E-Customs Will Revolutionise Trade, Generate Revenue, Improve National Security — NCS
The Nigeria Customs Service (NCS) has called on Nigerians to embrace the recently Federal Executive Council (FEC) approved e-Customs project…
Category: Local
Nigeria Loses N5.8tr To Unauthorised Deductions, Non-Remittances
The Centre for Social Justice (CSJ) said Nigeria lost up to N5.786t between 2014 and 2017 due to unauthorised deductions…
Kaduna IRS Goes After Gaming Companies; Seals 40 Bet9ja Offices
The Kaduna Internal Revenue Service (KADIRS), has so far, shut down 40 bet9ja offices in the last seven days, in…
Why FG Is Investing Massively In Railways, Seaports
The Federal Government’s focus on railway and seaport development is a necessity to drive the nation’s economy, according to the…
‘Why Nigeria May Not Need Delayed $1.5b Additional World Bank Loan’
With the Department of Petroleum Resources (DPR) remitting at least $1.03bn to the Federal Government and an additional $600m underway…
Nigeria’s August Gross Revenues Tick Up On Higher Tax Receipts
Nigeria’s gross revenues inched up 0.8% in August to 682.1 billion naira ($1.79 billion) from the previous month as a…
FG Adds Emirates To List Of Banned Airlines
The federal government has withdrawn the approval granted to Emirates to conduct international flight operations in the country. Hadi Sirika,…
FG Apologises, Says Self-Certification Order Not For Everyone
The Federal Government on Friday, apologised to Nigerians over a tweet on its twitter account on Thursday, which notified the…
Nigeria Counts On Gas To Ease Pangs Of Fuel Subsidy Cuts
Nigeria is counting on gas-powered vehicles to help it reduce reliance on gasoline and improve its climate credentials while easing…
Nigeria, EU In Closed Door Meeting Over Air Space Restrictions
European Union (EU) has urged the Nigerian government to have a rethink over restrictions placed on KLM, Lufthansa, and Air…
Visa Ban: Don’t Disrespect Nigeria, FG Tells US, UK
The Federal Government has frowned on the statements issued by the United States and the United Kingdom on the governorship…
Why Nigeria Wants Financial Account Holders To Submit Self-Certification Forms
In Nigeria, every financial account holder, both individual or corporate, will now be expected to obtain a self-certification form and…
Quarantine Measures In Nigeria, 34 Others Stall Aviation Restart
Resumption of flight services notwithstanding, shades of quarantine restrictions in Nigeria and 34 other countries in Africa and the Middle…
FG Makes U-Turn: All Account Holders Don’t Have To Re-Register With Banks
The Federal Government has apologised for misleading the public when it ordered all account holders in the country’s financial institutions…
Concerns Over Flight Disruptions By Labour Unions
Industry stakeholders have appealed to the federal government to wade into the industrial dispute rocking some of the airlines which…
FG Orders All Bank, Other Account Holders To Re-Register
The Federal Government has ordered all account holders in the country’s financial institutions to register their details again. The order…
Outrage As Nigerian Govt Mandates Citizens To Fill ‘Self-Certification’ Forms At Financial Institutions
The Nigerian government has directed account holders in financial institutions across the country to complete a new “self-certification” form. The…
Govt’ll Ensure Nigerian Traders In Ghana Get Justice, Osinbajo Assures
Vice President Yemi Osinbajo, SAN, has assured Nigerian traders in Ghana of justice in their running battle with the Ghanaian…
Nigeria: NNPC Begins Rehabilitation Of Refineries
The Nigerian National Petroleum Corporation (NNPC) has audited the government’s ailing refineries and mobilised funds and technical resources to restore…
Survival Strategies Pushing Banks In Nigeria Away From Lending
The economic downturn in Nigeria is forcing the nation’s lenders to rewrite their business plans. A shortage of dollars and…
International Arrivals To Abu Dhabi Must Wear COVID-19 Tracking Device
International passengers arriving at Abu Dhabi airport will now have to wear a tracking device while they complete a mandatory…
Nigeria-Benin: Dangote Mediates Border Fight For Buhari And Talon
While the border between Benin and Nigeria has been closed since August 2019, Nigerian billionaire Aliko Dangote is acting as…
China Is Pushing Its Currency Into Africa Through Fintech Partnerships
On September 9, UnionPay International announced a partnership with Interswitch East Africa, the regional business of the Nigerian-based Interswitch Group. Under the partnership,…
Bank Of England Warns Of ‘Unusually Uncertain’ Outlook, Reveals Negative Rates Under Consideration –
Markets now pricing in negative rates in the UK sooner, strategist says LONDON – The Bank of England on Thursday…
CBN Goes Tough, Probes Gaming Companies’ Alleged FX Infraction
Following its earlier decision to place the accounts of some gaming companies under post-no-debit (PND), the Central Bank of Nigeria…
FG To Create Crime Proceeds Recovery Agency
The Federal Government has approved the Proceeds of Crime Recovery and Management Agency Bill. Attorney General of the Federation and…
Tax-Free Airport Sales To End In January
The UK government is set to end tax-free sales at airports, ports and Eurostar stations from 1 January 2021, in…
Deregulation: Ideally, Nigerians should be paying N183 per litre for petrol – FG
The federal government has not fully deregulated the petroleum sector and should it do so, Nigerians would be paying about…
Nigeria Spends N1.1trn To Service Foreign Debt In Q2’20
The National Bureau of Statistics (NBS) yesterday said Nigeria spent $287 million, about N1.1 trillion, to service its foreign debt…