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Business

Nigeria climbing to N100 trillion debt stock as Tinubu seeks Senate mandate to borrow N7 trillion

Six months in the saddle, the present administration of President Bola Ahmed Tinubu appears to be toeing the line of its predecessor seeking the...

More Nigerians slip into depression, as app loaners threaten, libel amid allegations of mind-boggling corruption

Loan sharks are churning out libellous messages, threats, and taking unlawful actions that are causing many Nigerians to slip into depression, with some unverified...

Edo IGR to reach 70bn in 2024, says Obaseki

The Edo State Governor, Mr. Godwin Obaseki, has said the State’s Internally Generated Revenue (IGR) will grow in excess of N70 billion by 2024. The...

African Union ululates as global south get tax resolution through at UN

In a cautious note that belies the surprise of the global north,  African countries and others in the global south have succeeded in getting...

Asking Nigerians to tighten belts, governors blow N1.3 trillion on trips, feeding, other inanities

The 36 states of the federation have spent N1.71tn on recurrent expenditures including allowances, foreign trips, office stationery, aircraft maintenance, and more in the...

Vandalism of 5,000kms of oil pipelines, a national calamity, NNPCL chief cries out

One moment, one story is the situation of the Nigerian National Petroleum Company Limited (NNPCL). Now it is crying out that vandalism on over...

Foreign shipping companies lifting crude oil must comply with Nigeria’s tax laws—FIRS chairman

The chairman, Federal Inland Revenue Service (FIRS), Zacch Adedeji, has charged non-domestic companies shipping crude oil from Nigeria to ensure strict compliance with the...

Recurring decimal: Inflation rate climbs 27.33%

The National Bureau of Statistics, NBS, said Nigeria’s headline inflation rate increased to 27.33 per cent in October 2023. The NBS disclosed this in its...

Buhari administration bankrupted Nigeria, says NSA Ribadu

In a rare admission of the economic malaise the past administration of Muhammadu Buhari put Nigeria, the National Security Adviser (NSA), Malam Nuhu Ribadu,...

48 hours after Tinubu promise of good Nigeria/Saudi relations, visas of  264 passengers cancelled on arrival

48 hours after President Bola Tinubu spoke about pulling down walls negating against smooth bilateral trade relations with Saudi Arabia, Saudi authorities have dealt...

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