President Muhammadu Buhari’s personal assistant on new media, Bashir Ahmad, has denied reports that the Minister of Finance, Zainab Ahmed, has resigned from office. The presidential aide dismissed the reports in a tweet on Monday. Some social media users had claimed that Ahmad resigned after “throwing the country’s economy” into …
Read More »The Huge Untapped Potential of E-commerce on the African Continent
Between 2014 to 2018, the number of online shoppers on the African continent was said to have increased annually, at an average growth rate of 18%, higher than the global average of 12%. From the preceding, there appears to be a growing consensus among stakeholders and market observers that e-commerce …
Read More »FG to establish 18 modular refineries in oil-producing states
Minister of State for Environment, Sharon Ikeazor The Federal Government on Wednesday said it was working to establish three modular refineries in each of the oil producing states, particularly in the Niger Delta region. Going by the plan, the government would have to establish about 18 refineries in the …
Read More »BREAKING: Court orders FG to pay Kanu N1bn
Nnamdi Kanu An Abia State High Court presided over by Hon. Justice Benson Anya in Umuahia, the state capital on Wednesday awarded N1bn damage in favour of the detained leader of the Indigenous People of Biafra (IPOB), Nnamdi Kanu against the Federal Government. Kanu, through his lawyer, Aloy Ejimakor had …
Read More »APC zones chairmanship seat to North-Central, lists South-East for secretary
Mai Mala Buni The leadership of the All Progressives Congress may have decided to zone the National Secretary position of the APC to the South-East while the North-Central will get the chairmanship of the party. The deputy national chairman (South) is expected to go to the South-South, The PUNCH has …
Read More »Gunmen free wedding guests abducted along Lagos-Ibadan road Victims pay N7.5m ransom
The four wedding guests abducted on Sunday by hoodlums around the Isara area of the Lagos-Ibadan Expressway, Ogun State, have regained their freedom. Our correspondent learnt that their families, however, paid N7.5m for their release. The hoodlums, who were dressed in army uniform, abducted the seven wedding guests on Sunday. …
Read More »Again, EFCC grills ex-Lagos AG, Olasupo Shasore, over P&ID scam
The Economic and Financial Crimes Commission (EFCC) has taken into custody a former Attorney-General and Commissioner for Justice in Lagos State, Mr Olasupo Shasore, SAN. Sashore is being grilled by EFCC operatives over his roles in the Process & Industrial Development (P&ID) scam. He had earlier been questioned by the …
Read More »Treasonable Felony: Nnamdi Kanu pleads to 15-count charge
Nnamdi Kanu, leader of the Indigenous People of Biafra, (IPOB), has pleaded not guilty to the 15 charges brought against him by the Federal Government in the case of alleged treasonable felony. He pleaded not guilty before Justice Binta Nyako when the case resumed at the Federal High Court in …
Read More »N29bn fraud: Appeal Court orders ex-gov Nyako to open defence
The Court of Appeal on Tuesday ordered a former governor of Adamawa State, Murtala Nyako, to open his defence before Justice Okon Abang of the Federal High Court Abuja. Abang had on July 19, 2021, ordered Nyako to enter defence in his ongoing trial. Unsatisfied with the judgment of …
Read More »LIRS ANNOUNCES JANUARY 31 DEADLINE FOR FILING OF ANNUAL TAX RETURNS BY EMPLOYERS OF LABOUR
As the new year begins, Lagos State Internal Revenue Service (LIRS) wishes its esteemed taxpayers a prosperous 2022. The agency also reminds businesses and employers of labour of their statutory obligation to file annual income tax returns pursuant to section 81 (2) of the Personal Income Tax Act (PITA) Cap …
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