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Economy

MMIA Customs command intercepts $8m

Comptroller-General of Customs, Col. Hameed Ali (Rtd) on Tuesday disclosed that the Murtala Mohammed International Airport Command intercepted $8.06 million from the airport.Ali...

Over 120 shops affected in Ebonyi market fire -Official

Mr John Nwanbeke, Chairman of Ofoke-Abba, Kpiri-kpiri Market Traders Association (OKMTA), says no fewer than 120 shops were affected by the fire disaster that...

Electricity: GenCos fail to generate 3,205.5 megawatts due to gas shortage

Electricity Generation Companies (GenCos), comprising gas-fired and hydro stations said that they could not generate 3,205.5 megawatts of electricity on Monday due to unavailability...

Minimum wage : Bayelsa NLC blocks Treasury building, demands Dec. salary

The Nigeria Labour Congress (NLC) in Bayelsa, on Tuesday shut down the Treasury Building in Yenagoa, to demand the implementation of the N30, 000...

FG advises states on realistic industrial plan

The Minister of State, Trade, Industries and Investment ,Amb. Maryam Katagum has advised states to develop a realistic industrial plan to revive the sector...

Finance Act will stimulate Nigerian economy — Osinbajo

Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country on the path of...

Africa has potential to be biggest economic miracle, says AfDB President

Dr Akinwunmi Adesina, President,  African Development Bank (AfDB) on Saturday said Africa had the potential of becoming the biggest economic hub with the right...

Customs FOU Zone B generates N1.5bn as duty on smuggled vehicles in 2019— Controller

The Nigeria Customs Service (NCS), Federal Operations Unit (FOU) Zone ‘B’ has generated about N1.5 billion as customs duty on smuggled vehicles in 2019.The...

FG committed to gender-responsive procurement – Minister

The Federal Government says it is committed to gender-responsive procurement and strategies to ensure that women have equal access to jobs and contracts.Amb. Mariam...

Tax expert urges NASS to okay Feb. 1 as VAT approval date

A tax expert, Mrs Morenike Babington-Ashaye, on Thursday urged the National Assembly to make a pronouncement on the commencement date for the implementation of...

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