Lagos State is unique in many ways. It is the most populous state of Nigeria and is the leading non oil sector contributor to the country’s Gross Domestic product (GDP). In 2006, it contributed 30% […]
Nigeria’s largest independent power plant (IPP), Azura Edo Power Plant, is a huge suction pipe set up to siphon millions of tax-free dollars through a network of Mauritius-incorporated offshore shell companies to a number of […]
The Senate has again shifted the time for the passage of the Petroleum Industry Bill from this year to the first quarter of 2018 on the premise that the National Assembly has a lot of […]
IF the threats by the private waste disposal operators in Lagos State, under the aegis of Association of Waste Managers of Nigeria, is anything to go by, possible reappearance of heaps of refuse on the […]
Banks still earn plenty of money, and fees are an important source of profits. That means that people who do pay fees make up for everybody else – sometimes paying thousands of naira or more […]
Steve Ayorinde, Lagos state commissioner for information and strategy, says only 600,000 Lagosians have paid their taxes up to date. The state has a population of over 18 million people. In a statement on Monday, […]
President Muhammadu Buhari has requested legislative approval to buy two pigs in a poke by way of external loans whose terms and conditions would only be known at the point of collection. A sovereign people […]
Entrepreneurs are towing the path of pay TV business and seeking ways to make money, writes Ozioma Ubabukoh If you have been following the developments of pay TV platforms in Nigeria through apps, you will […]
Lawyer and human rights activist, Ebun-Olu Adegboruwa, tells BAYO AKINLOYE that the judiciary is complicit in the Federal Government’s efforts to take over 46 million bank accounts without BVN Some have considered the step taken […]
In a deft move that caught many unawares, Justice Nnamdi Dimgba of the Federal High Court Abuja, last week, ordered that account holders without Bank Verification Number (BVN) risked forfeiting their monies. The court specifically […]
Exactly four years since 11 power distribution and six generating firms were handed over to some “private investors,” it is a bleak anniversary, rendered gloomier still for Nigerians and businesses by the missteps and disarticulation […]
By tomorrow, the privatisation of major utilities in the power sector would be four years old, yet the constraints of debts crises, collection loses, poor metering, power outages and about N1 trillion liquidity crises have […]
Over the last three weeks, not many users of new and traditional media could have missed items on the country’s pay-television sector. The bulk of this, for reasons you probably already know, has revolved around […]
THE Minister of Agriculture and Rural Development, Chief Audu Ogbeh on Thursday said despite criticisms on the ongoing yam export, the federal government will continue exporting the product as it has contributed immensely to the […]
Nigeria and Indonesia have agreed to work together to increase the level of economic cooperation between both countries. This was disclosed by Vice President Yemi Osinbajo while speaking at a bilateral meeting he held with […]
CENTRAL Bank of Nigeria (CBN) has released a regulatory framework for Bank Verification Number (BVN) operations and watch-lists for Nigerian financial system, in the quest to develop and enhance security of electronic payment systems in […]
The Johannesburg Stock Exchange, JSE, on Thursday suspended trading in the shares of Nigerian oil company, Oando. The suspension came after an order by Nigeria’s Securities and Exchange Commission, SEC, prompted the Nigerian Stock Exchange, […]
THE Ekiti State government will commence the disbursement of N1billion Central Bank (CBN) facility it guaranteed, to small and medium scale enterprises (SMEs) in the state from tomorrow (Thursday). The state Commissioner for Commerce, Industries […]
The Lagos State Government on Monday disclosed that it had acquired 32 metric tonnes per hour rice mill, which would help create no fewer than 200,000 jobs and ensure sustainable supply of wholesome rice to […]
Yes, the Federal Government should be allowed to borrow that money. This is not the same as the kind of debts we incurred in the past. The debts we incurred in the past were not […]
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