The federal government of Nigeria is committed to procuring 29.6 million doses of the Johnson & Johnson vaccine through the AVAT initiative, which is coordinated by Afrexim Bank, Zainab Ahmed, Minister of Finance, Budget and National Planning has disclosed. Speaking…
The National Bureau of Statistics (NBS) said the federal government has raked in a total of N496.39 billion from Value Added Tax in the first quarter of 2021. This represents a nine per cent quarter-on-quarter (QoQ) increase in VAT when…
Ministries, Departments and Agencies (MDAs) are yet to remit over N3 trillion to the Consolidated Revenue Fund (CRF) of the Federal Government between 2014 and 2020, the Senate has said. Chairman, Senate Committee on Finance, Sen.Solomon Adeola (APC- Lagos), made…
Analysts at Financial Derivates Limited Company (FDC) predicted on Thursday that the nation’s inflation rate to reach 18.77 per cent in April. The National Bureau of Statistics (NBS) had reported 17.33 per cent and 18.17 per cent inflation rate for…
Commissioner for Insurance, National Insurance Commission (NAICOM), Mr. Sunday Thomas says the insurance and banking sectors can deepen their penetration in Nigeria by looking beyond the traditional distribution channels. Thomas spoke at a virtual forum with the topic: “Bancassurance in…
By Ogaga Ariemu Following successful signing of a Memorandum of Understanding, MoU between the Nigerian Communications Commission, (NCC), on Wednesday with the Nigerian Communications Satellite, (NigComSat) on the clearing of C-band frequency for deployment of 5G services. Under the agreement,…
The Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, has requested the assistance of the Independent Corrupt Practices and Other Related Offences Commission (ICPC) to help in reducing the high cost of governance in the public sector.…
By Blessing Wika, Abuja The Permanent Secretary, Federal Ministry of Labour and Employment, Mr. Yerima P. Tarfa, said performance management is one of the key strategies to reformation in the civil service. Tarfa stated this in Abuja while flagging off the…
…Senegal to start crude oil production in 2023 Dangote Cement Plc’s huge investment has been described as one of the major contributors to the development of the Senegalese economy. Besides, the Cement plant located in Pout, 60 kilometres away from…
By Uthman Salami The Chairman, Chartered Institute of Taxation of Nigeria (CITN), Warri District Society, Mr Abel Omolu has appealed to eligible tax payers to make timely payments. Omolu said on Tuesday in Warri, that prompt payment of taxes would…
