Budgeting Economy News Extra Latest News Manufacturing Planning & Economic Development

NBS To Conduct Agric Sample Census In 2021

Smarting from the successes recorded so far in its ongoing National Business Sample Census (NBSC) and several other development-supportive surveys in the past year, the National Bureau of Statistics (NBS) on Monday hinted of its plans to undertake the National Agricultural Sample Census next year. The Statistician General of the Federation and Chief Executive Officer […]

Economy News Extra Latest News Power/Electricity

FG To Construct Power Plants In 15 Universities, Teaching Hospitals

The Federal Government said it had concluded arrangements to embark on design and construction of captive hybrid power plants across a total of 15 universities and two Teaching Hospitals in the country. The Managing Director of Rural Electrification Agency, REA, Ahmad Salihijo Ahmad, who disclosed this while speaking at the commissioning of the solar hybrid […]

Economy News Extra Investments/Capital Market Latest News Manufacturing Picture Speaks

During A Meeting Between Management Of The Securities and Exchange Commission (SEC) And Standards Organisation of Nigeria (SON) In Abuja

L-R, Director General, Standards Organization of Nigeria (SON), Mallam Farouk Salim, Executive Commissioner Operations, Securities and Exchange Commission (SEC), Mr. Dayo Obisan and Director General SEC, Mr. Lamido Yuguda, during a meeting between managements of the Securities and Exchange Commission (SEC) and the Standards Organisation of Nigeria (SON) in Abuja

Budgeting Economy News Extra Latest News Revenue Revenue Agencies Taxation

FIRS Generates N4.178Trn In 10 Months, Lauds Taxpayers

The Federal Inland Revenue Service (FIRS) has reported the sum of N4,178 trillion as its total revenue generated from January to the end of October 2020, representing 99 percent of its N4.23 trillion set target for the period. The Executive Chairman of the Service, Muhammad Nami, who made this disclosure in his goodwill message delivered […]

Banking Economy News Extra Investments/Capital Market Latest News

Fidelity Bank Excites Stock Market With Outstanding Performance, As Okonkwo Bows Out

The stock market players were in excitement mood on Wednesday with the smooth transition at Fidelity Bank Plc, when the Managing Director, Mr. Nnamdi Okonkwo, gave account of his 7-year stewardship and formally introduced his successor, Mrs. Nneka Onyeali-Ikpe, to stockbrokers. Speaking during the virtually held closing gong ceremony to formally close trading activities on […]

Economy News Extra Infrastructure & Capital Projects Latest News Privatisation & Commerce

BPE To Handle Public Enterprises, Infrastructure Concession

The Vice President and Chairman, National Council on Privatisation (NCP), Prof. Yemi Osinbajo has clarified that with the new Federal Government’s circular on the administration of Public-Private Partnership (PPP) projects in the country, the Bureau of Public Enterprises (BPE) shall be responsible for the concession of public enterprises and infrastructure already listed in the First […]

Economy News Extra Latest News Transportation

Passengers To Pay N3,000 Least Fare For Lagos-Ibadan Rail Service

The Minister of Transportation, Mr. Rotimi Amechi, has announced that commuters would pay transport fares ranging from N3,000 per trip to N6,000 on the Lagos-Ibadan standard gauge rail service when it kicks off next month. Specifically, the minister hinted that passengers on Economy Class would pay N3,000 per trip, while passengers in the Business Class […]

Crime & Judiciary Matters Economy News Extra Insurance & Pension Latest News

Money Laundering Charge: Court Orders Maina To Remain In Prison

The Federal High Court in Abuja on Friday ordered the remand of former Chairman of the defunct Pension Reform Taskforce Team, Mallam Abulrasheed Maina, in prison custody till the conclusion of his trial over money laundering charges. Maina is facing a 12-count money laundering charge preferred against him and his firm, Common Input Properties & […]

Budgeting Economy News Extra Infrastructure & Capital Projects Latest News Planning & Economic Development Political Economy Revenue

Taraba Proposes N139.46Bn Budget For 2021 Fiscal Year

The governor of Taraba State, Mr. Darius Ishaku, on Friday presented an Appropriation Bill of N139,460,435,961 to the state House of Assembly for consideration as budget for the 2021 fiscal year. Christened ‘Budget of Restoration and Stabilization’, the Bill pegged the state’s recurrent expenditure at N82,910,048,650, while capital expenditure is proposed to gulp N56,550,387,310. Governor […]

Economy News Extra Hospitality & Tourism Industry Latest News Maritime

Maritime Workers To Begin 3-Day Warning Strike From Monday

Maritime Workers Union of Nigeria (MWUN) has directed its members nationwide to shut ports operations and embark on a three-day warning strike from Monday, December 7, to protest the increasing problem of gridlock on the Apapa-Oshodi Expressway. Specifically, the union linked its planned industrial action to the worsening situation of the major road to the […]