The Federal Government has charged the Federal Inland Revenue Service (FIRS) to ensure it recovers all stamp duties collected on behalf of the Federal Government but...
The World Bank has approved a $750 million International Development Association credit for Nigeria’s Power Sector Recovery Operation. This was contained in a statement issued by...
The power Distribution Companies (DisCos) has said that out of the N1.8 trillion so far injected into the power sector, they have only accessed N58 billion...
The minister of power, Sale Mamman, said the proposed electricity tariff increase by the federal government will kick off in July. While the Nigerian Electricity Regulatory...
The Organisation of Petroleum Exporting Countries and its allies, led by Russia, have agreed to extend their record output cuts by one month. OPEC and...
The Presidential Task Force on COVID-19 says high transport cost will characterise the Nigerian economy as the lockdown occasioned by the coronavirus pandemic becomes eased across...
The House of Representatives ad hoc Committee investigating non implementation of pay-as-you-go package by DSTV and other satellite providers in the country has assured Nigerians of...
Nigeria’s budget deficit has risen from N1.847 trillion to N4.563 trillion, it was learnt on Monday. The deficit figure captured in the original 2020 budget before...
The Central Bank of Nigeria (CBN) has reduced interest rates on its facilities through participating Other Financial Institutions (OFIs) from 9% to 5% per annum for...
As the COVID-19 pandemic continues to ravage the economy, the Lagos State Internal Revenue Service (LIRS) has further extended the deadline for filing of Annual Tax...