Business

Reps To Investigate Alleged Revenue Loss Of $7.6trillion By NNPC

Reps To Investigate Alleged Revenue Loss Of $7.6trillion By NNPC

Business January 18, 2018 at 3:13 pm 0 comments

The House of Representatives is to investigate the reasons responsible for Nigeria losing about 7.6 trillion Naira crude oil revenue to international oil companies.
In a motion sponsored by Rep. Sunday Katung, lawmakers were informed that the loss, which is from 1993,

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Imperial International Business City, IIBC, Lekki Lagos

Inflation Rate Drops To 15.37% In December – NBS

Business January 16, 2018 at 12:15 pm 0 comments

The National Bureau of Statistics on Tuesday released the Consumer Price Index which measures inflation with the rate dropping from 15.9 per cent in November to 15.37 per cent in December.
The drop of 0.53 percent points recorded in December makes it the eleventh consecutive slowdown in the inflation rate.
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Osun Commissioner Harps On Tax For Sustainable Development

Osun Commissioner Harps On Tax For Sustainable Development

Business January 13, 2018 at 3:35 pm 0 comments

The economic challenges facing Nigeria as country are not hidden and the State of Osun being an integral part of the Federation is not isolated from the effects of such challenges.
Therefore every right thinking State government and by extension state’s ministries on whose shoulders the responsibility of managing finances

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Fuel scarcity

Fuel Scarcity To End Soon, Marketers Already Loading Products – NNPC

Business December 24, 2017 at 12:18 pm 0 comments

Six major petroleum marketers are already loading products round the clock from their various depots in Lagos for onward trucking to all parts of the country.
This is according to the Nigerian National Petroleum Corporation (NNPC), as part of its intensified efforts to flood the market with Premium Motor Spirit

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Sokoto 2018 Budget: What’s In It For You?

Sokoto 2018 Budget: What’s In It For You?

Business, Opinions December 22, 2017 at 3:52 pm 0 comments

 By Imam Imam
Sokoto State’s 2018 budget, as presented to the state House of Assembly by Governor Aminu Waziri Tambuwal, will be the last full budget before the 2019 general elections. Expectations are high that the next fiscal year will see to the realization of many promises made not

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Tambuwal Proposes N220b For 2018 Fiscal Year

Tambuwal Proposes N220b For 2018 Fiscal Year

Business December 22, 2017 at 3:41 pm 0 comments

Governor Aminu Tambuwal on Thursday presented the 2018 budget to the Sokoto State House of Assembly with a total estimate of N220 billion earmarked by the government.
 
Speaking at the presentation ceremony in Sokoto, Tambuwal said 69.9 percent of the budget, or N152.8 is for capital expenditure while the

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