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N25.7tn debt: Experts oppose IMF’s call for tax hike, say Nigerians overburdened

N25.7tn debt: Experts oppose IMF’s call for tax hike, say Nigerians overburdened

• Increasing tax will help FG to off set debts, execute projects – Fund • LCCI, don, others advise government to widen tax net Finance experts, Lagos Chamber of Commerce and Industry, a university don, among others, have disagreed with ...

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IMF recommends unified exchange rate for Nigeria

IMF recommends unified exchange rate for Nigeria

The International Monetary Fund has advised the Central Bank of Nigeria to unify the country’s exchange rate system in order to avoid situations where public and private sector decisions are distorted due to uncertainties. It also said there was a ...

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Border closure pushed inflation to 11.24% – NBS

Border closure pushed inflation to 11.24% – NBS

The Consumer Price Index released by the National Bureau of Statistics on Tuesday showed inflation index rose to 11.24 per cent in September, barely a month after the border closure. The 11.24 per cent represents an increase of 0.22 per ...

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NAF wings first female fighter pilots

NAF wings first female fighter pilots

The Nigerian Air Force on Tuesday inducted 13 new fighter pilots including two women, Kafayat Sanni and Tolulope Arotile. They were trained in the United States and South Africa. The new pilots were inducted at the NAF Headquarters, Abuja, on ...

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FG spent N3.3tn in six months, says minister

Govs opposed bailout’s N162m monthly repayment plan — FG

The Federal Government has spent the sum of N3.39tn within the first six months of this year to finance the 2019 budget. She gave the indication in Abuja on Monday during a public presentation of the 2020 budget, which was ...

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Julius Berger diversifies into oil & gas industry

Julius Berger diversifies into oil & gas industry

Julius Berger Nigeria Plc has announced its diversification into the oil and gas industry by acquiring a 20 per cent equity stake in Petralon Energy Limited. The firm said in a statement on Monday, which was made available to the ...

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Poor maintenance culture killed Nigeria’s refineries –NNPC

Senate summons NNPC GMD over pipeline vandalism

The Nigerian National Petroleum Corporation has blamed the moribund state of the country’s refineries on lack of proper maintenance of its facilities over the years. Although the NNPC noted that Nigeria had one of the highest number of technicians in ...

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Customs ban exports, imports via land borders indefinitely

Customs seek return of import tax on petroleum products

NIS denies 1,111 foreigners entry into Nigeria The Nigeria Customs Service on Monday announced an indefinite ban on importation and exportation of goods through the land borders. Comptroller-General, NCS, Col. Hameed Ali (retd), who stated this at a press conference ...

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FAAN Celebrates Customers With Road Walk

In a bid to satisfy customers and improve service delivery, Federal Airports Authority of Nigeria (FAAN) celebrated its Customer Service Week with RoadWalk to appreciate its customers. Enjoy the photos:

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NIPOSA: MD NPA RECEIVES TEAM HADIZA

The Managing Director of the Nigerian Ports Authority (NPA) Hadiza Bala Usman led the entire management of the Authority in receiving the victorious HQ participants at the just concluded Nigerian Ports Authority Sports Association (NIPOSA)- TEAM HADIZA who came out ...

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Rising public debt, weak economy worry bankers

Rising public debt, weak economy worry bankers

Bankers in the country have expressed worries over the unabated rise in the Federal Government’s debt profile. This was part of the submission of members at the recent Monetary Policy Committee meeting of the Central Bank of Nigeria. Part of ...

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BDC operators seek cut in cashless processing fees

Debt servicing gulped $1.09bn in nine months – CBN

The Association of Bureaux De Change Operators of Nigeria has called for a downward review of the cash processing fees introduced by the Central Bank of Nigeria under the cashless policy. In ABCON’s quarterly economic review for third quarter of ...

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Increased Customs Revenue Spells Doom For Nigeria’s Economy–PEBEC

Increased Customs Revenue Spells Doom For Nigeria’s Economy--PEBEC

· Armed Robbers attack our vessels at berth bimonthly in Apapa – Dangote By Kenneth Jukpor Despite the federal government’s tendency to set revenue targets for the Nigeria Customs Service (NCS), fresh reports have emerged that increased Customs revenue generation ...

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Harnessing Problem Solving Skills

Harnessing Problem Solving Skills

At times, workplace can be a maze. You are not sure whether what you are doing is politically correct or not, and many times you make mistakes. One of the areas where the top management scores the least marks is ...

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Analyzing Nigeria’s 2025 Quest For Gender Balance In Aviation

Analyzing Nigeria's 2025 Quest For Gender Balance In Aviation

  By Okuneye Moyosola Aviation has been associated with men for decades despite women’s significant contributions from the beginning but now, aviation leaders globally have sued for more leading roles for women. Women have played a pivotal role in the ...

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BULLS: Dial A Plumber

BULLS: Dial A Plumber

Today, there are several websites and applications that link technicians such as Plumbers, Electricians, Engineers, among others but almost 30 years ago, this was Lagos State Governor’s dream. Babajide Sanwo-Olu revealed this last when at the Lituation sub-national conference where ...

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BEARS: Dangerous Delays

FG approves N10 billion for Enugu airport repairs

The runway at Nnamdi Azikiwe International Airport, Abuja was fixed in less than six weeks while Enugu Airport, the only international airport in the south east has been shut down for 7 weeks without a single action on ground. Although, ...

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How to Become an Aircraft Mechanic

How to Become an Aircraft Mechanic

Major aircraft manufacturers are predicting a need for thousands of aircraft maintenance technicians each year over the next several years as more and more airplanes are produced. So the career as an aircraft mechanic is still up-and-coming. There is the ...

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Som-som Somachi

Som-som Somachi

Somachi Chris-Asoluka is the Head of Policy and External Relations for the Tony Elumelu Foundation. Prior to joining the Foundation, Somachi worked with the Corporate Governance and Finance division of Phillips Consulting Limited and she served as a research assistant ...

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Nigeria Needs Well-Structured Trade, Industrial Policies – Chukwu

Nigeria Needs Well-Structured Trade, Industrial Policies – Chukwu

By Kenneth Jukpor Mr. Johnson Chukwu is the Managing Director of Cowry Assets Management Limited. In this interview with MMS Plus newspaper he shares his thoughts on the proposed increment in Value Added Tax (VAT), appraises the government’s excessive taxation ...

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