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FG: Why we suspended Nigeria Air

    FG: Why we suspended Nigeria Air

The federal government says it suspended the national carrier project due to investor apathy. Addressing journalists on Monday at the Murtala Mohammed International Airport in Lagos, Lai Mohammed, minister of

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FG may sell 10 state-owned coys to fund 2018 budget

    FG may sell 10 state-owned coys to fund 2018 budget

Joe Anichebe, a director at the Bureau of Public Entreprises (BPE), says the federal government might put up 10 state-owned companies for sale in the fourth quarter of 2018. According

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Okonjo-Iweala: China’s help in building Africa’s infrastructure is important

    Okonjo-Iweala: China’s help in building Africa’s infrastructure is important

Ngozi Okonjo-Iweala, former minister of finance, says the assistance China is rendering to African countries in building infrastructure is important. In an opinion published in Financial Times, Okonjo-Iweala, who is

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FIRS: 6,772 corporate bank accounts to be frozen for tax default

    FIRS: 6,772 corporate bank accounts to be frozen for tax default

Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), says 6,772 corporate bank accounts will be frozen for defaulting on tax payments. In a statement released on Sunday,

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CBN revokes Skye Bank’s licence, Polaris Bank to take over assets

    CBN revokes Skye Bank’s licence, Polaris Bank to take over assets

The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank. Umaru Ibrahim, chairman of the Nigeria Deposit

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Police recover N8bn, $470m NNPC funds from banks

    Police recover N8bn, $470m NNPC funds from banks

The Nigeria Police Force says it has recovered N8 billion and $470.5 million belonging to the Nigerian National Petroleum Corporation’s

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CBN to refund N1.3trn to MTN? A dummy’s guide to the ‘dividend’ saga

    CBN to refund N1.3trn to MTN? A dummy’s guide to the ‘dividend’ saga

The Central Bank of Nigeria (CBN) recently called out MTN, Nigeria’s largest telecommunications company, over repatriation of dividends, asking the telco to refund

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Rivers overtakes Lagos as top investment destination

    Rivers overtakes Lagos as top investment destination

The investment profile report by the Nigeria Investment Promotion Commission (NIPC) shows that Rivers state received the largest investment in

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Airline operators back suspension of national carrier

    Airline operators back suspension of national carrier

The Airline Operators of Nigeria (AON) has commended the federal government for taking the step to suspend the national carrier

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