Business
NIPC unveils online investors’ guide
As parts of efforts of improving the ease of doing business in the country, the federal government has partnered the United Nations to develop an online investment portal that will increase investment inflows into the country.
Speaking at the launch of the portal tagged ‘iGuide Nigeria,&r [...]
Nigeria to attract $22.5bn investment with ERGP
Nigeria hopes to attract an additional investment worth $22.5 billion from 164 different projects across the country, through the Economic Recovery Programmes, ERGP, Focus Labs.
The minister of Budget and National Planning, Sen. Udo Udoma, who made this known at an open day event to mark the co [...]
CBN ask museums to embrace hyper-connectivity
The Central Bank of Nigeria, CBN, has urged museum managers to leverage on the wide acceptance of information technology in the country, to upgrade their museums to international standard and attract new audiences to their collections.
Deputy Governor, Corporate Services of the bank, Mr Edward [...]
Inflation rate drops by 0.86% in April
Again, Nigeria’s inflation rate measured by the Consumer Price Index, CPI, dropped by 0.86percent point in April 2018, the National Bureau of Statistics disclosed.
NBS in its CPI reports for April, suggest that the inflation rate stood at 12.48percent, away from the 13.34percent reported [...]
NCC give N50m research grant to universities
Nine researchers in Nigerian universities recently received N50million research grants from the Nigerian Communications Commission, NCC, to ensure the growth of the telecommunications industry in the country.
Speaking after the presentation of award letters to the Winners of the 2016, 2017 Rese [...]
Tax: Whistle blowers get N439million reward
Fourteen whistle blowers have received the sum of N439.27million as reward for providing reliable tips on individuals and companies that evaded their tax obligations to the federal government.
The whistle blower policy is a public interest instrument developed in December 2016 to [...]
FG to acquire 10,000 tractors through PPP
As part of its deliberate policy to promote mechanized agriculture in the country, the federal government has entered an agreement with John Deere tractors manufacturers to acquire 10,000 tractors through Public Private Partnership Programme.
The Minister of Agriculture and Rural Develo [...]
Bank’s credit to private sector drops by N140bn
The National Bureau of Statistics, NBS, reports that banks’ credit to the private sector fell by N140billion in the first quarter of 2018, dropping to N15.6trillion in the period.
The Bureau, in its latest banking sector report titled “Sectorial Breakdown of Credit, e-payment Channe [...]
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