Economy

The total value of capital importation into Nigeria stood at 1.46 billion dollars in the third quarter of 2020, the National Bureau of Statistics (NBS) says. The bureau said this in its “Nigerian Capital Importation, Quarter...

The Akwa Ibom State Internal Revenue Service (AKIRS), on Monday sealed the two Uyo branches of Guarantee Trust Bank (GTBank) over unpaid taxes running into N184 million. Mr Leo Umanah, Executive Director Enforcement and Recovery, AKIRS...

The Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote has outlined successes of the board as it journeys towards achieving 70% Nigerian Content in the nation's oil and gas...

Wealthy Nigerians have spent no fewer than $1billion in 2020 securing golden visas and citizenship of other countries as they seek for safe haven ahead of the nation's likely collapse. Interestingly, the $1billion is a conservative...

As part of efforts geared towards promoting a strong and credible payment system in the country, the Central Bank of Nigeria, CBN, has approved new license categorization for payment systems in Nigeria. The apex bank made...

The Executive Secretary, Nigerian Content Development and Monitoring Board (NCDMB) Engr. Simbi Kesiye Wabote has urged service companies not to be fixated on contracts from the oil and gas industry. Engr. Wabote gave the advice on...