Business

This will be one of the many major collapses to happen this year alone. There had been at least eight collapses that plunged substantial parts of the country into darkness.
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The Senate of the Federal Republic of Nigeria has already declared that the interim management committee is illegal. On the same day, the Senate had said that having confirmed the appointment of the new board, they should take over…
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The amount, he said, represented the outstanding liabilities of PAYE by the federal MDAs to state governments from 2002 to 2016.
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On Wednesday, at least two senators complained, wondering how they would debate and pass a bill whose content they do not know. Senate President Ahmad Lawan overruled both senators. The Senate then passed the second reading of the bill…
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Adeleke made the disclosure on Monday at a press briefing organised by a group known as ‘Friends of Seyi Makinde’, held at the Ministry of Information, Secretariat, Agodi, Ibadan.
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The land borders are expected to be reopened on January 31, 2020, thus dashing the hopes of entrepreneurs in the West African region who were optimistic that the Nigerian government will end the military exercise before Christmas.
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Chevron Quitting Nigeria To Focus On Shale Back Chevron is divesting itself from oil fields in Nigeria for the shale fields in New Mexico and Texas. Sources told Reuters that it has started discussing with buyers to sell some of its…
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Director-General of DMO, Ms Patience Oniha, who made the disclosures, said there were time constraints before the end of the 2019 budget cycle, as Federal Government wants to start its budget implementation for 2020 in January.
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According to the report titled ‘State of States’ which was presented by Research and Policy Lead Analyst for BudgIT, Ojiugo Uche, showed that most states’ economies are tied to informal trade and skeletal industrial output with exception of…
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Further findings from the July 2019 financial report showed that the N89.2bn subsidy spending in April was the third highest amount spent by the oil firm in one month since January 2019.
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