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The Federal Inland Revenue Service (FIRS) in Akwa Ibom says it will Investigate the extent of tax evasion and prosecute culprits in the state. The state Tax Controller, Mrs Mafiana Uche, gave the warning while briefing newsmen in Uyo on Thursday. Uche ...
Prof. Akin Iwayemi, President, Nigerian Economic Society (NES), on Wednesday commended the Federal Government for presenting its 2013 budget proposal before the National Assembly three months to the end of 2012. Iwayemi said in an interview with the Ne...
Brent crude oil rose above 114 dollars a barrel on Wednesday as worries over the security of Middle East supplies outweighed increasing evidence of slowing global economic growth. Weak risk sentiment coursed through financial markets, pulling down stoc...
President Goodluck Jonathan on Wednesday presented a budget of N4.9 trillion to the Joint Session of the National Assembly. The figure is 5 per cent more than the N4.7 trillion the president presented in the outgoing year. The sum of N2.41 trillion is ...
Mr Vincent Ohizu, the Secretary-General of the Berthing Meeting of the Nigerian Port Authority, on Monday commended the ports concession programme and its positive impact on the economy. The News Agency of Nigeria (NAN) reports that Ohizu made commenda...
Aviation Minister, Princess Stella Adaeze Oduah, on Friday signed Performance Contract Agreements with the Permanent Secretary and the MDs/CEOs of the agencies under the Federal Ministry of Aviation, warning of “severe consequences for failure an...
Total foreign exchange utilised for the importation of goods (imports) and services (invisibles) between January 2012 and August 2012 have been put at $28.25 billion. According to the database published by the Central Bank of Nigeria (CBN) on its websi...
Union Bank of Nigeria (UBN) has said it would continue to improve its customer base, branch network and services to ensure that it is among the top five most profitable financial institutions in the county. According to its Group Managing Director, Mrs...
The Nigerian National Petroleum Corporation (NNPC) has reiterated its determination to growing the nation’s proven crude oil reserve from its current level of 37 billion barrels to 40 billion barrels by the year 2020. Group Managing Director of N...
The Nigerian Capital Market riding on the back of market making process which commenced at the tail end of the third quarter closed in an upward trend at the last trading day of September 28. Since the resumption of Mr. Oscar Onyema as the new Chief Ex...
The Nigerian banking scene is not a very conducive environment for operators currently, especially going by the high lending rate and the dwindling fortune in the Nigerian Stock Exchange but Access Bank Plc has proven it is weathering the storm in its ...
Kano state Governor, Rabi’u Kwankwaso has signed into law a supplementary budget of N21.1billion following its assent by the state House of Assembly. Speaking shortly after signing the document, Kwankwaso explained that the budget would enable th...
The Aba International Trade Fair will hold from Nov.12 to Nov. 22, Chief Eleanya Okoroji, President of Aba Chamber of Commerce, Industry, Mines and Agriculture (ACCIMA), has said. Okoroji told newsmen in Aba on Saturday, that the fair had received the ...
CIPM honours Airtel Nigeria with the Best Human Resources Practices Award within the Telecommunications sector in Nigeria.
A total of 3.64 billion shares worth N32.48 billion were trade in 4,733 deals on the Nigerian Stock Exchange on Thursday. This was in contrast to the 326.07 million shares valued at N2.4 billion traded in 5,302 deals on Wednesday. The News Agency of Ni...