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Business

FEDERAL GOVERNMENT COMMENCES COLLECTION OF INCOME TAX ON BONDS, SHORT-TERM SECURITIES.

The Federal Government will today commence the collection of income tax on bonds, short-term securities. This followed the expiration of a 2012 gazette which exempted...

Nigeria Set For New Budget Circle, As President Buhari Gives Assent To 2022 Appropriation Bill.

Nigeria’s President, Muhammadu Buhari has given assent to the 2022 Appropriation Bill of N17.126 trillion as well as the 2021 Finance Bill. The documents which...

PRESIDENT BUHARI PROMISES MANUFACTURERS FOREX FOR RAW MATERIALS IMPORTATION.

President, Muhammadu Buhari, says his government will improve access to foreign exchange for the importation of raw materials and machines unavailable locally. Buhari stated this...

FEDERAL GOVERNMENT TO PUSH PUBLIC DEBT STOCK TO N50.22TN BY 2023.

The Federal Government says it hopes to push its public debt stock to N50.22tn by 2023, with domestic debt at N28.75tn and external debt...

FEDERAL GOVERNMENT TO DEPLOY 12 SUPER TUCANO JETS AGAINST BANDITS

The Federal Government says it is set for the deployment of 12 Super Tucano jets against bandits as part of concerted efforts by President Muhammadu Buhari...

Governor Udom Emmanuel Signs 2022 Appropriation Bill into Law.

The Akwa Ibom State Governor, Udom Emmanuel has signed the State’s 2022 Appropriation Law, with a total outlay of N586.9 billion. The budget, christened, 'redefining...

SECURITIES AND EXCHANGE COMMISSION TO COMMENCE REGULATORY FEE ON FIXED INCOME TRANSACTIONS JANUARY 1

Nigeria’s Apex Capital Market Regulator, Securities and Exchange Commission (SEC), will commence charging regulatory fee on fixed income secondary market transactions with effect from...

OBI CUBANA PROMISES LOW HOUSING SCHEME ACROSS THE COUNTRY.

In support of some identified senior citizens who are in dire need of accommodation, the Chairman of Cubana Group, Obinna Iyiegbu, popularly known as...

Ongoing Ring Road III Construction: Business Operators Share Their Experiences.

Residents, business operators and motorists have reacted to the ongoing construction along ring road by Oron road and ring road by Nung Oku construction...

UK GOVERNMENT REMOVES NIGERIA, 10 OTHER COUNTRIES FROM RED LIST.

The UK government has removed Nigeria and 10 other countries from its red list. UK Secretary of State for Health and Social Care, Sajid Javid,...

FUEL SUBSIDY REMOVAL: Nigerians Advise FG on Utilising Subsidy Savings.

The Federal Government has been urged to channel into education and infrastructure monies that would be saved from fuel subsidy removal, to alleviate poverty...

FEDERAL CAPITAL TERRITORY WATER BOARD TO COMMENCE ONLINE BILLING IN 2022

The Federal Capital Territory (FCT) Water Board has said the Board will commence online billing for users by 2022 to boost its Internally Generated...

PRESIDENT BUHARI URGES PARTNERSHIP AMONG ECOWAS COUNTRIES ON HEALTH, SECURITY

President Muhammadu Buhari has called for stronger partnerships among ECOWAS Leaders to tackle challenges facing the region, noting that the political, economic, security and...

NIGERIA LABOUR CONGRESS, VOWS TO RESIST ATTEMPT BY GOVERNMENT TO INCREASE FUEL PRICE.

The Nigeria Labour Congress, NLC has vowed that labour would resist attempt by the government to increase fuel price without making adequate arrangement to cushion the...

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