Otti Launches New Tax System For Transporters, Traders

Dr. Alex Otti- Abia State Governor The Abia State governor, Dr. Alex Otti, on Monday launched a new digital tax system that would help the state eliminate fraud and intermediaries in revenue generation. The new system, which integrates free medical insurance scheme for all commercial vehicle drivers and riders of …

Read More »

Stanbic IBTC Bank Nigeria PMI®: Inflationary pressures mount following fuel subsidy removal

  The removal of the fuel subsidy in Nigeria caused a sharp strengthening of price pressures in June. In turn, rates of expansion in output and new orders softened but remained marked nonetheless. Business confidence dipped to a near-record low. Intensifying inflationary pressures encouraged companies to expand inventories to try and get ahead of further price increases. Meanwhile, …

Read More »

Bayelsa Guber: Suit seeking Sylva’s disqualification stalled

The inability of a plaintiff’s counsel, Prof. Abiodun Amuda-Kannike, SAN, to serve the Independent National Electoral Commission (INEC) with processes stalled hearing in a suit seeking disqualification of Mr Timipre Sylva of the APC from contesting in the Nov. 11 Bayelsa governorship poll. The matter, which was scheduled for hearing, …

Read More »

Money laundering trial: Bank staff testifies against Mompha

A compliance officer at Access Bank Plc., Mr Elijah Adegboye, on Monday, testified in the trial of social media celebrity, Ismaila Mustapha (alias Mompha), charged with laundering six billion Naira. The News Agency of Nigeria reports that Mompha was not present during Monday’s proceedings. Adegboye was led in evidence by …

Read More »

Tinubu to investors: We’re serious, open for business

—Assures them of policy consistency —-As Shell Director hails President’s strong start, positive reforms President Bola Tinubu, on Monday, assured investors that his administration is open and serious for business and will maintain consistency in policy. The President also promised to provide a better business climate to attract investment. He …

Read More »

Inter Miami owner reveals Messi talks took three years

Lionel Messi Inter Miami owner Jorge Mas has revealed it took three years of negotiations to bring Lionel Messi to the Major League Soccer club. The Argentine World Cup winner, 36, is set to be officially announced as a Miami player after ending his two-year spell at Paris Saint-Germain. Messi’s …

Read More »

Seun Kuti’s assault trial stalled

File Photo: Seun Kuti handcuffed Absence of Chief Magistrate Adeola Olatubosun of a Sabo-Yaba Chief Magistrates’ Court, Lagos State, on Monday stalled proceedings in an assault case brought against afrobeat singer Seun Kuti. Kuti and his counsel, as well as prosecution team, were in court but the court could not …

Read More »