News

The House of Representatives has alleged that the sum of $995.71 million was yet to be remitted to the treasury single account (TSA) by deposit money banks (DMBs) in defiance of the Federal Government’s directive. Adopting report of the Danburam ...

Newly appointed Chief Executive Officer (CEO) of StarTimes Nigaria, David Zhang has sought the support of all segments of the Nigerian media for improved services in the country. Zhang, who spoke at his maiden media briefing in Lagos, affirmed that ...

Ekiti State Landlords’ Association has sued the Benin Electricity Distribution Company (BEDC) for alleged over-billing and illegal disconnection of electricity source in the state. In an originating summons filed at the Federal High Court, Ado-Ekiti, the landlords, under the auspices ...

Pioneer chancellor of Kwara State University (KWASU), Malete, Professor Ibrahim Agboola Gambari, has urged Governor Abdulfatah Ahmed to follow “due process” in the appointment of a new vice chancellor for the institution. Currently Chairman, Governing Council of Bayero University Kano ...

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 ...

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 ...

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 ...

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 ...

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 ...

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 ...