archiveFebruary 2020

Fiscal Responsibility Commission (FRC) has restated the need for collaboration with relevant agencies, especially the Independent Corrupt Practices and other Related Offences Commission (ICPC), to strengthen anti-corruption war in the country. Mr Victor Muruako, acting Chairman, FRC, expressed this view at the inauguration and induction of members of the Anti-Corruption...

The bears continued to dominate the domestic equities market on Tuesday, as the Nigerian Stock Exchange (NSE)’s All-Share Index dropped further by 0.08 per cent. The All-index lost 23.38 points or 0.08 per cent to close at 27,547.56 compared with 27, 570.94 following sell-offs of tier-1 banking stocks. Also, the...

  The Senate on Tuesday confirmed the nomination of Captain Musa Nuhu for appointment as the Director General of the Nigerian Civil Aviation Authority (NCAA). In a statement signed by Mr James Odaudu, Director of Public Affairs, Ministry of Aviation, the approval of the Senate followed the presentation and consideration...

  says sacked contractors delayed payment   Oyo State Governor, Engineer Seyi Makinde, on Tuesday, directed the immediate payment of five months outstanding salaries of contract workers of the Oyo State Waste Management Authority (OYWMA) owed by the sacked contractor, West AfricaENRG, within 24 hours. A statement signed by the...

  An Oyo State High Court has fixed March 2, 2020 for the hearing of a suit filed by former Governor of the state, Abiola Ajimobi against his successor Seyi Makinde over the revocation of the former’s landed property at Government Reservation Area (GRA), Agodi, Ibadan. Sued along with the...

The Joint Admissions and Matriculation Board has asked candidates who sat for its mock examination to expect the result on Wednesday. The mock examination for candidates preparing for the Unified Tertiary Matriculation Examination was written nationwide on Tuesday. About 350,000 candidates out of the over 2.1 million that registered for...

  The Federal Inland Revenue Service (FIRS) has disclosed that some multinational companies operating in Lagos state have not paid Company Income Tax (CIT) since 2011. The Executive Chairman of the FIRS Mr. Muhammad Nami made the disclosure when he visited the Lagos state governor in his office. According to...

  The Senate on Tuesday mediated in the dispute between the Rite Foods Limited, makers of Bigi soft drinks and the Seven-Up Bottling Company Plc in Abuja. The management of the Rites Food Limited had petitioned the Senate over alleged threat to the security and existence of Rites Foods Ltd,...

The Standards Organisation of Nigeria (SON) says it has concluded plans to establish laboratories in the six ge-opolitical zones for testing products and ensuring standardisation in the country. Mr Bola Fashina, Special Assistant to the Director-General of SON, disclosed this in an interview with News Agency of Nigeria (NAN) on...

  The Securities and Exchange Commission Nigeria (SEC) on Tuesday advised state governments to establish companies for specific target projects in order to boost their Internally Generated Revenue (IGR). Ms Mary Uduk, Acting Director-General, SEC, gave the advice while speaking at the ongoing Federation Account Allocation Committee (FAAC) 2020 Retreat...