Tag: MDAs

41

Revenue Shortfall: FG Discovers N100bn Tax Fraud By Contractors

Revenue Shortfall: FG Discovers N100bn Tax Fraud By Contractors

• Begins No Tax ID, No Payment Policy • To undertake compliance spot checks on MDAs Photo Caption: Minister of Finance, Mrs. Kemi Adeosun with th...
Moody’s Downgrades Nigeria’s Sovereign Rating, Blames Weak Reforms

Moody’s Downgrades Nigeria’s Sovereign Rating, Blames Weak Reforms

Moody's Investors Service, on Tuesday downgraded Nigeria’s long-term issuer and senior unsecured debt rating to B2 from B1 and the senior unsecured MT...
NNPC JVs Will Boost Nigeria’s Revenue by $30bn In 10 Years, Says GMD

NNPC JVs Will Boost Nigeria’s Revenue by $30bn In 10 Years, Says GMD

• Admits Owing $6bn Pre-2016 Debt The Nigerian National Petroleum Corporation (NNPC) on Monday assured that the four major investments it recently ...
NSE Indices At New Highs: Positioning In Value Stocks, Staving Off Impending Pull-back

NSE Indices At New Highs: Positioning In Value Stocks, Staving Off Impending Pull-back

Market Update for June 19 The Nigeria equity market had a strong gap up to start the week strong on Monday. The day started off with a bang as the s...
Nigeria’s Stock Indices Ride On Winds Of Positive Outlook, Better Data

Nigeria’s Stock Indices Ride On Winds Of Positive Outlook, Better Data

Market Update for May 18 The prevailing low valuation in Nigerian banking stocks traded on the Nigerian Stock Exchange (NSE) and the expectation of i...
Senate Outburst: FG Bars MDAs From Non-budgeted Capital Spending

Senate Outburst: FG Bars MDAs From Non-budgeted Capital Spending

Buy-Nigeria Goods To Gulp 40% Of Procurement Spending Apparently irked by unhealthy practice of non-presentation of their annual budgets to the Sen...
Lagos Redeems N57.5bn 2017 Series 2 Programme I Bond

Lagos Redeems N57.5bn 2017 Series 2 Programme I Bond

• Accummulates N103.4bn In Sinking Fund The Lagos State Government says it has redeemed its N57.5bn 2010/2017 Series 2 Program I bond which matured...
Registration Of New Business In Nigeria Now Takes 2 Days, Says FG

Registration Of New Business In Nigeria Now Takes 2 Days, Says FG

The Federal Government on Monday said it has successfully reduced the number of days required to register new businesses in Nigeria from 10 to two, co...
UN Reaffirms Support To Help Nigeria Address Recession, North-East Crisis

UN Reaffirms Support To Help Nigeria Address Recession, North-East Crisis

The United Nations system in Nigeria says it is ready to support Nigeria’s ongoing efforts to address its current economic recession, while responding...
Return To Niger Delta Project Sites In 30 Days, Or… FG Orders Contractors

Return To Niger Delta Project Sites In 30 Days, Or… FG Orders Contractors

The Federal Government, on Tuesday, directed contractors including those handling Niger Delta Development Commission projects in the region 30 days to...