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.
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.
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.
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.
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.
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
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.
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.
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.
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.
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.
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.
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...
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.
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.
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.
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.
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.
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.
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.
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.
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.