$29.96bn loan: Nigeria needs it but FG should give more details – Ex CIBN scribe
Dr Uju Ogubunka, an economic expert has urged the Federal Government to educate Nigerians on the importance of the proposed 29.96 billion dollars foreign loan towards boosting the economy. Ogubunka,…
Nigeria to introduce new visa regime, targets more foreign direct investments
The Comptroller General (CGI) of Nigeria Immigration Service (NIS) Mr Muhammad Babandede says the Federal Government plans to introduce a new visa regime to boost the economy. Babandede said this…
50,000 jobs, more revenue coming through NLNG Train 7, says Wabote
The Executive Secretary, Nigeria Content Development and Management Board (NCDMB), Mr Simbi Wabote, has said the upcoming Nigerian Liquefied Natural Gas (NLNG) Train 7 will boost revenue generation. Wabote gave…
LIRS shuts 9 coys over N21.59m tax evasion
The Lagos State Internal Revenue Service (LIRS) in its enforcement activities, has shut nine companies and hospitality firms over alleged failure to remit N21.59 million consumption taxes to the state…
Heads to roll in Presidency, NNPC as UK probes Glencore oil deal in Nigeria
Months after the United States Commodity Futures Trading Commission commenced investigation on a global oil trading firm, Glencore Plc, for alleged ‘corrupt practices’ in Nigeria, the Democratic Republic of Congo,…
Help, Niger Delta region needs your investments, Akpabio tells stakeholders
The Minister of Niger Delta Affairs, Sen. Godswill Akpabio, has called on critical stakeholders and multilateral organisations to invest more in Niger Delta communities to move the region forward. Akpabio…
Senate passes 2020 budget of N10.594trn with mark-up of N264bn
The Senate, on Thursday at plenary, passed the 2020 budget of N10.594 trillion as against N10.33 trillion presented by President Muhammadu Buhari on Oct. 8. This represents a mark-up of…
South African Airways gets $137m to evade bankruptcy
South Africa’s beleaguered national carrier is being placed into “business rescue”, giving the airline breathing room to radically restructure, Public Enterprises Minister, Pravin Gordhan, said on Thursday. The government is…
Nigerian waters still unsafe as Pirates board supertanker, kidnap 19 crew
Nigerian waters are still unsafe ranking among the deadliest in the world, according to International Maritime Bureau, a piracy watchdog. Out of 95 attacks worldwide where hijackers boarded the vessel…
Konga Travels is most innovative agency, says Virgin Atlantic
Konga Travels and Tour, a 21st century lifestyle travel booking agency, has received yet another recognition for its revolutionary offerings and landmark strides in the industry. The company has been…