archive2020

  The Supreme Court on Monday dismissed the appeal of the All Progressive Congress (APC) and its candidate, Ahmed Aliyu, challenging Aminu Tambuwal of the Peoples Democratic Party (PDP) as governor of Sokoto State. The seven-member of the apex court, in a unanimous judgement on Monday, dismissed the appeal for...

Former Vice President Atiku Abubakar has expressed support for the Western Nigeria Security Network (WNSN), codenamed Operation Amotekun and he has equally called for the adoption of community, state and zonal policing to complement federal policing in order to effectively tackle current security challenges facing the nation. Atiku, who was...

The Federal Government has included 20 basic food items, locally manufactured sanitary towels, pads and tuition fees relating to nursery, primary, secondary and tertiary education to the exemption list of goods and services on the Value Added Tax (VAT) under the new Finance Law A statement by Senior Special Assistant...

Access Bank Plc has announced its plan to acquire majority equity stake in Transnational Bank Ltd (TNB) of Kenya. The announcement followed regulatory approval given to the bank by the Central Bank of Nigeria (CBN) to proceed with the acquisition. In a statement on Sunday, Access Bank said it had...

The presidency had made public the breakdown of Finance Bill, 2019, which was submitted to the National Assembly by President Muhammadu Buhari alongside the 2020 Appropriation Bill, and signed into law by the president on January 13, 2020. The breakdown was released by Mr Laolu Akande, Senior Special Assistant to...

  The National Emergency Management Agency (NEMA) on Sunday said that two bodies had been recovered from the explosion site of a Nigerian National Petroleum Corporation (NNPC) pipeline at Ile Epo axis of Alimosho Local Government Area of Lagos State. Mr Ibrahim Farinloye, Acting Coordinator, Lagos Territorial Office, NEMA, confirmed...

  Flour Mills of Nigeria Plc has announced the issuance of N20 billion “in medium terms bonds subject to appropriate pricing.” The company disclosed this in its notification to the Nigerian Stock Exchange (NSE) on Thursday, signed by Joseph A.O Umolu, its Company Secretary/Director, Legal Services. According to the company,...

The Federal Government has said the commencement of the implementation of the new Value Added Tax (VAT) of 7.5 per cent is to take effect from February 1, 2020, after all the necessary administrative procedures have been completed, especially the Gazette of the recently signed 2019 Finance Act by the...

The Federal Government has revealed plans are underway to provide alternative petrol -Compressed Natural Gas (CNG) – for the common man that will cost between N95 to N97 per litre. This is according to The Nation’s report, even as it also promised to pass the Petroleum Industry Bill(PIB) before May...

President Muhammadu Buhari would leave Nigeria to the United Kingdon on Friday to participate in a summit slated for Monday, January 20, 2020. This was made known by the Special Assistant on New Media to the Nigerian Leader, Bashir Ahmad on Twitter. According to the aide, the president is going...