AfrikNews

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FG Rakes In N1.2bn From Ground Rents, Penal Fees

FG Rakes In N1.2bn From Ground Rents, Others     The Federal Government generated about N1.29bn from land use penal fees, ground rents, premiums, consent, registration and other rates between 2017 and 2019. This was disclosed by the Director, Lands and Housing Development Department, Federal Ministry of Works and Housing, Mrs Great-Edereka, at a conference […]

Nigeria Recorded $29.91bn Investment Inflows in 2019 – NIPC

Nigeria Recorded $29.91bn Investment Inflows in 2019 – NIPC     About $29.91billion worth of investments were recorded in the Nigerian economy as at the end of 2019, the Nigerian Investment Promotion Commission (NIPC) report has revealed. The amount is a 67 per cent drop from what was tracked in 2018, which stood at $90.89billion, […]

N900m Debt: AMCON Takes Over Buba Galadima’s Assets

N900m Debt: AMCON Takes Over Buba Galadima’s Assets   A Federal High Court sitting in Abuja, in Suit No. FHC/ABJ/CS/1136/2019 has ordered the Asset Management Corporation of Nigeria to take over the business and assets of Bedko Nigeria Limited and Alhaji Buba Galadima. A statement from the corporation on Tuesday said Bedko Nigeria Limited and […]