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NFIU insists air travellers must declare cash above $10,000 at international airports

Kebbi Govt approves N4.05 billion to rehabilitate seven general hospitals

Customs hands over seized N92 million tramadol capsules to NAFDAC

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Business and economic news from Nigeria and around the world.

FAAC July 2016 Allocation To States in Nigeria

The FG is setting up a website to monitor contracts

The Federal Government says it is setting up a contract disclosure website to improve transparency and accountability in contracts entered...

NNPC Has Not Been Unbundled, But Is Restructuring – Kachikwu

FEC approves oil policy; Nigeria to end fuel importation by 2019

The Minister of State for Petroleum Resources, Dr Ibe Kachikwu, on Wednesday said Nigeria will cease to import petroleum products...

Bwari Says Over 600,000 Nigerians Involved In Illegal Mining

Local miners in Kastina made N246 million from fertilizer production in June

N246 million worth of fertilizer was produced by 79 local miners in Katsina State from processed raw materials in June....

A Mysterious Bitcoin Whale Causes Brief Panic Sell Offs at Bitcoin’s Market, The odds against Bitcoin, Goldman Sachs says Bitcoin is not an investment asset, BTC whales control the BTC market, at the highest levels , , There are now 13,173 BTC millionaires around the world

ICOs may be causing a cryptocurrency bubble

by Onome Ohwovoriole

As the price of bitcoin recovers lost ground, experts have warned that the cryptocurrency market could be heading for a...

[The Nigerian Economy Daily] FG has approved the closure of five foreign missions and embassies

All the major economic news from Nigeria in 5 minutes-19/7/2017

by Opeyemi Yekini

Summary of the top business, economic and political news in Nigeria today. Corporate Affairs Commission (CAC), in Abuja on Tuesday...

Massive withdrawals by politicians drain bank vaults

NEITI says Nigeria earned N70 trillion but saved little

According to a recent report by NEITI, Nigeria’s oil revenue savings were among the lowest in the world despite about...

FG has given Ondo State licence to mine bitumen

The Federal Government of Nigeria (FGN) on Tuesday announced the award of a licence to Ondo State Government to mine...

You Can Now Pay Your Tax Online, Says FIRS

FIRS explains how it plans to achieve N1.8 trillion VAT target for 2017

The Executive Chairman of the Federal Inland Revenue Service (FIRS), Mr Tunde Fowler, stated that the service has automated VAT...

Federal Government Discovers Another 11,000 Ghost Workers

These Five States got the highest share from the N243.7 billion Paris Club refund

The Federal Government has released N243.79 billion as the second tranche of the Paris Club Refund to the 36 state...

Here is How You Can Search for Any Registered Company In Nigeria

The CAC staff union goes on another strike over salary arrears

by Opeyemi Yekini