THE Federal Inland Revenue Service (FIRS) said that no fewer than 1,000 companies have begun integrating with its newly-launched electronic invoicing solution (e-invoicing) barely two weeks after it went live. According to a statement by Dare Adekanmbi, Special Adviser on Media to FIRS Chairman, Zacch Adedeji, the figure represents 20 per cent of over 5,000 […]
By VIVIAN EMONI THE Nigeria Export Promotion Council (NEPC), says Nigeria exported products worth 663 million metric tonnes to 11 ECOWAS countries in the first half year of 2025. The Director-General of the NEPC, Mrs. Nonye Ayeni, made this known to newsmen, while presenting a report on first half of 2025 Non-Oil Export Performance, […]
By VIVIAN EMONI NIGERIAN Export Promotion Council (NEPC) has announced that the country’s non-oil exported products in the half-year of 2025 were valued at 3.225 billion dollars. Director-General of the council, Mrs. Nonye Ayeni, disclosed this to newsmen while presenting a report on the first half of 2025 Non-Oil Export Performance, in Abuja on Sunday. […]
By VIVIAN EMONI MRS. Noneye Ayeni, Director-General, Nigeria Exports Promotion Council (NEPC) says the council has distributed 23,239 hybrid seedlings and farm inputs to 3, 047 farmers across the country. Ayeni disclosed this to newsmen while presenting a report on the first half of 2025 Non-Oil Exports Performance in Abuja. She said that the effort […]
THE Federal Inland Revenue Service (FIRS) has hosted its inaugural Research Day, a milestone event aimed at embedding research-driven decision-making into Nigeria’s tax administration. The event, championed by the Executive Chairman of FIRS, Dr. Zacch Adedeji, brought together internal stakeholders, scholars, policymakers, and tax professionals to unveil a set of knowledge products designed to boost […]
By AMINU GARKO GOVERNOR Abba Yusuf of Kano State has disbursed empowerment packages to 1,130 graduates of six entrepreneurship skills institutes, as part of his administration’s agenda for job creation and economic growth. The Spokesman to the Governor, Sunusi Dawakin-Tofa, disclosed this in a statement issued in Kano and made available to newsmen on Saturday. […]
By ALEX ENEBELI GOVERNOR Peter Mbah of Enugu State, on Saturday, laid the foundation stone for the construction of a 5,000 shop-capacity Nsukka International Market. Speaking at the event, Mbah promised that his administration would always take into account persons affected by development projects in the state. He dismissed the allegation of targeting to compensate […]
By TAIYE OLAYEMI STOCK market investors traded 8.736 billion shares worth ₦134.577 billion in 180,290 transactions on the Exchange during the week just ended. This is compared to 4.847 billion shares valued at ₦149.755 billion that exchanged hands last week in 174,267 deals. As a result, the total value of transactions fell by 11.3 per […]
THE Dangote Petroleum Refinery has firmly dismissed recent reports alleging a shutdown of its operations, reassuring the public and market stakeholders that its activities remain fully active and stable. In an official statement by the Group Chief Branding and Communications Officer, Anthony Chiejina, the refinery’s management categorically denied claims that truck loading has been suspended […]
THE Central Bank of Nigeria (CBN) has revealed extensive irregularities in several undelivered foreign exchange (FX) forward contracts currently under investigation, following a forensic audit conducted by Deloitte. In a document titled “Frequently Asked Questions (FAQ) on the Settlement of Undelivered Forward Contracts,” published Thursday on its website, the Apex Bank detailed numerous compliance violations, […]