Budget: FG votes N46bn for manufacturing zones

The Federal Government is planning to spend a total of N46.39bn this year on the construction of special economic zones for the manufacturing sector in all the six geo-political zones in the country. The amount is part of the 2018 proposed budget sent to a joint session of the National Assembly by President Muhammadu Buhari last year. The 2018 budget More...

by Kwararafa Reporters | Published 2 weeks ago
By Kwararafa Reporters On Friday, February 2nd, 2018
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We are determined to build robust tax system – Adeosun

Minister of Finance, Mrs Kemi Adeosun, said Federal Government was committed to implementing any policy that would boost the country’s tax system and ensure ease of doing business. Adeosun said this on Friday More...

By Kwararafa Reporters On Thursday, February 1st, 2018
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Shell’s annual profit triples to $13bn

Royal Dutch Shell said Thursday that profit after taxation almost tripled to just under $13bn (10.5 billion euros) in 2017, energised by rising oil and gas prices. Net or bottom-line earnings for the full year More...

By Kwararafa Reporters On Wednesday, January 31st, 2018
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Senate warns Nigerians against investment in bitcoins

  The Senate has warned Nigerians against investing in bitcoins and urged the Central Bank of Nigeria, Nigerian Stock Exchange and the Nigerian Deposit Insurance Corporation to launch awareness campaigns on More...

By Kwararafa Reporters On Monday, January 29th, 2018
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We received N5.1tn as subsidy payment in nine years –NNPC

The Nigerian National Petroleum Corporation has said it received a total of N5.1tn as payments for subsidy on the Premium Motor Spirit (petrol) between 2006 and 2015. The corporation, which said the payments were More...

By Kwararafa Reporters On Monday, January 29th, 2018
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Nigeria losing trillions to fuel subsidy cabal – Saraki

Senate President, Bukola Saraki, said on Monday that fuel subsidy scheme designed for the benefit of poor Nigerians has become a cash cow for few people who continued to milk the country dry in trillions of naira. Saraki More...

By Kwararafa Reporters On Monday, January 29th, 2018
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Car owners to pay N200 at Lekki toll plaza

The Lekki Concession Company has released details of the new tolls to be paid by motorists using the Lekki-Epe Expressway and Ikoyi Link Bridge in Lagos. It said in a statement obtained on Sunday that drivers/owners More...

By Kwararafa Reporters On Friday, January 26th, 2018
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Special Economic Zones coming

The local textiles and garment industry will be revamped at the Special Economic Zones (SEZs) to be created, Vice President Yemi Osinbajo has said. According to Osinbajo, the Federal Government and the private More...

By Kwararafa Reporters On Wednesday, January 24th, 2018
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2018 budget: FG votes N5.30bn for grazing reserve devt

The Federal Government has earmarked N5.30 billion on national grazing reserve development in the 2018 budget which is being considered by the National Assembly. The budget is coming at a time when the country More...

By Kwararafa Reporters On Wednesday, January 24th, 2018
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Sanusi, Mangal can’t stop Oando’s forensic audit – Group

The Oando Shareholders Solidarity Group has said the intervention of the Emir of Kano, Muhammadu Sanusi II, in the face-off between the company and one of its aggrieved shareholders cannot stop a forensic audit More...



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