The Nigeria Deposit Insurance Corporation (NDIC) said it had paid N2.024 billion to about 70,424 depositors of closed Microfinance Banks (MFBs) as at August 2011. This...
The House of Representatives last Thursday, expressed worry over the continued low level of releases of capital allocation by the Ministry of Finance, to Ministries, Departments...
The Lagos State Internal Revenue Service (LIRS), has sealed eight companies for failing to remit taxes amounting to N28. 3 million. The Tide Source who accompanied...
Vice President Namadi Sambo last Thursday said that successful bidders for investment in the power sector are to pay 25 per cent of the bids as...
A former governor of Lagos State, Alhaji Lateef Jakande, has urged the Federal Government to diversify the economy to reduce Nigeria’s over-dependence on petroleum. Jakande told...
The Federal Executive Council (FEC) has approved N4.333 billion contract for the procurement of trains and coaches, Transport Minister Idris Umar, said. Umar disclosed this after...
The authorities of the Greater Port Harcourt City Development Authority (GPHCDA), has appealed to the Rivers State House of Assembly to give consideration to two fresh...
The Federal Executive Council (FEC) recently approved N6.3 billion for the procurement of 13 million smart-cards for the take-off of the National Identity Management Scheme. Minister...
The Director-General, Raw Materials Research and Development Council (RMRDC), Prof. Peter Onwualu, said that Nigeria spent more than N11 billion on the importation of 65,809 tonnes...
The Nigeria Labour Congress (NLC), has condemned the call by CBN Governor, Sanusi Lamido Sanusi that the Federal Government should sack 50 per cent of the...