Finance

Presidential tax committee recommends N800/$ Customs duty rate

The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an exchange rate of N800 per dollar Customs import duty rate for the rest of the year. This move will…

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Naira depreciates to N1,340/$ in parallel market

The Naira yesterday depreciated to N1,340 per dollar in the parallel market, from N1,300 per dollar last week Friday. Similarly,…

Yahaya Bello not subjected to media trial – EFCC

The Economic and Financial Crimes Commission, EFCC, has dismissed claims that its Chairman, Ola Olukoyede subjected the immediate past governor…

Sirika spends second night in EFCC custody over N8bn probe

Embattled former Minister of Aviation, Hadi Sirika, has spent his second night in the custody of the Economic and Financial…

MRS slashes diesel price to N1,050

MRS Oil Plc has slashed the price of Automotive Gas Oil popularly known as diesel to N1,050 per litre across…

Nigerian govt targets $10bn investment in oil & gas sector

Nigerian Government aims to attract about $10 billion worth of investment by signing the consolidated guidelines for implementing Fiscal Incentives…

$2.1bn Reserve Depletion: CBN Sold Only $581m To Market — Report

Nigeria’s external reserves shed $2.16 billion in the past month, falling to a seven-year low of $32.29 billion on April…

Nigeria Air: How EFCC Nabbed Sirika Over N8bn ‘Fraud’

A former Minister of Aviation, Hadi Sirika, was yesterday arrested and taken into custody by the Economic and Financial Crimes…

We’ll ensure Yahaya Bello faces trial no matter what it takes — EFCC chair

The chairman of the Economic and Financial Crimes Commission, Mr.Ola Olukoyede, insisted yesterday that the anti-graft agency would do everything…