Ghana proposes $13.9 billion budget in 2018
The Ghanaian government plans to spend $13.9 billion (62 billion Ghana cedis, about N4.2 trillion) in the 2018 fiscal year, the country’s finance minister said...
NNPC, Chevron seal $1.7b deal to raise oil, gas production
Nigerian National Petroleum Corporation (NNPC) and Chevron Nigeria Limited (CNL) have signed the second and final phase of an Alternative Financing Agreement that will increase...
Businessman, Osula’s police security beat man to a pulp in Lagos
Up until the evening of Wednesday, November 15, 2017, perhaps all that Mr. Olugbenga Adekoya had seen about the brutality and cruelty of some Nigerian...
Judge reverses controversial BVN ruling, unblocks bank accounts
A federal judge who earlier granted an order for bank accounts not linked to bank verification numbers to be frozen has reversed himself. Nnamdi Dimgba,...
Indomie buys Dangote plants in Ikorodu, Calabar for N3.75bn
Dangote Noodles Limited, a unit of Nigerian company, Dangote Flour Mills, has sold two production lines in Ikorodu, Lagos State and Calabar, Cross River State...
SUKUK Funds: Why disbursement to contractors is delayed – Nigerian govt
The Nigerian government has dismissed as “unfounded” speculations that the N100 billion SUKUK Bond it raised last September had been diverted. The Director General, Debt...
Port Harcourt, Lagos Airports rated amongst worst 20 in the world
Two Nigerian airports, the Port Harcourt International Airport, Omagwa and the Murtala Muhammed International Airport (MMIA), Lagos, have been rated among the worst 20 airports...
Lagos vows to shut headquarters of banks, other tax defaulters
The Lagos State Government on Sunday said it will from November 20 commence the process of shutting down the corporate headquarters of organisations in the...
Zenith Bank’s chair, Jim Ovia, offers to refund £11 million tax he allegedly avoided
The Chairman of Zenith Bank Plc, Jim Ovia, has offered to refund £10,892,166 being the total value-added tax payment he allegedly skipped while importing two...
2018 budget: Experts hail increased capital expenditure, fault non-oil revenue projection
Finance and economic experts on Wednesday commended the Federal Government for increasing allocation to some key sectors of the economy such as power, works and...