News

FIRS Chairman, Muhammad Mamman Nami The Federal Inland Revenue Service has said that traders and workers in the informal sector will begin to pay Value Added Tax. The FIRS is also planning to introduce Identity Cards that would help it identify tax payers. The State-owned tax agency made the disclosure …

The Federal High Court, Ikoyi, Lagos Nigeria A Federal High Court, in Lagos has discharged 22 banks from N4,7139,686.78, a garnishee proceeding filed by Glonik Industries limited and Glonik Hotels limited, against Nigeria National Petroleum Company limited (NNPC), and its sister company, Pipeline and Products Marketing Ltd. The presiding Judge …

INEC chairman Prof. Mahmood Yakubu Nigeria’s presidency has blasted the European Union Election Observation Mission over its final conclusions on the February 25 presidential election, accusing it of relying on rumours. The EU released its final report on the election as witnessed by its 50 observers last week, claiming the …

According to a statement on oath by a witness to be fielded by the All Progressives Congress, APC, before the Presidential Election Petition Court sitting in Abuja, the electoral victory of President Bola Tinubu cannot be invalidated due to delayed upload of over 170,000 polling unit results to the INEC …

Ondo PPRO, Funmilayo Odunlami The Ondo State Police Command on Thursday paraded the three suspects arrested in connection with the alleged killing of a naval officer, Sub. Lt. Samuel Akingbohun. The suspects also disclosed how the naval officer was killed. Akingbohun was allegedly killed by the suspects during an argument …

CBN logo Nigeria’s external reserves fell by $2.85bn in the first half of 2023 due to external debt finance among other challenges, figures obtained from the Central Bank of Nigeria have revealed. The CBN revealed in its figures on movement on foreign reserves that the reserves which commenced January 3, …

Gbenga Adebija The Group Managing Director of Ashton and Layton and former Director-General of the Nigerian-German Chamber of Commerce, Gbenga Adebija, has joined USAccelerator, a United States-based professional service firm that advises and supports international businesses on their entry and acceleration of market growth in the US. In a statement …

President Bola Tinubu President Bola Tinubu on Thursday admitted that the nation’s finances is bleeding profusely, vowing to stop the bleeding and reposition the country in the right direction. He also said he decided not participate in the arbitrage entrenched in the country’s commercial system in order to rescue the …

Buhari and Tinubu in London Former President Muhammadu Buhari did not ask his successor, Bola Tinubu, not to probe his appointees at their meeting in London last Monday, ex presidential spokesperson, Mallam Garba Shehu has said. Shehu said this while reacting to a report that Buhari asked Tinubu not to …

The Abia State Governor, Alex Otti, has taken a further step in his administration’s pursuit of accountability by suspending the state’s Head of Service and Permanent Secretaries who served under the previous administration of former Governor Okezie Ikpeazu. The suspension came in the wake of the newly inaugurated judicial panel …