China has expressed commitment to a sustainable mutually beneficial relationship with Nigeria, through the promotion of higher trade relationship. To this end, this year’s China Homelife Exhibition, the largest sourcing platform from China, is geared towards supporting e-commerce and promoting ...
Read More »Monthly Archives: May 2019
FIRS Chairman Fowler denies report of missing taxes
Chairman of Federal Inland Revenue Service (FIRS), Tunde Fowler, has dismissed reports that money paid as taxes disappeared from the agency’s coffers. According to him, taxes are not paid into FIRS coffers, but directly into the Federation Account, electronically through ...
Read More »House of Reps panel to probe alleged fraud in Amnesty Programme
The House of Representatives has resolved to set up an ad-hoc committee to investigate alleged fraudulent activities in the Presidential Amnesty Programme (PAP). This followed a motion by Tajudeen Obasa (PDP-Lagos) during plenary. Moving the motion, Obasa expressed concern over ...
Read More »CBN moves to fund SMEs in Oyo, Kaduna, Rivers states
The Central Bank of Nigeria through the Bankers` Committee has concluded plans to take the ‘Funding Nigeria SMEs’ initiative to three states to enable small and medium enterprises access loans, funds and grants to grow their businesses. This, the committee ...
Read More »Rejected bills rise to 41 as President Buhari declines signing two others
President Muhammadu Buhari has again declined assent to two more bills transmitted to him from the National Assembly, bringing the number of rejected bills to 41 since June 9, 2015. Buhari conveyed his decision to withdraw assent to the Nigeria ...
Read More »Imo government assures of minimum wage payment, Okorocha cautions against creating tension, endorses new monarchs
The Imo State Government has restated its commitment to implement the new N30, 000 minimum wage as approved by the Federal Government. Secretary to the State Government (SSG), Mark Uchendu, stated this during the inauguration of the Committee on Implementation ...
Read More »Nigeria commences implementation of data protection regulation, defaulters risk N10m fine, sanctions,
The National Information Technology Development Agency (NITDA) yesterday disclosed that the Nigerian data community came under a new regulation from April 25, 2019. Director General and Chief Executive Officer of NITDA, Dr. Isa Ali Ibrahim Pantami, revealed that full implementation ...
Read More »Why EFCC intervenes in voters inducement cases, by Ibrahim Magu
Commission recovers N437b, $98m, €7m, £294,000, over N11b for FIRS, NNPC, AMCON Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has said the commission intervened in the general elections to prevent the moneybags from determining the ...
Read More »11 persons killed in Edo cult clashes as herdsmen attack Taraba communities
About 11 persons have been killed in different parts of Benin City, Edo State following renewed cult clashes between rival groups. It was learnt that the latest killing among members of Eiye and Black Axe has led to the killing ...
Read More »Ramadan fast forces FEC meeting into night as Buhari suspends deliberations
President inaugurates NEDC to thank zone for support A meeting of the Federal Executive Council (FEC) again dragged into the night as President Muhammadu Buhari, who presided had to suspend deliberations to break his Ramadan fast. He suspended the meeting ...
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