The Central Bank of Nigeria (CBN) has revoked the operating licences of 21 Primary Mortgage Banks (PMBS) as well as one microfinance bank . It further directed the Nigeria Deposit In... Read more
The federal government has deferred the 35 per cent levy on used cars imported into the country till April 30 this year. The levy, which was earlier billed to take effect from January 1, 201... Read more
A/Court dismisses N47.1bn theft charge against Akingbola The Court of Appeal in Lagos on Wednesday dismissed a N47.1 billion theft charge against a former Managing Director of Intercontinen... Read more
Prices of used cars are expected to rise appreciably in the New Year as the Federal Government begins the collection of 70 per cent duty on second-hand vehicles imported into the country fro... Read more
Customers of banks who have reasons to make transaction on Wednesday (today) may have to make hay when the sun is shining. Most banks have indicated that they would be closing between 12 noo... Read more
The Federal Government Denied Tuesday newspaper report which claimed “that the 2014 budget year has been extended to the end of March 2015. A statement by Francis Ojiah,director of administr... Read more
Diezani Alison-Madueke, OPEC President The Obama administration on Tuesday bowed to months of growing pressure over a 40-year-old ban on exports of most domestic crude, taking two steps expe... Read more
The National Drug Law Enforcement Agency (NDLEA) Fourteen drug suspects haven nabbed by the National Drug Law Enforcement agency (NDLEA) at the Murtala Muhammed International Airport (MMIA)... Read more
President Goodluck Jonathan made tax payments of N6, 264,221.75 to the Federal Inland Revenue Service, (FIRS), out of a total of N43, 230, 871.44 as president between 2011 and 2013.... Read more
The Securities and Exchange Commission has shifted the deadline for the recapitalization of registered capital market operators, which was billed to take off by January 1, 2015. The commissi... Read more