archive2019

  to deploy 100 security vehicles next week.   The government of Oyo State is set to deploy the 100 Kia Rio automatic transmission cars procured for use of security agencies in the state. The state has also approved the sum of N178.7 million for the procurement of Radio Communication...

The House of Representatives Committee on Public Account has asked the Federal Inland Revenue Service (FIRS) to return N4.6 billion which represents two per cent of total tax collected in the Federal Capital Territory (FCT) to the FCT Inland Revenue Service (FCT-IRS). The chairman of the committee, Rep. Wole Oke...

Some bankers said they were unaware of the alleged report that Nigerians are being defrauded through Western Union. The News Agency of Nigeria (NAN) reports that Mr Ibrahim Magu, the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) had accused bankers of defrauding Nigerians through Western Union. Some...

Corporate Affairs Commission (CAC) on Tuesday in Abuja said that de-listing of companies for failure to file their annual returns is an ongoing process. Mr Moses Adaguusu, Head Public Affairs, CAC, told News Agency of Nigeria (NAN) that there was no need leaving companies that are not complying on the...

Nigerian equities market resumed trading for the week on Tuesday with a growth of 0.54 per cent after Monday public holiday declared by the Federal Government to mark 2019 Eid-el Malud celebration. Specifically, the market capitalisation inched N69 billion or 0.54 per cent to close at N12.878 trillion against N12.809...

Justice Ijeoma Ojukwu of the Federal High Court in Abuja, on Tuesday, threatened to strike out the Economic and Financial Crimes Commission (EFCC)’s suit against former Minister of Petroleum Resources, Mrs. Diezani Alison-Madueke, if it failed to have her extradited to Nigeria by March 2020. News Agency of Nigeria (NAN)...

  The Supreme Court on Tuesday upheld its earlier judgment, ordering the Nigerian National Petroleum Corporation (NNPC) to pay $22.6 million(N8.1billion) in damages to BCE Consulting Engineers over a failed Consultancy Service Contract. The NNPC through its counsel, approached the Supreme Court seeking a review of the July 5, 2019...

The Federal Road Safety Corps (FRSC), Lagos State Sector Command, says it has arrested 111 drivers within five days of the start of its “Operation Show Your Driver’s Licence”.which commenced on Nov. 4. The Sector Commander, Mr Hyginus Omeje, disclosed this on Tuesday during his visit to Badagry Unit Command...

  President of the Senate, Ahmad Lawan said on Tuesday that the National Assembly is working towards the passage of the 2020 Appropriation bill on November 28, 2019. To achieve this target date, Lawan directed the Senate Committee on Appropriations to submit its report on the 2020 budget proposals on...

The Senate has reintroduced a bill that seeks to penalise persons found guilty of hate speech. The National Commission for the Prohibition of Hate Speech Bill, sponsored by the deputy chief whip, Mr Aliyu Abdullahi, was one of the 12 bills introduced on the floor of the Senate on Tuesday....