Nigeria not broke, says Okonjo-Iweala

The Federal Government yesterday, reassured that Nigeria is financially sound and has been meeting its local and international financial obligations despite dwindling revenues from...

US, Investors Plan $20BN Power Plant in Katsina

Government officials and a consortium of companies have arrived in Katsina State for feasibility studies on a 1000 megawatts gas plant to be financed...

Africa needs investment more than aid – Dangote

The President of Dangote Group, Aliko Dangote, has said that Africa needs more investments than aid from developed economies. Describing Africa as a blessed continent...

FDI: Nigeria received over $67bn in 13yrs –CBN

The Central Bank of Nigeria (CBN) said Nigeria received Foreign Direct Investment (FDI) of over $67 billion between 2000 and 2013. The Governor of CBN,...

NGOs Not Exempted From Paying Taxes – FIRS

The Federal Inland Revenue Service (FIRS) has emphasised that the Nigerian tax laws did not exempt non-governmental organisations (NGOs) from paying taxes. Acting executive chairman...

Forecasting profit in business

To take on emerging opportunities, manufacturers are gaining insights into their cost and profit expectations. IFE ADEDAPO writes on the use of analytics to...

Nigeria leads rest of Africa in foreign currency remittances

The Nigerian economy received a total of $21 billion out of $32 billion of foreign currency remittances into Africa as at 2013. Phillips Oduoza, CEO,...

Nigeria can’t extradite me to UK – ex-NSPMC boss

A former Managing Director of the Nigerian Security, Minting and Printing Company, Mr. Ehidiamhem Okoyomon, has opposed the request by the Attorney-General of the...

FG ’ll not borrow to finance economy

The Federal Government yesterday ruled out the possibility of borrowing as options being adopted to finance its yearly budget. The Coordinating Minister for the Economy...

Banks may shun CBN’s OMO as N978.3bn AMCON bonds matures October

The difficulty experienced by the Central Bank of Nigeria (CBN) in mopping up excess liquidity in the banking system may worsen this week on...

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