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The Federal Inland Revenue Service (FIRS) has disclosed that its new target for 2019 is to hit N8.3 trillion from the collection of various taxes in the year. It would be recalled that the FIRS realised N5.32 trillion in 2018. The…
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Oil prices rose by more than 1.5 per cent on Monday on hopes that talks in Beijing can resolve a trade war between the United States and China, while supply cuts by major producers also supported crude. Brent crude futures LCOc1 were at…
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The Federal Government has said that recurring conflicts between farmers and herdsmen in some parts of the country, as well as the incidence of flooding, have affected agricultural production in the country. The Minister of Budget and…
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World Bank President Jim Yong Kim announced Monday he would step down next month, more than three years before his current term was due to expire The decision ends Kim’s six-year tenure and may give US President Donald decisive…
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President Muhammadu Buhari has neither issued a travel ban nor ordered the arrest of the Nigeria Football Federation President Amaju Pinnick over allegations of fraud running into billions of naira. Garba Shehu, Senior Special Assistant…
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An air craft,belonging to Airpeace was near crashing today while taxiing for takeoff at the Abuja international airport, Naija News learnt. The incident reportedly took place about 3 minutes after the plane started…
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…raises the alarm over blackmail, defamation Ocean Marine Solutions Limited (OMS), a leading asset company dedicated to protecting the nation’s strategic assets, has tasked the Federal Government to investigate the management of Trans…
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With an estimated N1.149, 385 trillion expected to go into the payment of subsidy in 2019, and mere N305 billion allocated for the purpose in the 2019 budget proposals, the country may run into a massive budget deficit if nothing is done…
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...Analysts see further increase in 2019 as Naira comes under pressure THE Central Bank of Nigeria, CBN, cash injection into the nation’s foreign exchange market rose by 118 percent to about $48 billion in 2018 from $22 billion in 2017.…
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In its move to manage liquidity, the Central Bank of Nigeria (CBN) has reported N17.5 trillion Open Market Operation (OMO) sales in 2018. Information obtained from the apex bank official website revealed increased OMO sales in December…
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