Business

Director-General, Debt Management Office, Patience Oniha Nigeria’s total debt profile as of December 31, 2018, now stands at N24.387tn. The figure swelled by 12.25 per cent from N21.725tn in 2017 …

Curbing corruption could generate about $1 trillion in tax revenues annually across the world, according to research from the International Monetary Fund. In addition to increasing government revenue, fighting corruption …

IMF Managing Director Christine Lagarde Global growth in 2019 should be even slower than previously expected but a “precarious” rebound later this year is likely, the head of the International …

Minister of Labour and Employment, Dr. Chris Ngige The Federal Government has said it is committed to the promotion of decent work environment in line with the provisions of the …

Finance Minister Zainab Ahmed The Federal Government plans to finance Nigeria’s N1.859tn budget deficit in 2019 by introducing new taxes and adopting a concessionary financing system under its privatisation programme. …

The Federal Inland Revenue Service said it is targeting to generate about N750bn from about 55,000 millionaire tax debtors. The FIRS Executive Chairman, Mr Tunde Fowler, said this in Abuja …

Royal Dutch Shell has said its subsidiaries in Nigeria paid $6.397bn to the Nigerian Government and its agencies last year, compared to $4.322bn in 2017 and $3.638bn in 2016. The …

The Chief Economist and Advisory Partner at PricewaterhouseCoopers, Mr Andrew Nevin, has said the 2019 election outcomes, policy implementation slowdown and sell-offs by foreign investors in 2018 will slow growth …

The Central Bank of Nigeria conducted the first Treasury bills primary market auction for the second quarter on Tuesday, offering a total of N95.7bn (roll-over of total maturing bills) across …

Access Bank Plc has listed its N15bn green bond on the Nigerian Stock Exchange and the FMDQ OTC Securities Exchange. The five-year, 15.5 per cent fixed rate senior unsecured green …