archiveMarch 5, 2020

  President of the Senate, Ahmad Lawan, has assured Nigerians that the National Assembly will take full responsibility for the application of President Muhammadu Buhari’s $22.79 billion loan request to various projects domiciled with Federal Ministries, Departments and Agencies of government. Lawan stated this in his remarks after the Senate...

    By Olukayode Kolawole   As the world celebrates the 2020 International Women's Day on March 8, there will be enormous conversations around women empowerment, and gender equality. Aligned with the United Nations Women's multigenerational campaign, this year's International Women’s Day is themed" I am Generation Equality: Realizing Women’s...

    Union Bank of Nigeria (UBN) Plc has declared a dividend to its shareholders for the first time since 2008. Specifically, the bank for the financial year ended Dec. 31, 2019, declared a dividend of 25k . The result published by the Nigerian Stock Exchange (NSE) on Thursday indicated...

says planned building following due process ‘You can’t escape justice for looting LG funds’   Sacked chairmen of the 68 Local Governments and Local Council Development Areas in Oyo State parading themselves as Association of Local Governments of Nigeria (ALGON) have been described as frustrated and frightened by the impending...

  *VP cites tax free, reduced tax provisions, $20M Technology Fund, & N90B soft loans for agribusinesses *"There is so much to learn from the Vice President"---Ebonyi Gov Impressed by the steady progress made in the Micro, Small and Medium Enterprises (MSMEs) sector, the Federal Government is ramping up efforts...

  holds one minute silence for former Health Minister, Emovon   The Senate on Thursday approved the sum of Three Hundred and Forty-Six billion, Three hundred and eighty-eight million, Nine hundred thousand naira (N346,388,900,000.00) as budget for the Niger Delta Development Commission (NDDC) for the 2019 fiscal year. The approval...

  Tax experts on Thursday frowned at multiplicity in the taxation system of Nigeria, describing it as a disincentive to both local and foreign investments. They spoke at the 2020 annual symposium of Issuers & Investors Alternative Dispute Resolution Initiative (IIADRI) in Lagos with the theme,  “Nigerian Tax Laws: Matters...

  as NAF launches Operation Decisive Edge     Some logistics facilities belonging to Boko Haram terrorists came were destroyed as fighter jets bombarded the insurgents’ den in Bakari Gana on the fringes of Sambisa forest in Borno State. The attack was coordinated by the Air Task Force (ATF) of...

The Nigerian Stock Exchange (NSE) on Thursday maintained positive trend for the third consecutive day with the market capitalisation improving by N6 billion. The News Agency of Nigeria (NAN) reports that the market capitalisation, which opened at N13.764 trillion, rose by N6 billion to close at N13.770 trillion. Also, the...

The House of Representatives has resolved to investigate various malpractices in foreign exchange allocation to companies by the Central Bank of Nigeria (CBN) and other sources running over 30 billion dollars annually. This was sequel to a unanimous adoption of a motion by Rep. James Faleke (APC-Lagos) at the plenary...