As part of plans to encourage small businesses, and spur the economy, the Federal Government said it is set to reduce tax rates payable by Small, Micro and Medium Enterprises, SMMEs, in the country.
The incentive, which is part of recommendations by the Prof. Abiola Sanni-led tax review committe [...]
In a bid to improve the diversification of sources of funds for development at the sub-national levels, the federal government last week approved the guidelines for granting liquid asset status to Sukuk instruments issued by state governments.
According to the Central Bank, the new guideline for [...]
As part of its industrialization policy, the Benue state government said it has commenced the process to generate 10 megawatts of electricity for the state.
Governor Samuel Ortom, who disclosed this in Makurdi last week, said he had met with the Acting Chairman of Nigeria Electricity Regulatory [...]
The Federal Government has said it is working at improving staple rice production to seven million tons from the year 2017, with the new technology of rice production developed by Japan International Corporation Agency, JICA.
Speaking at a meeting with a delegation from JICA, the Minister of Agr [...]
Furtherance to the campaign against the use of substandard materials in electrical installations, the Nigerian Electricity Management Services Agency, NEMSA, recently setup an Intra-agency committee to tackle the influx of fake electrical materials and equipment into the country.
The latest coll [...]
The National Bureau of Statistics, NBS, has reported that the country’s Gross Domestic Product declines by -2.06 percent (year-on-year) in the second quarter of 2016.
Nigeria’s GDP growth rate was said to have slid further from -0.36 percent in the first quarter to -2.06 percent, eve [...]
The Minister of Finance, Mrs. Kemi Adeosun, has denied comments on a social media platform where she reportedly insinuated that the current economic recession being experienced was “just a word.”
Adeosun came under fire from Nigerians on social media for the comment via a twitter han [...]
© 2015 The Abuja Inquirer | Newspaper. Designed by G E Springfield