The Federal Inland Revenue Service (FIRS) made a record N3.303 trillion in 2016, its chairman Babatunde Fowler disclosed in Lagos, shredding earlier reports of the revenue made for the central government by…
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Category: Economy
Dangote targets one million tonnes of rice
Ebun Francis Aliko Dangote, President of Dangote Group of Companies,on Wednesday during the inauguration of the Dangote Rice Out growers scheme in Sokoto state, disclosed that his company intends to…
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Nigeria’s inflation rate rises to 18.72 per cent- NBS
Nigeria’s inflation rate increased to 18.72 per cent in January 2017, from 18 .55 percent figure in December 2016., according to figures released Wednesday by the National Bureau of Statistics,…
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World Bank agrees to give Nigeria $2.5bn loan
Ebun Francis On the condition that the Country reform it’s current forex regime, the World Bank has agreed to give Nigeria $2.5bn loan. The news of the approval of the…
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Less than one per cent of Naira notes are fake – CBN
Chidi Samuel Contrary to the claim by a former Deputy Governor of Central Bank of Nigeria, CBN, Dr Obadiah Mailafia that 20 percent of the currency in circulation nationwide is…
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