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Nigeria loses billions daily as the JTF continues to steal oil in the Niger Delta

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Chi wins most Innovative FMCG company award

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The Minister of Finance, Budget and Planning,  Zainab Ahmed, has said the Federal Government is considering introducing excise duty on carbonated drinks. The minister made this known while addressing journalists on the sidelines of the ongoing annual meetings of the International Monetary Fund and World Bank Group. Excise duty is a levy placed on the …

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The Federal Government is reported to be working on plans to disengage over 200,000 N-Power beneficiaries. In an interview with NTA, senior special assistant to the President on social investment, Maryam Uwais,  said she is discussing with the Ministry of Finance on the next plan. She said: “we are trying to see how we can …

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The Minister for Finance , Budget and National Planning , Mrs . Zainab Ahmed, on Monday, said under – recovery of Premium Motor Spirit , popularly referred to as fuel subsidy, will gulp N 450bn in 2020 . The minister who made the statement in Abuja, at the public presentation of the 2020 budget proposals, …

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The Comptroller-General, Nigerian Customs Service, retried Col. Hameed Ali has insisted that all import and export of goods from land borders remain partially banned until an agreement with neighbouring countries on the kind of goods that should enter and exit Nigeria. According to him, the measure is for the security agencies to be able to …

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The Head of Chamber, Mba Ukweni and Associates, Ntufam Mba Ukweni, Senior Advocate of Nigeria (SAN) on Thursday, counseled Nigerians against celebrating the presentation of the 2020 budget proposal by President Muhammadu Buhari. Ntufam Mba, who spoke with Newsmen, lamented the non-implementation of the previous and other budgets in the country. He regretted that Nigerians …

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President Muhammadu Buhari on Thursday urged the South African government to repay Nigeria’s benevolence to  its companies by opening up its economy for Nigerian businessmen and women. Buhari, according to a statement by his Special Assistant on Media and Publicity, Garba Shehu, said this in Pretoria, South Africa,  during the inaugural meeting of the 9th …

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Former Minister of Defence, Lt. Gen. Theophilus Yakubu Danjuma (Rtd), has retired as a Director and Chairman of the Board of Directors May & Baker Nigeria Plc. A statement issued by the firm disclosed that the former military top brass exited the position at the board meeting of the company held on Friday, September 27, …

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Oil and Gas magnate and Executive Vice Chiarman and CEO of Aiteo group, Benedict Peters, has been appointed to the Board of Advisors of the U.S.-Africa Business Center (USAfBC) of the U.S. Chamber of Commerce. In his announcement, Chairman of the U.S.-Africa Business Centre, Scott Eisner commended Mr Peters and his company in strengthening the …

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Ekiti State Governor, Dr Kayode Fayemi, on Tuesday declared that the World Bank would shortly begin on some legacy projects across the state worth about 500 million dollars. The Governor stated this in Ado Ekiti, the state capital while presenting cheques worth N180 million to 19 benefiting communities under the state’s self-help community development programme. Tuesday’s …

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The FBI has arrested another Nigerian, Kenneth Ninalowo, believed to be a brother of Nigerian actor, Bolanle Ninalowo, in connection with money laundering and fraud. “A Country Club Hills woman and a 40-year-old man from Chicago are among nearly 300 defendants arrested as part of a massive roundup of individuals accused of sophisticated financial crimes …

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