Nigeria records $223.3m FDI in 5 months
Nigeria has received foreign direct investment (FDI) to the tune of $223.3 million between January and May 2022. This shows…
NEPC reiterates support for non-oil exports
The Executive Director/Chief Executive, Nigerian Export Promotion Council (NEPC), Dr. Ezra Yakusak, has said that the council would continue to…
How Directors of 10 Banks Pocket N6.96bn as Allowances, Compensations
Reports have emerged on how directors of 10 banks collected N6.96bn sitting allowance and compensation in 2021, according to an…
Dakar Summit: Nigeria gets highest share of $93billion IDA package
President Muhammadu Buhari, Thursday, joined African leaders in Dakar, Senegal to launch “the largest financial package ever mobilised in the…
20 directors jostle to replace suspended AGF
The Federal Government has issued a circular for the appointment of a new and substantive Accountant-General of the Federation (AGF).…
FIRS gives firms fresh window to file income tax returns
To reduce the incidence of non-compliance, the Federal land Revenue Service (FIRS) has given firms a fresh window to file…
IFC to offer $200m facility to Nigeria for Olam Agri
Nigeria is positioned as a major beneficiary of the $200 million loan the International Finance Corporation (IFC), would provide to…
Afreximbank approves $1bn facility to boost AfCFTA operations
The African Export-Import Bank (Afreximbank) says it renewed its approval of a $1 billion facility to operationalise the African Continental…
Buhari woos Portuguese investors
President Muhammadu Buhari has urged the Portuguese government and business community in the country to increase their trade volume into…
Nigeria pays $300m debt amid worsening revenue
Nigeria has redeemed a $300m Diaspora bond, which matured on June 27, 2022, according to the Debt Management Office (DMO).…