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Economy

ANAMBRA SIGNS N39m CONTRACT FOR MODERN PARK AT NKPOR

The Anambra state governor, Chief Willie Obiano has this afternoon signed a Memorandum of Understanding (MoU) with transport management company, Business Links Limited for the development of an ultra-modern vehicles park at Nkpor Flyover, Enugu-Onitsha Expressway, Nkpor, Idemili North Council area of the state. Under the MoU which worth N39.3 …

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Forex: Reps demand sack of CBN governor

Members of the House of Representatives have called for the immediate removal of the Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele, over the continuous fall of the naira at the parallel market and his management of the foreign exchange market (Forex) The clamour for Enefiele’s removal by the …

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EU denies calling for further devaluation of the Naira

The European Union (EU) has denied reports that it called on the Nigerian government to further devalue the Naira. The News Agency of Nigeria (NAN) had reported that European Union (EU) official Fillippo Amato advised the Federal Government to devalue the Naira as part of measures to tackle the economic …

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Over 700 political cases pending in Nigerian courts-IPAC

Over 700 cases involving political parties and the Independent National Electoral Commission (INEC) are pending in various Nigerian courts. The National Financial Secretary of Inter-Party Advisory Council of Nigeria (IPAC), Shuaibu Bobboi, made this known at a press conference on Saturday in Jalingo. According to Mr. Bobboi, the cases are …

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Senate rejects planned Communication Tax

the nigerian senate

The Senate has kicked against the Federal Government’s move to impose Commu­nications Service Tax on Nigeri­ans. The proposed tax contained in an Executive Bill before the Sen­ate Committee on Communica­tions, seeks to make provisions for certain compulsory payments from communications consumers in the country. In his lead debate, the Chair­man, …

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