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Now NIPOST has the Right for collection of Stamp duty from FIRS

Ali Isa Pantami, the minister of communications and digital economy, says the Nigerian Postal Service (NIPOST) is the legal producer of stamp duties through...

House of Reps, NNPC disagree on revenue remittance

The House of Representatives Committee on Public Accounts, on Tuesday, disagreed with the Nigeria National Petroleum Corporation on the interpretation of its Act. The disagreement...

House summons finance minister, budget chief over duty waivers

The House of Representatives Committee on Public Accounts on Monday summoned the Minister of Finance, Zainab Ahmed; Director-General, Budget Office of the Federation, Ben...

Dangote refinery to buy Nigerian crude in Naira, sell petrol in Naira – CBN

The Central Bank of Nigeria (CBN) Governor, Mr Godwin Emefiele, said Dangote Refinery would buy Nigeria’s crude oil in Naira and also sell petrol...

NEPC: Nigeria to exit dependence on oil revenue in 10 years

The Executive Director/CEO of the Nigerian Export Promotion Council, NEPC, Mr Segun Awolowo, yesterday assured that given the steps being taken to improve the...

JUST IN: CBN directs banks to close accounts of cryptocurrency traders

The Central Bank of Nigeria (CBN) has directed banks to close accounts of persons or entities involved in cryptocurrency transactions within their systems. This is...

Nigerian cuts down crude oil production as agreed by OPEC

The Joint Ministerial Monitoring Committee (JMMC) of the Organisation of Petroleum Exporting Countries (OPEC) has commended the progress made by Nigeria to conform with...

Oil prices falls as virus cases rise, demand worries persist

Oil prices eased on Tuesday as coronavirus cases globally continued to rise, but losses were capped amid reports of a blast in Saudi Arabia. Brent...

Federal Government set to access up to N850bn through special trust fund of unclaimed dividends

Zainab Ahmed, the minister of finance, budget and national planning, says the federal government will have access to as much as N850 billion from...

Economy: Nigeria’s debt rises to N32.2 trillion

Nigeria’s debt stock has risen to N32.223 trillion as at September 2020. The Debt Management Office on Thursday released the third quarter country debt data...

Senate passes new finance bill 2020

The bill was passed after Solomon Adeola, chairman of the finance committee, presented a report for the consideration of his colleagues. The legislation is seeking...

Hunger: 20m more Nigerians to become poor by 2022 -World bank

The World Bank projects that the number of poor people in Nigeria will increase by 20 million by 2022. According to the bank’s Nigeria Development...

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