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archiveJune 15, 2021

NEWSTOP STORY

Reps raise question on whereabout of $44m recovered from NIA

The House of Representatives on Tuesday raised questions on the whereabouts of the $44 million dollars recovered from the Nigeria Intelligence Agency (NIA) by Economic and Financial Crime Commission (EFCC) in 2017 as the Office of the National Security Adviser said it was not in custody of the money. The...
CAPITAL MARKETMARKETSTOP STORY

Investors lose N340bn on NGX in 1 day

  Trading at the domestic bourse opened the week on a bearish mood with the market capitalisation losing N340 billion in one day, due to drop in Airtel Africa.Specifically, the market capitalisation, which opened at N20.409 trillion, dipped by N340 billion to close at N20.069 trillion. Also, the All-Share Index...
NEWSTOP STORY

Africa COVID-19 cases exceed 5m, says WHO

 The World Health Organisation (WHO) says confirmed cases of COVID-19 from 55 African countries, as at June 14, have reached over five millions, while 28.2 million vaccines have been administered across the continent. WHO said that 4,475,763 people have recovered in Africa with 234,662 deaths. The world head body said...
IT & TELECOMSOTHER BUSINESSESTOP STORY

NCC begins review of telecoms license structure

The Nigerian Communications Commission (NCC) has initiated a process for the review of existing licensing structure in the Nigerian telecommunications industry, according to Dr Ikechukwu Adinde, the commission’s public affairs director. The commission said that the move was in demonstration of its responsiveness to global trends and the new dynamics...
NEWSTOP STORY

EFCC, KIRS, FIRS partner against tax fraud

The Economic and Financial Crimes Commission (EFCC) is to collaborate with the Kano State Internal Revenue Service (KIRS) and the Federal Inland Revenue Service (FIRS) in tacking tax related frauds. The Head of the Kano Zonal office of the Commission, Mualledi Farouq Dogondaji stated this today, June 15, 2021 during...
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