Business and Economy

Funding infrastructure with external loans blamed for problems in Nigeria’s education, health sectors

AN economist has blamed the Nigerian government's reliance on external loans to fund infrastructural projects for problems in the...

CBN again warns commercial banks to desist  from forex malpractices

THE Central Bank of Nigeria (CBN) has warned deposit money banks (DMBs) to desist from all forms of malpractice...
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Under Kyari and Dikko, Port Harcourt refinery makes zero revenue, employs 487 new staff, pays N23bn salary in 2020

MANAGERS of Port Harcourt Refinery Company (PHRC) have demonstrated that they are incapable of making good financial decisions, as...

Multiple taxation, port gridlocks, over-regulation hurting manufacturing companies – CEOs

THREE hundred and eighty out of 400 chief executive officers (CEOs) of manufacturing companies in Nigeria say multiple taxation...
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Expert cautions Wike against using Rivers’ task force to collect VAT

A Public Affairs Analyst and Lawyer Liborous Oshoma has urged Rivers State Governor Nyesom Wike to avoid using the...

VAT: FIRS war with states sends wrong signals to investors – Analysts

THE current face-off between the Federal Inland Revenue Service (FIRS) and state governments of Lagos and Rivers is sending...
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