The National Bureau of Statistics (NBS) says Nigeria’s unemployment rate jumped to 7.5 per cent in the first quarter of the year (Q1 2015) compared to...
The National Bureau of Statistics (NBS) yesterday puts the final expenditure on Gross Domestic Product (GDP) of the three tiers of government at 42.81 per cent...
For their involvement in a currency scam in which defaced and mutilated notes amounting to about N8 billion were recycled into the country’s financial system, about...
Nigerians may soon heave a sigh of relief over the present fuel scarcity that has caused so much hardship, as members of the Major Oil Marketers...
Some staff members of the Code of Conduct Bureau (CCB) are up in arms with Mr. Sam Saba, chairman of the body that is supposed to...
There appears to be no end to the travails of Mr. Albert Okumagba, the Group Managing Director of BGL Group as the Securities and Exchange Commission...
The federal government through the National Council on Privatisation (NCP) has directed the Bureau of Public Enterprises (BPE) and the Nigeria Infrastructure Advisory Facility (NIAF) to...
About 80 per cent of goods found in markets across Nigeria and other parts of Africa are substandard products imported from outside the continent, by people...
The packaged water industry in Nigeria now generates an estimated N8 billion naira daily. This indication was given on Tuesday by the Director General of the...
The quarterly data released by the Debt Management Office (DMO) has revealed that the Federal Government of Nigeria’s (FGN’s) domestic debt as at ending of March...
The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) has reviewed the Cash Reserve Ration (CRR) deposits in the country to 31 per...
The Nigeria Social Insurance Trust Fund (NSITF) is in the eye of the storm. The reason for this is not far-fetched: the workers’ union is at...
Banks in Nigeria are likely to have issues in the first half of 2015 with Non Performing Loans (NPLs) as a result of declining crude oil...
The United Kingdom Charity Commission says it is carrying out a broad investigation into several allegations of financial misconduct and conflicts of interest against the Olusegun...
Contrary to what the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, told Nigerians that the NNPC had begun refunding $1.48bn into the federation account as directed...
Nigeria is set to have a new policy regime on taxes across the country. Ripples can authoritatively report that the federal government has approved the harmonisation...
The National Bureau of Statistics (NBS) on Wednesday released the Consumer Price Index for the month of April, with the country’s inflation rate rising to a...
Hell was literally let loose on Monday as members of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) threatened to go to war with...
The Minister of Finance, Dr Ngozi Okonjo-Iweala, says rumours that the country’s economy is in ruins are untrue, and that the nation’s economy will not collapse...
Minister of Finance and coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala says the country has lost huge revenue to tax holidays fraudulently granted companies by...
As at the end of 2014, the aviation sector in Nigeria had lost about $7bn to capital flight, this according to experts in the sector. The...
All is not well with the Securities and Exchange Commission (SEC). Ripples can authoritatively report that SEC workers may be poised for a major showdown with...
Africa’s richest man, Aliko Dangote, said he still wants to buy English Premier League soccer team Arsenal even after he was rebuffed by its owners in...
Nigerian telecoms operator, Globacom is making plans to buy over Ivorian mobile telecoms operator Comium Cote d’Ivoire, by making an offer of $600 million for the...
A former Managing Director of the Nigerian Security, Minting and Printing Company (NSMPC) Mr. Ehidiamhem Okoyomon, is to be extradited to the United Kingdom, within the...
Nigerians may still have to brace up for, and find ways of coping with the recent fuel scarcity that is only just slowly easing, as Minister...
When it comes to economic clout on the African continent, the United States has projected that Nigeria is likely to be the first country with an...
This exposition on Monopoly, the popular board game was inspired by Prince Al-waleed Bin Talal, the richest Arab in the world, with a net worth of...
Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mr. Elias Mbam has said it would be unwise for the country to sell its equity...
In efforts to ease the fuel scarcity being experienced in some parts of the country, the Federal Government said that oil marketers would on Thursday receive...
It is not news that disagreements over finances is one of the main reasons couples end up in divorce court. Financial advice is readily available, but...
Manufacturers in the country lost out completely in the African Growth Opportunity Act of the Barack Obama administration, because they failed to be competitive. AGOA, initiated...
Nigeria is losing about N500 billion in revenue, annually, to dysfunctional freight rail services that would have assisted in the haulage of goods from Tin Can...
Outstanding lease volume in the country went up by 11.3 per cent from N780 billion in 2013 to N869 billion in 2014. Analysis of the various...
In order to resolve the persistent local shortages of fuel experienced for the country’s thermal power stations, Nigeria needs to raise gas prices to bridge about...
Nigeria’s beleaguered national oil company, NNPC will be made to refund more than the $1.5 billion stated in the highlights of a PricewaterhouseCoopers (PwC) LLP report...
The domestic flight operations of Arik Air were on Thursday paralysed by the Federal Airport Authority of Nigeria (FAAN) over what the orgainsation described as high...
Owing to threats by some Nigerians that they would attack South African interests in the country due to the xenophobic attacks in that country, telecommunications marketers,...
The National Council on Privatisation (NCP) has affirmed that a total sum of N373.17 billion has been paid to staff of the defunct Power Holding Company...
In efforts to ensure continued safety and soundness of the banking industry, the Central Bank of Nigeria (CBN) and the Bankers Committee on Thursday stated that...
International Credit Rating Agency, Moody’s says there may be no major difference between the policy actions taken by the current administration to tackle the impact of...
Global rating agency, Fitch Ratings, says it has downgraded the outlook of Lagos State’s long-term foreign currency issuer default rating to negative from stable. The decision,...
The Flight charter service sub-sector of the Nigerian aviation industry, simply known as business aviation, is estimated to be worth about $3 billion annually, airlifting the...
With the presidential election over, stocks jumped out of red-zone as election tension vanished, recording a historical gain of N906.25bn in a day The equities market...
The concluded 2015 presidential elections lived up to its tag as the most keenly contested election since the return to democratic rule in 1999, ending with...
Fitch Ratings Incorporated (Fitch) on Monday affirmed Nigeria’s BB- rating, but revised Nigeria’s credit rating outlook to “Negative”. This decision comes barely a week after another...
As revenue tightens on account of soft oil prices, Nigeria has now advanced negotiations with both the World Bank and African Development Bank (AfDB) to borrow...
Committee of Chief Internal Auditors of Banks in Nigeria (CCIABN) has expressed worry over the increasing rate of frauds being perpetuated by fraudsters, saying banks have...
The elementary school years, when children are being introduced to mathematics concepts and coming to grips with numbers, are an excellent time to lay a solid...
Life doesn’t answer to those who deserve it but those who demand it and are disciplined enough. If you are thinking of building or increasing your...
