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The Debt Management Office (DMO) says the Nigerian government owes N25.7 trillion in debt both domestically and externally as at June 30. The DMO stated this in its ‘Total Public Debt Portfolio’ obtained...

Nigeria’s Minister of Agriculture and Rural Development, Sabo Nanono on Monday said that the country was producing enough food to feed itself and send to neighbouring countries. Nanono, who made the...

The Central Bank of Nigeria (CBN) says the administration of President Muhammadu Buhari earned a total of N16.647 trillion from the oil and gas industry in its first tenure from May 2015 to April 2019. According...

Nigeria’s House of Representatives on Thursday passed a bill sponsored by the Speaker, Femi Gbajabiamila which criminalizes the estimated billing of electricity consumers by Distribution Companies (Discos)...

The Central Bank of Nigeria (CBN) and the Financial Reporting Council  have sanctioned four commercial banks in the country between January and June for various infractions. The nation’s apex bank imposed...

The Oyo State government on Sunday exempted churches and mosques from paying levies and taxes to the coffers of the state . The government position is in sharp contrast to the immediate past administration...

The first of over 155,000 stranded British tourists are being flown back home after renowned travel agent, Thomas Cook collapsed on Monday. The United Kingdom’s Civil Aviation Authority (CAA) is...

  Two representatives of Process and Industrial Development (P&ID) Ltd on Thursday pleaded guilty before the Federal High Court in Abuja to charges of fraud and tax evasion instituted against...

The Chairman of Alibaba, Jack Ma is due to step down from the e-commerce giant today, Tuesday marking the end of an era for the firm. Alibaba, which was co-founded by Mr. Ma in 1999 has grown to become...

 Oyo State Governor, Seyi Makinde has slashed the state’s budget, saying that the initial N285 billion 2019 budget presented to the state House of Assembly was unrealistic. In a tweet on  his verified...

  The management of MTN Nigeria has announced the closure of all its service outlets and offices across the country till further notice following attacks on its facilities by aggrieved Nigerians.  In...

The Gross Domestic Product (GDP) of Nigeria recorded a year-on-year growth of 1.94 percent in real terms in the second quarter of 2019. According to the latest data released on Tuesday morning by the...

The Coalition of Northern Groups (CNG) has accused southerners of taking over jobs traditionally meant for northerners. In a statement over the weekend by its spokesman, Abdul-azeez Sulaiman, the CNG...

 The Central Bank of Nigeria (CBN) says the general public can return mutilated bank notes to their banks after the September 2, 2019 deadline earlier given. The Director, Corporate Communications of...

President Muhammadu Buhari says Nigeria remains a very competitive and viable investment destination with some of the highest returns on investment in the whole of Africa. The President’s Special Adviser...

Nigeria’s power sector is to get N600 billion intervention from the Federal Government. The Market Operator of the Transmission Company of Nigeria, Mr Edmond Eje on Wednesday said President Muhammad...

The Nigerian Communications Commissions (NCC) has slammed a fine of ₦136 million on two major network operators in the country, Airtel and 9mobile for violating various industry regulations. In its...

The Federal Government of Nigeria says it plans to set up a committee tasked with the responsibility of reviewing the revenue sharing formula for federal, state and local governments in the country due...

The Nigerian Communications Commission (NCC) has said that it remitted a total sum of N51.3 billion to Federal Government’s Consolidated Revenue Fund (CRF) in the first quarter of 2019. According to...

The Federal Government of Nigeria has secured a $100 million loan from the Indian government in its quest to attain the much needed universal Internet coverage and broadband expansion. The loan which was...