archiveDecember 2, 2024

The former Edo State Governor,Comrade Adams  Oshiomhole while speaking at a forum on local government autonomy organized by the House of Representatives on Monday, stressed the importance of character in governance and accountability. He emphasized the important responsibilities of local government chairmen, given their proximity to the people, and advised...

Justice Jude Onwuegbuzie, on Monday, December 2, 2024 gave a ruling on a final forfeiture of an estate in Abuja measuring 150,500 square meters and containing 753 Units of duplexes and other apartments.  This is the single largest asset recovery by the Economic and Financial Crimes Commission, EFCC, since its...

  Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has explained the reason behind the proposed change of name from the Federal Inland Revenue Service, FIRS, to the Nigeria Revenue Service, NRS. It will be recalled that one of the bills currently before the...

  President Bola Tinubu has described the era before the removal of the fuel subsidy as a period when Nigerians were living a “fake good life” that almost crashed the nation’s economy. Tinubu, represented by the Vice Chancellor of the University of Ilorin, Prof. Wahab Egbewole, while speaking at the...

  Dr Olisa Agbakoba, SAN, has said that it is time to devolve powers to all three governments in Nigeria to promote efficiency and development. He made the call in a press statement made available to Business247 News on Monday by his Media Executive, Mr Niyi Odunmorayo. According to him,...

  The National Drug Law Enforcement Agency (NDLEA) says it has arrested Ezeokoli Sylva, a businessman based in Brazil, for allegedly smuggling 700 grams of cocaine. A statement on Sunday by Femi Babafemi, NDLEA spokesperson, said the discovery was made following his arrest at the Murtala Muhammed International Airport (MMIA)...

  According to the latest Purchasing Managers’ Index report by S&P Global, Nigeria’s private sector grappled with heightened inflationary pressures in November 2024, driven by currency depreciation and escalating fuel prices. The report, released on Monday, revealed that these factors significantly increased input costs, restricted purchasing activities, and dampened growth...

  Senator Orji Kalu, who represents Abia North at the upper legislative chamber has revealed that the Federal Government made a mistake not to have carried the National Executive Council, Nigeria Governor’s Forum, and the Council of State along in its tax reform bills. Kalu disclosed this on Monday in...

  The Debt Management Office (DMO), has offered two Federal Government of Nigeria (FGN) savings bonds for subscription in December. The Debt Management Office (DMO), has offered two Federal Government of Nigeria (FGN) savings bonds for subscription in December. The DMO said on Monday that the first offer was a...

  A devastating fire broke out at the popular Oja Agbe market in Moniya, Akinyele Local Government Area of Ibadan, Oyo State, on Monday, destroying goods and property worth millions of Naira. The fire, which began around midnight, spread rapidly, engulfing approximately 17 shops, containers, and nearby buildings. Authorities traced...