Food imports exceed exports by N2.23tn in 12 months
The total international trade in agricultural goods in the country stood at N3.24tn in 2021, with the import value exceeding…
Day: April 4, 2022
Shell demands $1.15bn outstanding cash-calls, other debts
Managing Director of SPDC and Country Chair, Shell Companies in Nigeria, Mr. Osagie Okunbor, stated this in his presentation at…
UK prevents use of private jet linked to Russian oligarchs
British transport minister Grant Shapps said on Saturday he has prevented the use of another private jet that has links to Russian oligarchs.…
Fed Govt new borrowings rise by 278.03% in six years
The Federal Government’s new borrowing allocations rose by 278.03 per cent or N4.03tn between 2015 and 2021. This was disclosed…
Nigeria issues new travel guidelines on COVID-19
A new international travel guideline has been issued by the Presidential Steering Committee (PSC) on COVID-19, removing mandatory Polymerase Chain…
FG grants three-year tax relief to 33 companies, bars 10 firms
The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in…
CBN imposes heavy sanctions on banks over mutilated notes
The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank…