Nigeria Exceeds OPEC Quota in March Nigeria continues to produce more crude oil in March despite agreeing to a production cut in December 2018. OPEC and...
Switzerland to Sue Nigeria Over 2018 Oil Tanker Seizure Authorities in Switzerland have begun planning legal action against the Nigerian government for seizing and detaining a...
Why FG Couldn’t Achieve 2018 Revenue Target –Udoma The Minister of Budget and National Planning, Senator Udo Udoma, explained why the Federal Government could not achieve...
IMF Urges FG to Remove Tax Incentives, Reform VAT The International Monetary Fund has urged the Federal Government to eliminate tax incentives and reform Value Added...
FG Generates $6.4bn from Shell in 2018 Shell Nigeria, Nigeria’s largest foreign investor, paid a total of $6,397,325,844 to the Federal Government in 2018. The company...
Foreign Reserves Surge on Higher Oil Prices Rising global oil prices and the surged in oil production in recent months are aiding the Nigerian Foreign Reserves....
Crude Oil Hits 2019 High On Wednesday Oil prices rose to a 2019 high on Wednesday following a report of an additional sanction on Iran and...
FG to Fund 2019 Budget Deficit With New Taxes, Concessions The Federal Government plans to finance Nigeria’s N1.859tn budget deficit in 2019 by introducing new taxes...
Stamp Duty: RMAFC Gets Approval to Probe Banks The Revenue Mobilisation Allocation and Fiscal Commission has secured the approval of the National Economic Council to probe...
Assets Worth N1.26tn Registered on National Collateral Registry Since the establishment of the National Collateral Registry in 2017, assets worth N1.26tn have been registered on the...
