territory Authority (FCTA)...
Business

Worrisome: Investors continue to shun Nigeria as debts climb, FDI drops 59% in a decade

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Data from the World Bank says Foreign Direct Investment (FDI) to Nigeria has nosedived by a staggering 58.98 per cent in 11 years. In its...
Business

Over 40 years after, Nigeria to pay another N350b as 11 bid for Ajaokuta Steel Company (+Video)

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After more than 40 years, 10 administrations - five military and five civilians - and billions of foreign and local currencies, the Nigerian government...
Business

How we may tinker with new cash withdrawal policy, by CBN Governor

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The cash withdrawal  policy is sacrosanct and already has the buy-in of President Muhammadu Buhari, the Central Bank of Nigeria Governor, Mr. Godwin Emefiele declared...
Business

Opposition to CBN’s cashless policy rises in National Assembly, House wants it quashed, summons Emefiele

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The House of Representatives has moved a notch higher in its reaction to the new policy of the Central Bank of Nigeria (CBN) pegging...
Business

Nigeria is best, most natural place for business in Africa, Osinbajo tells Vietnam’s President

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OSINBAJO HARPS ON WHY NIGERIA IS BEST PLACE TO INVEST IN AFRICA AT MEETING WITH VIETNAM’S PRESIDENT PHUC *VP says Nigeria is a fantastic opportunity...
Business

Starting Jan. 9, CBN pegs ATM withdrawals at N20,000 per day, N100,000 per week

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The maximum cash withdrawals through Automated Teller Machines (ATMs) has been pegged at N100,000 per week and N20,000 per day by the Central Bank...
Business

Angry Niger govt warns, ‘don’t touch hospitals, water board’ as AEDC disconnects power supply its offices over N1.3 billion debt

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The Niger State Government is not pleased with the Abuja Electricity Distribution Company (AEDC) for disconnecting electricity supply to Niger government, its ministries and...
Business

Budget Padding? Why we inserted N1.7 trillion projects in MDAs budgets – Minister

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The Minister of Finance and National Planning, Zainab Ahmed, on Tuesday confirmed including a total of N1.7 trillion in the budgets of some federal...
Business

So, when are we going to buy petrol for N400+ if NNPC petrol price without subsidy is N400/litre?

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If oil marketers insist that the lowest price the Nigerian National Petroleum Company (NNPC) Limited can sell petrol to them, if there is no...
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