The Gross Domestic Product, GDP, of the Nigerian economy has taken a downward slope in 2015 compared to economic growth in previous years, the National Bureau of Statistics, NBS, has said.
The bureau in its latest analysis of the Nigerian economy over 2010 through 2015 shows that the growth rat [...]
Telecommunications giant, MTN Nigeria, has employed the services of the immediate past Attorney General of the United States, Mr. Eric Holder, in its $5.2billion legal battle with Nigerian Communications Commission, NCC.
The tussle between the Nigerian government and the South African company t [...]
L-R: Mr. Kachi Onobogu, Executive Director, Commerciaal, Promasidor Nigeria Ltd, Mr. Olivier Thiry, Managing Director, Promasidor, Prof. (Mrs) Ngozi Nnam, keynote speaker and Festus Tettey, Head of Marketing, Promasidor at a one-day workshop on breast feeding organised by Promasidor, Lagos.
Minister of Finance Mrs. Kemi Adeosun, has called for better collaboration between government and the private sector in addressing the poor state of infrastructure in the country.
Adeosun, who lamented that the years of underinvestment and poor maintenance have left Nigeria’s infrastructu [...]
The federal government has distanced itself from claims in some section of the media that it has opted for an out of court settlement in the $3.4 billion fine case between the Nigerian Communications Commission and MTN Nigeria.
Minister of Communication, Mr. Adebayo Shittu, made the clarificati [...]
Regardless of the tumbling oil prices and the repeated shut-ins, shut-downs of production lines for repairs in recent times, the federal government says it realized a 5.6 percent increase in the nation’s revenue for the month of December 2015.
The country recorded an increase from N297.45 [...]
About 26 directors of the Federal Inland Revenue Service, FIRS, have been transferred to various divisions in-line with its recent campaign to widen the nation’s tax base.
The massive restructuring which also saw the introduction of the state coordinator structure, a move the FIRS managem [...]
The end may not be insight to the low revenue generated from the nation’s crude oil, as the Monetary Policy Committee of the Central Bank of Nigeria predicts a prolong plunging of oil price in the global market.
A communiqué at the end of the committee’s meeting in Abuja said [...]
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