PUNCH
FG to establish N4.98tn infrastructure fund —Adeosun
The Federal Government plans to set up a $25bn (N4.98tn) fund dedicated to infrastructure investments, the Minister of Finance, Mrs. Kemi Adeosun, has said.[Read More…]
DAILY SUN
Customs warns importers against trading in banned goods
The Nigeria Customs Service (NCS) on Thursday warned importers against trading in goods banned by the Federal Government.[Read More…]
GUARDIAN
How to raise tax management, by FIRS
THE Federal Inland Revenue Services (FIRS), has identified voluntary compliance and stakeholders’ collaboration as major factors that would strengthen tax administration in Nigeria, as well as eliminate bottlenecks and conflict areas from the system.[Read More…]
Tell Communications partners NSC on maritime summit
TELL Communications Limited has partnered with Nigerian Shippers Council on Maiden Maritime Summit to espouse the economic opportunities in the maritime industry with a view to endearing an effective participation.[Read More…]
VANGUARD
CBN dismisses allegation of banking distress
In a statement, yesterday, Director Corporate Communication, CBN, Alhaji Ibrahim Mu’azu, said: “The attention of the Central Bank of Nigeria (CBN) has been drawn to a fictitious online publication purporting that some deposit money banks in Nigeria are ‘experiencing stress.’[Read More…]
LEADERSHIP
China To Invest $10bn In Cross River – Gov Ayade
The Cross River State governor, Prof. Ben Ayade has said that arrangements have been concluded for Henan Province of China to commence construction of $10 billion project in the state.[Read More…]
TRIBUNE
FG moves to tackle graduate unemployment, skills gap
THE Federal Government has said it is alarmed by the growing youth unemployment which is aggravated by serious disconnect between university training and the needs of the labour market in Nigeria.[Read More…]
REUTERS
Oil prices drop on China data, firmer dollar
Crude oil futures fell on Friday with losses this month standing at over 8 percent, hurt by disappointing Chinese economic data and worries over a supply glut.[Read More…]
BLOOMBERG
Rupee Weakens to Two-Year Low as Global Funds Cut India Holdings
India’s rupee dropped to the weakest level in more than two years as outflows from local bonds and equities deepened amid speculation the Federal Reserve will raise interest rates next month.[Read More…]
Abe Orders Extra Japan Budget Providing Cash for Pensioners
Japanese Prime Minister Shinzo Abe on Friday ordered the compilation of an extra budget for the current fiscal year, in a bid to spur growth in an economy that has contracted in the past two quarters.[Read More…]