archiveJune 27, 2021

The Nigeria Deposit Insurance Corporation (NDIC) has announced plans to commence payment of liquidation dividends to uninsured depositors, creditors and shareholders of additional 14 banks in-liquidation. In a release by the Director, Communication and Public Affairs Department, Bashir Nuhu, the NDIC stated that while stakeholders of eight closed banks are...

The Group Managing Director/CEO of Access Bank Plc, Mr Herbert Wigwe, has been named as the African Banker of the Year for the second consecutive year. Wigwe disclosed this in a statement made available to the News Agency of Nigeria (NAN) on Sunday in Lagos. He was recognised at the...

The Presidency on Sunday said it was curious that the Niger Delta Avengers issued threats to resume bombing of critical oil and gas installations less than 48 hours after the President Muhammadu Buhari met with the leadership of the Niger Delta and Ijaw National Congress and the major issues responded...

Vice President Yemi Osinbajo and Prof. Melaku Desta, a professor of International Economic Law, in the United Kingdom, are expected at a two-day physical and virtual capacity building programme for Nigerian negotiators, beginning on Monday, June 28. Osinbajo would deliver the opening address at the event, while Desta would present...

The family of late Usifo Ataga has appealed to the Police to go beyond the arrest of his suspected murderer by conducting an in-depth investigation to get to the bottom of the case. The appeal is contained in a statement signed by Olusegun Jolaawo, a Senior Advocate of Nigeria, on...

 Minister of State for Petroleum, Chief Timipre Sylva, has said that the country accidentally discovered 206 trillion cubic feet of gas reserves while in search of crude oil.Sylva, who disclosed this in Abuja at a News Agency of Nigeria (NAN) forum, said that the country could discover an additional 600...

  The University of Lagos is test-running its Zero Emission Vehicle (ZEV) it initiated in 2018. The institution’s Deputy Vice-Chancellor, (Academics and Research), Prof. Oluwole Familoni, disclosed this in an interview with the News Agency of Nigeria (NAN) on Sunday in Lagos. According to him, the production is an invaluable...

educates Adelabu, opposition on Alternative Project Funding Approach, efforts on security donates bus to Ajorosun Club Oyo State Governor, 'Seyi Makinde, declared at the weekend that his government has, in its first two years, increased the state's Internally Generated Revenue (IGR) by close to N15 billion without increasing taxes. The...

Catalyst Mobile Nigeria Limited, providers of Drops cab hailing service, is set to roll out the first wholly indigenous cab hailing service in Port Harcourt by July 2021. With its range of designated economy and luxury class of vehicles, the service is aimed at providing excellent transport service to residents...

  VP explains enabling provisions in Finance Act Interacting with Chartered Institute of Taxation members, Osinbajo says no tax increases contemplated for now CITN to VP: We acknowledge your great zeal Nigeria is set to utilize its legal provisions that empower the Federal Government to collect taxes on profits made...