Contributory Pension Suffer Setback As Foreigners, Other Withdraw N24.95bn

Foreign nationals have opted out of the Contributory Pension Scheme and withdrawn all their contributions from their respective Retirement Savings Accounts. The foreigners decided to return...

Seme Customs Area Command Generates N6.3bn In 2018

The Seme Area Command of the Nigeria Customs Service (NCS), said it generated about N6.3 billion into the Federal Government coffers through cross-border operations in 2018.Spokesman for the Customs, Saidu...

CBN, Guinness Partner To Promote Local Raw Material Sourcing

A partnership between Guinness Nigeria Plc, and other stakeholders, including Central Bank of Nigeria (CBN), and Stanbic IBTC Bank Plc, may drastically reduce the import of raw materials...

More than 5000 Containers Trapped At The Port Over Third-Party Clarence Ban

The big stick wielded by the high command of the Nigeria Customs Service (NCS) over the unwholesome practice of ‘third-party’ clearance by freight forwarders has started to take its...

FG To Increase VAT – Finance Minister

Some of the items according to her, will include carbonated drinks as well as some luxury items. She stated this on Wednesday at the launch of the Strategic Revenue Growth Initiative in...

Trader Moni: I Did Not Go To Share Money In The Market But To...

Vice President Yemi Osinbajo has responded to former President Olusegun Obsanjo’s attack, explaining his role in the Federal Government’s TraderMoni microcredit scheme. The former President...

In 3 Years, FIRS Makes N300.4bn As Cost Of Tax Collection

The Federal Inland Revenue Service, FIRS, made a whooping N300.4 billion in three years, between 2016 and 2018 as the cost of collecting taxes. According to...

Darkness Looms As GENCO’s Threaten To Down Tools

The country may be thrown into total darkness if power generation companies in the country carry out their threat to shut down plants over challenges facing the power sector...

NCAA To Clamp Down On Aircraft Owners Engaging In Illegal Charter Operations

The Nigerian Civil Aviation Authority (NCAA) has threatened to deal decisively with aircraft owners on private operator licence who use their equipment to conduct illegal charter operations.

Nigeria Recorded 9% Growth In Oil Production In 2018 – NNPC

The Group Managing Director, Nigerian National Petroleum Corporation (NNPC) Maikanti Baru, says the nation has maintained a line of consistent year-on-year improvement in its daily crude oil production. The NNPC boss explains...

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