NCC approves 1,492 phone brands, warns users against unapproved devices
Mobile phones are said to be approved by the NCC. to ensure they are of quality standard and fit to be sold to users in Nigeria
How capital and recurrent expenditure work, a case study of Lagos & Enugu
Capital expenditure is mostly investment in assets that are used over time in the provision of goods or services to the taxpayers.
FIRS tightens noose on deduction of stamp duty, CIT, others
FIRS has tightened regulations regarding payments of Stamp Duty, Withholding Tax and Company Income Tax .
FIRS’ Nami doubtful of meeting Buhari’s revenue target, runs to Lagos for help
The Executive Chairman of FIRS, Muhammed Nami, said FIRS might not be able to meet the N8.5 trillion revenue target set by President Buhari.
Buhari restructures NDDC after Joy Nunieh’s sack
President Muhammadu Buhari has replaced Barr Joy Nunieh with Professor Kemebradikumo Pondei, as Acting Managing Director in the Interim Management Committee (IMC) of the Niger Delta Development Commission (NDDC).
World Bank approves $2.2 billion loan for Nigeria
World Bank has approved about $2.2 billion loans for Nigeria to iuplift human capital and economic development in 2020.
Nigeria lost $750 million to crude oil theft in 2019 – NNPC
The Group Managing Director NNPC, Mele Kyari, said Nigeria lost about $750 million to crude oil theft in 2019
Inflation: Headline Inflation sustains uptrend
Based on the data released by the National Bureau of Statistics, Headline inflation in Nigeria rose by 15bps to 12.13% in January.
What you need to know about proposed tariff review by DisCos
The eleven Distribution Companies in Nigeria have requested to increase their tariff to reflect the operating costs, as NERC stated that such a move is illegal and in line with its Rules.
US gives Buhari condition for Nigeria’s travel ban review
The United States Government has given the Nigerian government conditions that could likely necessitate the review of its travel ban.
Nigeria’s GDP forecast for 2020 to drop – IMF
The International Monetary Fund (IMF) has revised downwards Nigeria’s GDP forecast from 2.5% to 2% for 2020.
SGF, Fashola divided over nation’s housing deficit
Nigeria has a deficit of 16 million to 22 million housing units, but this figure has created a division between the SSG to the Federal Government and Minister of Works and Housing.
Gas flaring: A never-ending dark tunnel
World Bank’s Global Gas Flaring Reduction Partnership (GGFRP) ranks Nigeria as the 6th largest gas flaring country globally.
UPDATED: Inflation rate jumps to 12.13%, highest in 21 months
Nigeria’s inflation rate has increased from 11.98% recorded in December 2019 to 12.13% in January 2020.
FG sets deadline for completion of Ibadan-Kano rail project
The Federal Government has given a timeline for the completion of the Ibadan-Kano rail line.
Why Nigeria should be excluded from Trump’s travel ban – CNN
If the reason for banning immigrant visas from Nigeria should hold ground, all visas including temporary should have been banned as well.
Power: No solution at hand
Based on data from the Advisory Power Team in the Office of the VP, the nation's power sector lost an estimated N19.15 billion in 10 days.
Creative Industry: FG to disburse N7 billion to 35 firms
Thirty-five firms in the creative industry have been granted N7 billion in order to enhance the growth of the industry.
This is how much Federal Government borrowed from Pension Funds in 2019
A few weeks ago, many news media organizations published articles on the plan by FGN to borrow a whopping N2 trillion from the pension funds.
Why $60 billion claim against IOCs is hard to sell- NNPC
NNPC has disclosed that the $60 billion owed by international oil companies operating in Nigeria can’t be recovered.
FG to sell $3.3 billion eurobond, appoints advisers
All plans are in progress for the Federal Government to conclude the sale of $3.3 billion Eurobond through open competitive bids.
![NEC Inauguration: Buhari tells Governors "no more bail-outs", Bailout Fund: FG begins deduction of N614 billion from states’ allocation in 2 weeks , Ekiti, Enugu, Bayelsa, 12 others attract no investment in 1H , States’ debt stock, States receive N2.53 trillion allocation in 2019 , IGR: States generate N986.2 billion in 9-month, up by 16.8% [full-list], FG share N8.15 trillion with states, others in 2019](https://i1.wp.com/nairametrics.com/wp-content/uploads/2019/06/Buhari-and-governors-2-e1561364323168.jpg?resize=324%2C235&ssl=1 "FG shares N8.15 trillion with states, others in 2019")
FG shares N8.15 trillion with states, others in 2019
The sum of N8.15 trillion of the Federation Account distributions was reportedly shared among the Federal, States and Local Governments in 2019.
Mobility in Africa, breaking new grounds
As Africa enters a technology revolution, the pace of urbanisation will increase, and the ever-pressing issue of mobility will increase with it.
Tin Can Command targets N540 billion revenue for FG in 2020
Lagos Customs plans to achieve its N540 billion revenue target this year with a monthly minimum of N47.4 billion
Agriculture: CBN’s revised policy on the dairy industry
The CBN has restricted the number of companies involved in the importation of milk, its derivatives and dairy products to six.
FIRS moves to stop tax evasion with newly launched intelligence system
In a bid to track all tax evaders and defaulters in the country, the FIRS has launched a national intelligence gathering system.
FG discovers crude oil in north, says there’s more
About one billion barrels of crude oil have been discovered in the North-Eastern part of Nigeria, Timipre Sylva disclosed.
Nigeria, Ethiopia sign visa waiver agreement
Nigeria and Ethiopia have signed a Memorandum of Understanding (MOU) on waiver of visa requirements for diplomatic and official passport holders.
Boko Haram: A protracted battle yet to be won?
Suspected Boko Haram fighters were reported to have set ablaze several trucks conveying passengers, who were stranded on Sunday night.
AfDB, Asian Bank, others worsen poor nations’ debt problem – World Bank
World Bank has alleged that African Development Bank (AfDB), Asian Development Bank, and the European Bank for Reconstruction and Development worsen the debt burden of Nigeria and other countries.