Reps go after 77 oil firms over unremitted N2.6tn revenue

4l The House of Representatives, on Tuesday, commenced investigative hearing on the N2.6tn owed the Federal Government by 77 oil companies operating in Nigeria. The House is acting on the 2019 report of the Nigeria Extractive Industry Transparency Initiative. The Speaker of the House, Femi Gbajabiamila, threatened that […]

Banking sector contributes N168.4tr to GDP.

Nigeria’s banking industry has contributed N168.4 trillion to the country’s Gross Domestic Product (GDP) between 2017 and 2020.