archive2020

  The Federal Inland Revenue Service (FIRS) says the window of opportunity for waivers of penalties and interest on outstanding taxes arising from desk examinations and audit exercises will close on Dec. 31. Mr Abdullahi Ahmad, Director, Communications and Liaison Department of the FIRS, made this known in a statement...

 An Abuja High Court on Wednesday dismissed a N2.5bn fraud case preferred against Mr Emmanuel Agati, Plateau finance commissioner when Sen Joshua Dariye was governor of the north-central state. Also discharged and acquitted were three other respondents in the 14-year-old case – Messrs Sham Damisa, Nuhu Madaki and Silas Vongbut,...

  The nation’s bourse on Wednesday shed its gaining streak due to sell pressure in large capitalised stocks as the All-Share Index recorded the first loss in seven consecutive trading sessions. Consequently, the All-Share Index lost 90.80 points or 0.26 per cent to close at 35,056.82 against 35,147.62 recorded on...

passes bills to establish two federal universities The Senate on Wednesday approved the restoration of Mata and Mbagwa State Constituencies from the Ushongo Constituency as directed by the Federal High Court. This was just as it approved the restoration of Agasha State Constituency by altering the boundaries of the current...

  The trial of former Aviation Minister, Femi Fani-Kayode, before Justice John Tsoho of the Federal High Court, Abuja, could not hold on Wednesday, December 2, 2020, and for the third consecutive time due to his absence in court. Fani-Kayode is facing a five-count charge of money laundering to the...

The Senate on Wednesday debated the Finance Bill transmitted to the National Assembly by President Muhammadu Buhari for consideration and passage into law. The bill which was sponsored by the Senate Leader, Yahaya Abdullahi (APC – Kebbi North), scaled second reading after consideration and referred by the Senate President, Ahmad...

  The Nigeria Deposit Insurance Corporation (NDIC) has been described as the best parastatal in the country under the leadership of the Corporation’s outgoing MD/CE Umaru Ibrahim. The former Permanent Secretary, Ministry of Finance, Dr. Mahmoud Isa-Dutse said this during a special valedictory luncheon organised by the Alumni Association of...

  its power to investigate queried The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele has faulted claim that his bank obtained court orders to block accounts associated with promoters of the #EndSARS protests. Emefiele’s position was stated by his lawyer, former Attorney General of the Federation and...

  President Muhammadu Buhari has agreed to face the House of Representatives to address the country on recent security crisis bugging the nation. Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila, disclosed the development to State House Correspondents after a meeting with President Buhari in his office at...

  The Human Rights Writers Association of Nigeria (HURIWA) has called on the management of the Nigerian National Petroleum Corporation (NNPC) to demonstrate more openness, accountability and probity in the administration of the petroleum sub-sector of Nigeria’s economy. HURIWA, an advocacy group, made the call against the backdrops of the...