Gov. Siminalayi Fubara The Rivers chapter of the Association of Local Government Areas of Nigeria (ALGON) has accused Governor Siminalayi Fubara of withholding funds meant for the 23 Local Government Areas (LGAs) in the state, Daily Trust reports. The association said this has denied the third tier of government of …
Read More »PHOTOS: NUPRC, NNPC Limited Bag Oil And Gas Industry Award At OTC In Houston
Chairman and Managing Director of Chevron, Jim Swartz , Minister of State Petroleum, Heineken Lokpobiri, Executive Vice President Upstream of the NNPCL, Oritsemeyiwa Eyesanand Chairman of PETAN, Engr Wole Ogunsanya At PETAN Award Dinner 2024 In Houston, Texas USA … Predict Rise In Oil Production HOUSTON: The Nigerian Upstream Petroleum …
Read More »Seyi Law tackles Tinubu over cybersecurity levy
Comedian Seyi Law Nigerian comedian, Oluwaseyitan Aletile, also known as Seyi Law, has called out the Federal Government over the 0.5 per cent cybersecurity levy recently introduced by the Central Bank of Nigeria, CBN. The apex bank on Monday directed banks operating in the country to start charging a …
Read More »Why implementation of cybersecurity levy should be halted immediately – CPPE
Muda Yusuf, The Centre for the Promotion of Private Enterprise (CPPE) has explained why the implementation of the 0.5 percent cybersecurity levy ordered by the Central Bank of Nigeria, CBN, to be deducted from electronic transactions of customers by the banks in the country should be halted. The …
Read More »Anti-Graft Agency, EFCC Arraigns Court Registrar For Diverting N3.8million, Forgery
The Economic and Financial Crimes Commission (EFCC), arraigned Dandare before Justice Bello Shinkafi of Zamfara State High Court sitting in Gusau. A former registrar of the Zamfara State Upper Sharia Court 1 Gusau, Abubakar Garba Dandare, has been arraigned for diversion of N3.8million belonging to a late businessman, Alhaji Ladan …
Read More »ICAN Amendment Bill scales 2nd reading
Nigerian Senate The Institute of Chartered Accountants of Nigeria (ICAN) Act Amendment Bill on Wednesday scaled second reading at the Senate. This followed the presentation of the general principles of the bill by the sponsor, Sen. Solomon Adeola (APC-Ogun) at plenary. Presenting the bill, Adeola said it was read …
Read More »CBN lists transactions exempted from 0.5% cybersecurity levy
The Central Bank of Nigeria building CBN, FCT, Abuja The Central Bank of Nigeria has released the list of transactions exempted from the new 0.5% cybersecurity levy imposed by the apex bank. A circular from the apex bank on Monday, May 6 had stated the levy would commence in two …
Read More »Naira Loses Grip In Black Market As Dollar Takes Front Foot
The dollar index was back on the front foot on Wednesday, making modest gains after earlier losses from renewed bets on Federal Reserve rate cuts this year, while the naira traded near its low amid high demand for the haven currency in Africa’s largest economy At the NAFEM spectrum, the …
Read More »Shell Company Confirms Paying Over $1billion Tax To Nigerian Government In 2023
The figures, announced in the just published 2023 Shell Briefing Notes, showed that the SPDC paid $442m, while SNEPCo remitted $649m. Shell Nigeria has said it exclusively paid a total of $1.09billion in corporate taxes and royalties to the Nigerian government in 2023, through the operations of the Shell Petroleum …
Read More »How African Countries Working Against Air Peace, Allen Onyema Reveals
Chairman of Air Peace, Allen Onyema, has lamented that African countries are frustrating his airline with exorbitant airport charges to prevent it operating seamlessly in the region. He laid the accusation at the 48th Annual General Meeting and exhibition of the National Association of Nigeria Travel Agencies (NANTA) in Lagos. …
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