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Japan’s central bank has become the first among G7 nations to own assets collectively worth more than the country’s entire economy, following a half-decade spending spree designed to accelerate weak price growth.
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Following the successes recorded in the N-Power programme of the Buhari administration and the growing need for government’s direct intervention in job creation, the Federal Government will expand the N-Power scheme to accommodate 1 million beneficiaries in the next phase, according to Vice President Yemi Osinbajo, SAN.
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WorldStage Newsonline– The Federal Inland Revenue Service (FIRS) on Friday said it had identified about 6000 companies with over a billion naira in annual turnover without any record of commensurate payment of tax obligations .
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The National Economic Council (NEC) and Federation Accounts Allocation Committee (FAAC) have approved the use of Nigeria Liquified Natural Gas dividends for financing petroleum products importation.
Read More The Nigeria Agricultural Quarantine Service (NAQS) said that Nigeria would resume the export of hibiscus, popularly known as Zobo, to Mexico.
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The Minister of Information and Culture, Alhaji Lai Mohammed, has said the successful, two-week tour of cultural heritage and historic sites across the country by local and foreign bikers, under the auspices of the Latin America Motorcycles Association (LAMA), has confirmed that Nigeria is now safe for tourism and business.
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WorldStage Newsonline– Nigeria’s ranking in the 2019 edition of the World Bank Group’s annual ease of doing business dropped by one step to 146 when compared with last year, despite the improvements recorded in the process of starting a business, getting electricity, trading across borders, according to the report.
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Governments around the world set a new record in bureaucracy busting efforts for the domestic private sector, implementing 314 business reforms over the past year, says the World Bank Group’s Doing Business 2019: Training for Reform report.
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Mr Devakumar Edwin, the Dangote ’s Group Executive Director, said on Tuesday that the planned 650,000 barrel per day capacity petrochemical refinery per day project, will transform and diversify the Nigerian economy when completed.
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Dr Emmanuel Kachikwu, Minister of State for Petroleum, has declared that Nigeria has the strongest economy in Africa and the most profitable investment destination in the world.
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