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Category: Economy

Business Economy

NCAA suspends First Nation Airline’s operation

Iheanyi Ejiofor May 14, 2018

Emeka Ejere| The Nigerian Civil Aviation Authority (NCAA) has suspended the Air Operators Certificate (AOC) of First Nation Airways indefinitely over “unauthorised and illegal operations”. NCAA Spokesman, Sam Adurogboye, said…

Read More NCAA suspends First Nation Airline’s operation
Business Economy headline

How states withdrew N593bn from federation account in 3 months

Iheanyi Ejiofor May 14, 2018 headline

Emeka Ejere| The 36 states of the federation have so far withdrawn about 593.1 billion from the Federation Account as revenue generated in the first quarter of 2018. The breakdown…

Read More How states withdrew N593bn from federation account in 3 months
Business Economy

Nigeria capital inflow hit $6.3b in Q1 driven by foreign investors

Iheanyi Ejiofor May 11, 2018 headline

Emeka Ejere| Capital inflow into Nigeria rose almost sixfold in the first quarter compared to a year ago, following last year’s liberalisation of the currency for foreign investors and steps…

Read More Nigeria capital inflow hit $6.3b in Q1 driven by foreign investors
Business Economy

NASS may pass major oil reforms by July -Saraki

Iheanyi Ejiofor May 10, 2018 headline

Emeka Ejere| The Senate aims to pass a long-delayed bill to overhaul the oil sector by the end of July, Senate President Bukola Saraki has said. The Petroleum Industry Bill…

Read More NASS may pass major oil reforms by July -Saraki
Business Economy

Number of Tax payers rises by 5m in 1 year – Osinbajo

Iheanyi Ejiofor May 10, 2018

Emeka Ejere| Vice President Yemi Osinbajo on Wednesday in Abuja, said that over five million new tax payers have been enrolled in the last 12 months. Speaking at the 20th…

Read More Number of Tax payers rises by 5m in 1 year – Osinbajo

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