Business and Economy

Ambode’s government reveals how much it makes monthly as IGR, targets N50bn in 2019

Ambode’s government reveals how much it makes monthly as IGR, targets N50bn in 2019

Ambode’s government reveals how much it makes monthly as IGR, targets N50bn in 2019
They kidnapped my mother and asked me to resign on TV - Okonjo-Iweala reveals why she didn't quit Jonathan's government

They kidnapped my mother and asked me to resign on TV - Okonjo-Iweala reveals why she didn't quit Jonathan's government

The former minister of finance under the Goodluck Jonathan's administration, Ngozi Okonjo-Iweala has revealed the reason she didn't thrown in the towel and resign despite all adversities during her two terms as minister.

They kidnapped my mother and asked me to resign on TV - Okonjo-Iweala reveals why she didn't quit Jonathan's government
Naira depreciates to N363/$ at parallel market

Naira depreciates to N363/$ at parallel market

The Naira has depreciated against the dollar at the parallel market in Lagos. The Nigerian currency lost one point to exchange at N363, while the Pound Sterling and the Euro closed at N496 and N429, respectively.

Naira depreciates to N363/$ at parallel market
FG generated N269.79bn as VAT in first quarter of 2018 - NBS

FG generated N269.79bn as VAT in first quarter of 2018 - NBS

The National Bureau of Statistics (NBS) has said that the federal government generated the sum of N269.79 billion as Value Added Tax (VAT) in Q1 2018 as against N254.10 billion generated in Q4 2017 and N221.38 billion in Q1 2017.

FG generated N269.79bn as VAT in first quarter of 2018 - NBS
2018 budget: What NMA said about the recent allocation to healthcare

2018 budget: What NMA said about the recent allocation to healthcare

The inclusion of one per cent of the consolidated revenue fund in the allocation to the health sector in the 2018 budget has been commended by the Nigerian Medical Association (NMA) and described as been monumental.

2018 budget: What NMA said about the recent allocation to healthcare
Zambia follows Nigeria's footsteps, signs contract for construction of its nuclear center

Zambia emulates Nigeria's nuclear energy policy as FG finalises modalities for new power plant

The nuclear center will be located 10 kilometers away from the capital of Zambia, Lusaka and the CNST will include a nuclear research facility based on a multipurpose research water-cooled reactor of up to 10 MW and others.

Zambia emulates Nigeria's nuclear energy policy as FG finalises modalities for new power plant
Naira appreciates against Euro, stays unchanged against Dollar, Pound

Naira appreciates against Euro, stays unchanged against Dollar, Pound

The Nigerian Naira on Thursday, May 17, retained its strengthened rate at the parallel market against Dollar and Pound. The Naira closed at N363 to a Dollar, while the Pound and the Euro traded at N500 and N428, respectively

Naira appreciates against Euro, stays unchanged against Dollar, Pound
Registering, doing business will now be superb, easy with the new bill passed by the Senate - Saraki

Registering, doing business will now be superb, easy with the new bill passed by the Senate - Saraki

The Senate on Tuesday, May 15, passed a bill to re-enact Companies and Allied Matters Act (CAMA) to make it possible for individuals to register their companies and spur more young people to start new businesses without stress.

Registering, doing business will now be superb, easy with the new bill passed by the Senate - Saraki
30 exotic vehicles, 9 trailers worth over N1.01bn recovered by Nigeria Customs in one month

Customs intercepts 30 exotic cars, others in Lagos, Ogun worth over N1bn

The anti-smuggling unit of the Nigeria Customs Service, FOU, Zone A, on Wednesday, May 16, said it had impounded 30 exotic vehicles, nine trailers and other with DPV of over N1.01 billion between Tuesday, April 10 and May 15.

Customs intercepts 30 exotic cars, others in Lagos, Ogun worth over N1bn
EFCC detains senator for receiving N303 million vehicles from oil mogul

EFCC detains senator for receiving N303 million vehicles from oil mogul

Senator Bassey Akpan who represents Akwa Ibom northeast senatorial district has been accused of receiving many vehicles worth N303 million from oil magnate, Babajide Omokore, who is under trial for alleged fraud.

EFCC detains senator for receiving N303 million vehicles from oil mogul
FCMB launches Flexx Entrepreneurship Masterclass series for Nigerian students

FCMB launches Flexx Entrepreneurship Masterclass series for Nigerian students

First City Monument Bank, FCMB has kicked off its Flexx Entrepreneurship Masterclass series. It held the maiden edition in the University of Ibadan while the University of Nigeria, Nsukka edition is scheduled for May 24-25, 2018.

FCMB launches Flexx Entrepreneurship Masterclass series for Nigerian students
Governors accuse NNPC of doubling petrol consumption daily

Governors accuse NNPC of doubling petrol consumption daily

The governors under the aegis of the Nigerian Governors' Forum on Wednesday, May 16, said the corporation doubled the daily consumption of petrol in the country from about 30 million litres to 60 million litres.

Governors accuse NNPC of doubling petrol consumption daily
GTBank launches redesigned corporate website

GTBank launches redesigned corporate website

Beyond the look and feel, GTBank’s website has a lot going for it with regards to updated features and functionalities. The new website is optimized for mobile devices, which means that you get a sleek, faster experience.

GTBank launches redesigned corporate website
FCMB attains ISO certification for quality management

FCMB attains ISO certification for quality management

Leading financial services provider, First City Monument Bank (FCMB), has been awarded the prestigious International Organisation for Standardisation (ISO) 9001:2015 certificate for Quality Management System...

FCMB attains ISO certification for quality management
See how a member of House of Reps in Borno empowered more than 5,000 youths (photos)

See how a member of House of Reps in Borno empowered more than 5,000 youths (photos)

Honourable Ahmed Usman Jaha, a House of Representatives member in Borno state on Wednesday, May 16, empowered more than 5,000 young persons with the new improved shoe shining kit, fully equipped with polish and brush.

See how a member of House of Reps in Borno empowered more than 5,000 youths (photos)
International investors hail Nigeria’s potential for growth and development under Buhari's government

International investors hail Nigeria’s potential for growth and development under Buhari's government

They said after taking into account the country’s huge market, a young population, the resilience and entrepreneurial drive of the people as well as the abundant human and natural resources, it has no doubt about it's potentials.

International investors hail Nigeria’s potential for growth and development under Buhari's government
See how much the CBN injected into the foreign exchange market to sustain stability

See how much the CBN injected into the foreign exchange market to sustain stability

The Central Bank of Nigeria (CBN), in order to sustain stability in the banking sector and the foreign exchange market, has injected $210m into the system with each dealer in the wholesale sector receiving N100m allocation.

See how much the CBN injected into the foreign exchange market to sustain stability
Start farming and avoid stories that touch, find out how this user is maximizing Farmcrowdy

Start farming and avoid stories that touch, find out how this user is maximizing Farmcrowdy

No wonder the vice president of Nigeria – Prof. Yemi Osinbajo even spoke about them on Channels TV on May 1st describing Farmcrowdy as a fantastic and innovative idea that is changing how people farm in Nigeria.

Start farming and avoid stories that touch, find out how this user is maximizing Farmcrowdy
How we helped Nigeria recover N1.08 trillion in a year - Commonwealth boss opens up

How we helped Nigeria recover N1.08 trillion in a year - Commonwealth boss opens up

Patricia Scotland said President Muhammadu Buhari was very clear on the repatriation of the funds, saying that it is a matter of pride to the Commonwealth to have been able to assist Nigeria in getting her money back.

How we helped Nigeria recover N1.08 trillion in a year - Commonwealth boss opens up
Buhari counts fake dollars as EFCC exhibits 'Juju', other recoveries made from fraudsters at its new office (photos)

Exhibition of 'Juju', others as Buhari counts fake dollars at new EFCC HQ (photos)

The Economic and Financial Crimes Commission during its eight annual general meeting and conference for heads of anti-corruption agencies in commonwealth Africa showcased various recoveries made from corrupt individuals.

Exhibition of 'Juju', others as Buhari counts fake dollars at new EFCC HQ (photos)
I was removed as head of state, detained for 3 years for fighting corruption - Buhari opens up after 33 years

I was removed as head of state, detained for 3 years for fighting corruption - Buhari opens up after 33 years

Stating that his administration has succeeded in recovering trillions of naira "stolen by those people without conscience', the president said denied allegations that his government embarked on witch-hunts in corruption fight.

I was removed as head of state, detained for 3 years for fighting corruption - Buhari opens up after 33 years
Promotion arrears gulp N34.2bn as FG prepares to settle inherited debts to contractors

Promotion arrears gulp N34.2bn as FG prepares to settle inherited debts to contractors

Kemi Adeosun, finance minister, said on Tuesday, May 15, that the federal government would settle all the inherited debts and contractual obligations to local contractors between 2006 and 2015 as she appeared before the Senate.

Promotion arrears gulp N34.2bn as FG prepares to settle inherited debts to contractors
7 benefits of the Nigerian Senate’s new CAMA bill (list)

7 benefits of the Nigerian Senate’s new CAMA bill (list)

NAIJ.com gathered that CAMA is the biggest business reform bill in Nigeria in over 28 years. This is another plus for the Dr Bukola Saraki-led 8th Senate, which have been consistent in passing progressive bills.

7 benefits of the Nigerian Senate’s new CAMA bill (list)
NAIJ.com
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