Economy
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Group to hold summit on Igbo Stabilization Fund
The Igbo World Assembly (IWA) is set to hold a global summit on strategies to galvanize deeper investment in Igboland.…
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LASG generates N127bn in Q1 Y2021, saves N8.9bn via debt renegotiation
Lagos State Internally Generated Revenue (IGR), closed at N127 billion at the end of the first quarter (Q1), Y2021, just…
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Federal MDAs fail to remit N1.2trn to federation account – FRC
The Fiscal Responsibility Commission (FRC) says Ministries, Departments and Agencies (MDAs) of the Federal Government are keeping N1.2 trillion in…
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Inflation moderates by 0.05 % in April
The National Bureau of Statistics (NBS) says the inflation rate fell by 0.05 per cent in April compared to what…
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Lagos Govt raises capital base of cooperatives to N33b in 2yrs
The number of Cooperative Societies revalidated by the Lagos State Government through its Ministry of Commerce, Industry and Cooperatives has…
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Only 22% poorest Nigerian households have electricity access – World Bank
Most poor households in Nigeria are not connected to the country’s electricity supply network as only 22 per cent of…
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We are constructing a Dry Port in Abia to meet the needs of our people – Ikpeazu
The Abia State Governor, Dr. Okezie Ikpeazu, has said his administration is prioritizing the needs of the people in terms…
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Remittance inflows to Nigeria declines by 28% in 2020 ― World Bank
The World Bank says remittance inflows to Nigeria declined by 28 per cent in 2020 because of COVID-19 pandemic. The…
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Beer, beverages account for Nigeria’s highest company income tax
The National Bureau of Statistics (NBS) has reported an impressive aggregate earning from Company Income Tax for the first of…
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Lagos proposes new electricity policy – Energy Commissioner, says policy’ll accelerate “Light-up Lagos” initiative
The Lagos State Government, through the Ministry of Energy and Mineral Resources, is set to have a State Electricity Policy…
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