The recession currently being experienced in the Nigerian economy took its toll on the festive period, as most Islamic faithful said they were forced to celebrate the last Eid El-Fitri in a low key.
Sallah celebrations, like any other religious festivities in Abuja are renowned for their elabora [...]
Deposit Money Banks and other financial institutions in the country have been asked to forthwith, register all collateral used in obtaining loans with the Nigeria Collateral Registry, NCR.
The directive which has been in effect since Monday last week, will help the financial institutions ascerta [...]
Approximately N50.76million (1.2million Chinese Yuan) will be injected in the second phase of the Abuja Solar Powered Traffic Control Signal, the federal government has disclosed.
The fund is part of an over eight million Chinese Yuan (N338.4million) bilateral agreement between Nigeria and the P [...]
The 36 states of the federation were said to have generated a total of N31, 324,433,480.10billion in gross value added tax, VAT, in May 2016, figures from the Office of the Accountant General of the Federation has shown.
The figure contained in the monthly Federation Account Allocation Committee [...]
The Central Bank of Nigeria, CBN, has dismissed allegations that some banks in the country may be distressed, saying all deposit money banks in the country are in good financial condition.
The assurance became necessary following the replacement of most members of the board and management of Sky [...]
All area postal managers in the country have been directed to make every items meant for delivery at the Internally Displaced Persons camps free of charge, management of the Nigerian Postal Service, NIPOST, have said.
This, according to the Acting Postmaster General of the Federation, Dr. Richar [...]
The federal government has guaranteed holders of the nation’s Eurobonds of the safety of their investments, saying despite bleak economic outlook, the Nigerian government is working at strengthening its economy in the shortest possible period.
Nigeria’s Minister of Finance Mrs. Kemi [...]
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