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The Federal Government said it earned a total sum of N424.71 billion from Value Added Tax (VAT) in the third quarter of the year (Q3 2020) higher than the N327.20 billion recorded in Q2 as well as the N275.12 billion recorded in Q3 2019. According to the sectoral distribution of …

Dangote led the advancers’ list on Tuesday with its cement product coming first on the gainers’ list of the Nigerian Stock Exchange (NSE). Dangote cement started with ₦160 at the beginning of the day gaining 5.63% at the end of the market with ₦169 per share as market closed with …

The Lagos State Governor, Mr. Babajide Sanwo-Olu has approved the nomination of a new Chairman and Members of the Lagos State Local Government Service Commission. In a Statement released by the Lagos State Head of Service, Mr. Hakeem Muri-Okunola, stated that Mr. Governor’s approval of the new Nominees, which was …

The Lekki Concession Company (LCC), operators of Lekki tollgate, Lagos, has claimed the surveillance camera at the tollgate stopped recording at 8 pm on Tuesday, October 20, the day soldiers allegedly opened fire on #EndSARS protesters. LCC MD, Abayomi Omomuwa, stated this while appearing at the Judicial Panel of Inquiry …

Third party businesses can now use the unique logistics network of Africa’s leading ecommerce platform to reach more customers Lagos, Nigeria; November 2nd, 2020: Jumia has announced that its logistics service is now available for use by third parties. Until today, Jumia’s logistics services were reserved for ecommerce and food …

ThisDay newspaper was the most sought after publication for banks, as BusinessDay newspaper was the most sought after publication for insurance companies in terms of placement of adverts in the media. This was evidently evaluated by P+ Measurement Services, Nigeria’s foremost PR Measurement and Evaluation agency.   The report, based …

The power sector has recorded a generation capacity loss of N243 billion within 10 months from January to October 2020. This was revealed in the October 2020 electricity generation statistics released by the Association of Power Generation Companies (APGC), the umbrella body of GenCos. The data puts the current available …

There appears to be a brewing boardroom bickering at Jaiz Bank Plc over the tenure of the current Managing Director and the appointment of a successor. The two claimants are the current Managing Director, Mallam Hassan Usman and a new candidate, Mr. Mohammed Shaheed Khan, who was appointed by the …

The West African Examinations Council has released the results of the 2020 Senior Secondary School Certificate Examination on Monday, November 2, 2020. Head of the National office, Patrick Areghan, said a total of 1,549,740 registered for the examination. Areghan said 1,338,348 candidates representing 86.99 per cent obtained credit and above …

Tunde Fowler The Economic and Financial Crimes Commission (EFCC) is currently grilling Babatunde Fowler, former chairman of the Federal Inland Revenue Service (FIRS), over alleged fraud. This newspaper gathered that Fowler was invited on Monday morning over an ongoing investigation involving Alpha Beta Consulting, a tax firm believed to be …