Contrary to what the Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, told Nigerians that the NNPC had begun refunding $1.48bn into the federation account as directed...
Nigeria is set to have a new policy regime on taxes across the country. Ripples can authoritatively report that the federal government has approved the harmonisation...
The National Bureau of Statistics (NBS) on Wednesday released the Consumer Price Index for the month of April, with the country’s inflation rate rising to a...
Hell was literally let loose on Monday as members of the Nigerian Union of Petroleum and Natural Gas Workers (NUPENG) threatened to go to war with...
The Minister of Finance, Dr Ngozi Okonjo-Iweala, says rumours that the country’s economy is in ruins are untrue, and that the nation’s economy will not collapse...
Minister of Finance and coordinating Minister of the Economy, Dr. Ngozi Okonjo-Iweala says the country has lost huge revenue to tax holidays fraudulently granted companies by...
As at the end of 2014, the aviation sector in Nigeria had lost about $7bn to capital flight, this according to experts in the sector. The...
All is not well with the Securities and Exchange Commission (SEC). Ripples can authoritatively report that SEC workers may be poised for a major showdown with...
Africa’s richest man, Aliko Dangote, said he still wants to buy English Premier League soccer team Arsenal even after he was rebuffed by its owners in...
Nigerian telecoms operator, Globacom is making plans to buy over Ivorian mobile telecoms operator Comium Cote d’Ivoire, by making an offer of $600 million for the...
A former Managing Director of the Nigerian Security, Minting and Printing Company (NSMPC) Mr. Ehidiamhem Okoyomon, is to be extradited to the United Kingdom, within the...
Nigerians may still have to brace up for, and find ways of coping with the recent fuel scarcity that is only just slowly easing, as Minister...
When it comes to economic clout on the African continent, the United States has projected that Nigeria is likely to be the first country with an...
This exposition on Monopoly, the popular board game was inspired by Prince Al-waleed Bin Talal, the richest Arab in the world, with a net worth of...
Chairman of the Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), Mr. Elias Mbam has said it would be unwise for the country to sell its equity...
In efforts to ease the fuel scarcity being experienced in some parts of the country, the Federal Government said that oil marketers would on Thursday receive...
It is not news that disagreements over finances is one of the main reasons couples end up in divorce court. Financial advice is readily available, but...
Manufacturers in the country lost out completely in the African Growth Opportunity Act of the Barack Obama administration, because they failed to be competitive. AGOA, initiated...
Nigeria is losing about N500 billion in revenue, annually, to dysfunctional freight rail services that would have assisted in the haulage of goods from Tin Can...
Outstanding lease volume in the country went up by 11.3 per cent from N780 billion in 2013 to N869 billion in 2014. Analysis of the various...
In order to resolve the persistent local shortages of fuel experienced for the country’s thermal power stations, Nigeria needs to raise gas prices to bridge about...
Nigeria’s beleaguered national oil company, NNPC will be made to refund more than the $1.5 billion stated in the highlights of a PricewaterhouseCoopers (PwC) LLP report...
The domestic flight operations of Arik Air were on Thursday paralysed by the Federal Airport Authority of Nigeria (FAAN) over what the orgainsation described as high...
Owing to threats by some Nigerians that they would attack South African interests in the country due to the xenophobic attacks in that country, telecommunications marketers,...
The National Council on Privatisation (NCP) has affirmed that a total sum of N373.17 billion has been paid to staff of the defunct Power Holding Company...
In efforts to ensure continued safety and soundness of the banking industry, the Central Bank of Nigeria (CBN) and the Bankers Committee on Thursday stated that...
International Credit Rating Agency, Moody’s says there may be no major difference between the policy actions taken by the current administration to tackle the impact of...
Global rating agency, Fitch Ratings, says it has downgraded the outlook of Lagos State’s long-term foreign currency issuer default rating to negative from stable. The decision,...
The Flight charter service sub-sector of the Nigerian aviation industry, simply known as business aviation, is estimated to be worth about $3 billion annually, airlifting the...
With the presidential election over, stocks jumped out of red-zone as election tension vanished, recording a historical gain of N906.25bn in a day The equities market...
The concluded 2015 presidential elections lived up to its tag as the most keenly contested election since the return to democratic rule in 1999, ending with...
Fitch Ratings Incorporated (Fitch) on Monday affirmed Nigeria’s BB- rating, but revised Nigeria’s credit rating outlook to “Negative”. This decision comes barely a week after another...
As revenue tightens on account of soft oil prices, Nigeria has now advanced negotiations with both the World Bank and African Development Bank (AfDB) to borrow...
Committee of Chief Internal Auditors of Banks in Nigeria (CCIABN) has expressed worry over the increasing rate of frauds being perpetuated by fraudsters, saying banks have...
The elementary school years, when children are being introduced to mathematics concepts and coming to grips with numbers, are an excellent time to lay a solid...
Life doesn’t answer to those who deserve it but those who demand it and are disciplined enough. If you are thinking of building or increasing your...
Indications emerged that the Federal Government may actually be broke as a result of the falling prices of crude oil, which has led to reduced revenue...
Reports of stock transactions from the Nigerian Stock Exchange (NSE) for the month of February, has established that 10 leading stock-broking firms were responsible for 72.51...
So let us say you are Xavi, a Barca midfielder and you find yourself in a unique position on the field. You are in centerfield with...
Barring any unforeseen contingencies, the capital markets of countries within the West African sub-region would be integrated by the first quarter of 2016, the Chairman, Securities...
Following calls for diversification of the revenue base of the nation, and a shift from crude oil, especially in the face of falling crude oil prices,...
Former Governor of the Central Bank of Nigeria, Chukwuma Soludo, has released a third article, where he dissected the economic policies of the ruling government, and...
The Nigerian economy is facing huge financial haemorrhage as politicians, corporate bodies and foreign investors are moving funds massively out of the country as well as...
Why does making-money come more naturally to some people than to others? For this set of money makers, it seems wealth creation is quite an effortless...
The African Development Bank (AfDB) has reaffirmed that Nigeria is West Africa’s largest market with great potential to be a main driver of regional integration considering...
The Consul-General of the People’s Republic of China in Lagos, Mr. Liu Kan has disclosed that there are plans by a number of Chinese companies to...
It is time to admit the inadmissible: Nigeria does not have a sustainable gas master plan, whatever the subject of pontification on it. Gas infrastructure policy?...
Standard & Poor, the global ratings agency, has said latest assessment of Nigeria, showed that despite the impact of the global crude oil prices on most...
Claims by Nigeria’s National Petroleum Corporation (NNPC) that the process by which it supplies refined petroleum products for domestic consumption leads to losses that translate into...
While political actors argue over the appropriateness or otherwise of the postponement of the elections earlier scheduled for February 14 and 28, the country’s economy has...
