FIRS breaks all-time record, generates N5.3trn in 2018

The Federal Inland Revenue Service, FIRS, has recorded an all-time high tax revenue collection of N5.23 trillion in 2018, with Value Added Tax, VAT,...

OPEC warns Nigeria to be disciplined

Following Nigeria’s exemption from the production cut agreed on by oil cartel, the Minister of State for Petroleum Resources, Dr. Ibe Kachikwu, says the...

GTBank’s MD arrested for allegedly assaulting employee

Officers of the Liberia National Police, LNP, have arrested Mr. Ayodeji Bejide, Managing Director of Guaranty Trust Bank, GT Bank, in Liberia over allegation...

Otedola to divest from Forte Oil, exit fuel business

The Chairman of Forte Oil Plc, Mr Femi Otedola, has announced his resolve to sell all his shares in the firm’s downstream business, according...

Lagos joins trillionaires’ club as Ambode presents 2018 budget

The Lagos State governor, Mr. Akinwunmi Ambode on Monday presented a 2018 budget estimate of N1,046,121,181,680 before the Lagos State House of Assembly. The projected...

Senate probes ‘NNPC’s diversion’ of NLNG dividend

The Senate on Tuesday begun an investigation into the diversion of $1.05bn from the ‎Nigerian Liquefied Natural Gas, NLNG, dividend to augment the shortfalls...

MTN fine: Buhari must clear his name on bribery allegation rocking...

The Peoples Democratic Party, PDP, yesterday challenged President Muhammadu Buhari to come clean on allegations of corruption and sharp practices that have trailed the...

Nigerian govt recovers N527bn, $53m through whistle blower policy

The Economic and Financial Crimes Commission, EFCC, as at May this year, recovered over N527 billion, as well as foreign currencies, through the Whistle...

$8.1bn remittance: CBN announces truce with MTN

Barely four months after telecoms giant, MTN Nigeria, was asked to return $8.1 billion it was said to have illegally repatriated from the country,...

How TSA led to recovery of N1.6bn from one account in commercial...

The Minister of Finance, Mrs Kemi Adeosun on Thursday disclosed how the implementation of the Treasury Single Account, TSA, led to the recovery of the sum...