Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
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Agriculture Contribution To GDP To Hit 50% In 10 years–Minister
Minister of Agriculture and Rural Development, Dr. Mohammad Mahmood Abubakar, has projected that agricultural sector would contribute over 50per cent to the Nigeria’s Gross Domestic Product(GDP) in 10 years. Abubakar,who stated this
How Nigeria Can Tackle Unemployment – German Ambassador
The German Ambassador to Nigeria, Amb. Birgitt Ory ,says Nigeria due to its population growth requires nine million jobs annually in the next 10 years to address unemployment deficit in the country.
CBN Orders Banks To Adopt Official Forex Rate For Intra-African Transactions
The Central Bank of Nigeria (CBN) has ordered commercial banks in the country to adopt the exchange rate in the importer and exporter window (I&E) for cross border payments through the Pan-African
How Oil Slump,COVID-19 Diminished Nigeria’s Human Capital Development-World Bank
The World Bank says the 2016 oil price slump and the COVID-19 pandemic diminished Nigeria’s human capital development through drops in educational attainment. The bank revealed this in a new report titled:
Stamp Duty Revenue Insufficient,Says FIRS
The chairman of the Federal Inland Revenue Service, Muhammad Nami, has expressed concern over the inefficiencies in the current stamp duty and capital gain tax collection system in Nigeria. The hiccups have
COVID-19:US Donates Fresh 3,577,860 Vaccines To Nigeria As NPHCDA Mulls Creation Of Mass Vaccination Sites
The United States has announced the arrival of 3,577,860 doses of Pfizer COVID-19 vaccine to Nigeria in continuation of its partnership with the federal government to combat the COVID-19 scourge in Nigeria.
GTBank,UBA,EcoBank ,Others Withhold N10bn Customs Duties-Reps
The House of Representatives Committee on Customs says six commercial banks in the country are currently withholding N10bn Customs duties The lawmakers have vowed to stop the commercial banks from collecting customs
Masquerades Steal N370,000,Handsets In Ondo
The Police in Ondo have arrested two masquerades who allegedly robbed residents of Melege community in Owo Local Government Area of the state. The masqueraders identified as Sheriff Ojo and Muhammed Lukman
Lafarge Rewards Customers With Diamond Club
Lafarge Africa Plc has launched Diamond Club, an exclusive club created to reward and recognize its trade partners who have consistently delivered big volumes of the company’s products to customers and end-users.
Budget:Proposed Hike In Soft Drink Tax In Order-Group
The Diabetes Association of Nigeria, Nigeria Health Watch and civil society organisations have commended President Muhammadu Buhari’s administration over the recent announcement of a proposed “pro-health” tax increase on soft drinks in
