archiveJune 2019

  The Tax Appeal Tribunal, South East Zone has declared that gratuities payable to pensioners are tax exempted under the Personal Income Tax Act (PITA). The tribunal made the declaration while delivering judgment in appeal brought before it by Nigerian Breweries PLC in 2017, challenging the decision of the Abia...

The Coalition of United Political Parties (CUPP) has decried Senate President Ahmed Lawan’s sacking of Festus Adedayo, his special adviser on media, stressing that the action is a proof that the Senate under Lawan will be controlled by President Mohammadu Buhari. Adedayo was allegedly sacked owing to alleged pressure from...

  Airtel Africa Plc, the second largest telecommunications group in Africa is set to sell its shares to Nigerian investors at between N363 and N454 per share. The company in an offer prospectus obtained by the News Agency of Nigeria (NAN) in Lagos said the shareholders’ offer was part of...

The police, in collaboration with West African Examination Council (WAEC), have arrested three teachers and a student for alleged examination malpractice. The police said the arrest was carried out by the cybercrime unit of the Force in collaboration with WAEC. The suspects are: Ihuokanma Darlington, 36; Ernest Kelechi, 33; Godstime...

    Christabel Omore Buoro Owoicho, a 300-level student of the University of Benin (UNIBEN) who was found dead in her room, was raped before she committed suicide, her friend and uncle have said. Earlier report had said she committed suicide because of a strained relationship with her boyfriend. According...

  South African mobile phone operator, Vodacom Group Ltd., on Friday said it had entered an agreement to sell its Business Africa unit’s Angolan operations and assets to Internet Technologies,  Angola, for an undisclosed amount. Separately, Vodacom, which is majority owned by Vodafone Group Plc., also announced an agreement to...

  The Federal Government has directed all basic and secondary schools across the country to immediately implement the teaching of history as a standalone subject from the next academic calendar. Mr Sonny Echono, Permanent Secretary, Ministry of Education made this known on Friday in an interview with the News Agency...

The Economic and Financial Crimes Commission (EFCC) on Thursday re-arraigned an American, Mr Marco Ramirez, for allegedly defrauding three Nigerians of $565,000. The anti-graft agency said it charged Ramirez before a judge, Mojisola Dada, on an amended 12-count charge of conspiracy and obtaining under false pretence. Ramirez was arraigned alongside...

The Lagos State Traffic Management Authority (LASTMA) has allayed fears of motorists over enforcement of Traffic Laws in the state. In a statement signed by its General Manager, Mr Olawale Musa, on Thursday, the agency asked members of the public, especially motorists not to be apprehensive of the fines being...

  The Ooni of Ife, Oba Adeyeye Ogunwusi, has decried the high rate of crimes linked to Fulani herdsmen in the South-West geopolitical zone and declared that criminal elements among the herders in Yorubaland would soon be kicked out. A statement by the spokesperson for the Ooni’s Palace, Moses Olafare,...