Business News

FIRS to impose VAT on online transaction from January 2020

Ihesiulo Grace 27 August 2019 0

Philip Clement – Abuja The Federal Inland Revenue Service (FIRS) says it will commence the imposition of value-added tax (VAT) on online transactions, both domestic and international, starting from January 2020. FIRS executive chairman, Babatunde Fowler made this disclosure yesterday at

Business News

Bag of Goodies Promo: Dangote Cement gives new cars to four customers

Ihesiulo Grace 27 August 2019 0

Motolani Oseni The on-going Dangote Cement’s Bag of Goodies Promo, which promises to reward 21 million cement consumers nationwide has on Monday presented four new cars to four of its Cement customers in Abuja and Onitsha respectively. While three customers, Olatunji Victor Junaid, Bayo Fabiyi Joseph and Ahmed Muhammad won the cars in Abuja, Iwuafor […]

Business News

NIPC, SMEDAN link MSMEs with larger coys

Ihesiulo Grace 23 August 2019 0

The Nigerian Investment Promotion Commission (NIPC) has said that its Micro, Small and Medium Enterprises (MSMEs) “Market Linkage” initiative was designed to connect MSMEs to larger companies to boost economic growth. Mr. Emeka Offor, Director, Strategic Communications Department, NIPC, said this on Thursday in Abuja. Offor made this known at the stakeholders’ engagement

News Power & Energy

FG pumps N600 billion funds into power sector

Ihesiulo Grace 21 August 2019 0

The power sector will be receiving N600bn intervention from the Federal Government soon. It was gathered on Wednesday in Abuja that President Muhammad Buhari has signed for the release of the fund. The Marketing Operator, Transmission Company of Nigeria, Edmond Eje, disclosed this while speaking on the sidelines of the third MO interactive stakeholders’ forum. […]

Banking Business Law

Court orders CBN to pay Benue communities N8bn

Ihesiulo Grace 20 August 2019 0

The Federal High Court, Abuja on Monday ordered the Central Bank of Nigeria to immediately pay the sum of N8 billion to Tiv communities in Benue state invaded by soldiers sometime in year 2001. The News Agency of Nigeria (NAN) reports that the money was awarded in favour of the communities in Logo, Ukum, Kwande […]

Banking Business Power & Energy

World Bank, AfDB boost Nigeria’s power sector with $961m

Ihesiulo Grace 20 August 2019 0

Michael Ajayi Not less than a total sum of $961 million or N349.8 billion was raised from the World Bank and African Development Bank (AfDB) in 2018 alone for power transmission investment. The Managing Director of Transmission Company of Nigeria (TCN), Usman Gur Mohammed, reportedly disclosed this recently in Abeokuta, while maintaining that the funds […]

Aviation Business Oil & Gas

NEPAL expands operations into aviation space

Ihesiulo Grace 16 August 2019 0

Michael Ajayi NEPAL Oil and Gas services Ltd., one of the leading indigenous companies operating in Nigeria’s Downstream Oil & Gas Sector has recently ventured into the Aviation business with the introduction of its newest subsidiary, NEPAL Fly Limited. This is in line with the company’s plans to expand its business operations within Nigeria and […]

Aviation Business

Nigeria to witness astronomical increase in drones by 2024 -NAMA Director

Ihesiulo Grace 16 August 2019 0

Chukwuemeke Iwelunmo It has been projected that the application of Remotely Piloted Aircraft RPAS known as drones is expected to increase astronomically within the next five years with expected growth in the use of spaced aircraft also increasing the volume of air traffic in the next few years. The Director of Operations, Nigerian Airspace Management […]

Business Labour News

Minimum wage negotiations ongoing, says NLC

Ihesiulo Grace 16 August 2019 0

Joy Obakeye The Nigeria Labour Congress (NLC) has dismissed reports that negotiations between the organised labour and the Technical Committee on Consequential Adjustment of the new minimum wage had stopped. The NLC National President, Mr Ayuba Wabbab on Thursday in Abuja disclosed that the negotiations were still ongoing. He said even although the NLC and […]

Football Sports

AAG: Flying Eagles have no reason to fail in Morocco – coach

Ihesiulo Grace 14 August 2019 0

Flying Eagles coach Paul Aigbogun has told newsmen in a chat that he and his boys have no reason not to make Nigeria proud in the men’s football event of the 12th All Africa Games in Morocco given their good preparation and motivation the players feel. Flying Eagles have undergone an intensive preparation in Abuja […]

Sports

Dennerby calls up 30 Super Falcons for Tokyo 2020 qualifier against Algeria

Ihesiulo Grace 9 August 2019 0

Super Falcons’ Head Coach Thomas Dennerby has invited 30 players to start a camping programme in Abuja as from Thursday, the Nigeria Football Federation (NFF) announced on Wednesday. Ademola Olajire, NFF’s Director of Communications, said in a statement that the programme was part of the team’s preparations for their upcoming clash with Algeria in the […]

Sports

Amapakabo invites 35 players to camp for Sudan game

Ihesiulo Grace 9 August 2019 0

Super Eagles Assistant Coach, Imama Amapakabo, has invited 35 players to camp for Nigeria’s games against Sudan slated for September in the qualifiers for the 2019 AFCON Under-23 Championship. The Olympic Eagles are away to Khartoum for the first leg of the fixture on Sept. 6, before hosting the Sudanese at the Stephen Keshi Stadium […]

News Politics

HURIWA, Ijaw groups blow hot over Sowore’s continued detention

Ihesiulo Grace 9 August 2019 0

The Human Rights Writers Association of Nigeria has accused the President Muhammadu Buhari led government and the Federal High Court of abuse of power. The group made the statement on Thursday while reacting to the granting of an ex-parte order by Justice Taiwo Taiwo of the Federal High Court, Abuja, to the Department of State […]

News Politics

Afenifere slams 45-day detention order on Sowore, as CDHR demand his immediate release

Ihesiulo Grace 9 August 2019 0

Following the ruling of an Abuja High Court granting the request of the Department of State Services (DSS) granting them right to hold convener of #RevolutionNow, Omoyele Sowore for 45 days, Afenifere, the Yoruba social political organization has said that it views with great concern the 45-day detention without trial granted the DSS. This is […]

Law News Politics

SERAP writes UN over alleged poor human rights situation in Nigeria

Ihesiulo Grace 9 August 2019 0

Socio-Economic Rights and Accountability Project (SERAP) has done a petition against Nigeria to the United Nations Human Rights Council in Geneva over what it describes as the drastic deterioration of human rights situation in the country. In an open petition to all members and observer states of the United Nations Human Rights Council in Geneva, […]

Features Law News

Proscribed IMN member urges Court to vacate its order

Ihesiulo Grace 7 August 2019 0

Andrew Orolua – Abuja The Federal government last week’s Friday obtained an order of the Federal High Court Abuja proscribing the Islamic Movement of Nigeria (IMN), as a terrorist organization. The proscription followed an application brought by the federal government through the Solicitor General of the Federation, Dayo Apata. The order issued by Justice

Business

Dangote Cement promo: Two-car winners emerge in Kano, Abuja

Ihesiulo Grace 7 August 2019 0

Temitope Adebayo As the Dangote Cement Bag of Goodies promo enters the fifth week, two winners, from Abuja and Kano respectively were presented with brand new saloon cars on Monday. The Management of Dangote Cement Plc. on Monday presented brand new saloon cars to two winners, from Abuja and Kano While Alhaji Sanusi Saíd, a […]

Business

NAAE seeks global aviation safety, hosts IFATSEA

Ihesiulo Grace 2 August 2019 0

Chukwuemeke Iwelunmo Aviation stakeholders across the continent will be gathering in Abuja to brainstorm on how to advance the Air traffic engineering profession forward in order to enhance global aviation safety and security The gathering will enable the country to showcase milestones achievements in the aviation sector in the past few years as it hosts […]

Business Food & Nutrition

Review forex restriction for milk importation, NECA charges CBN

Ihesiulo Grace 2 August 2019 0

Motolani Oseni The Nigeria Employers’ Consultative Association (NECA) on Thursday has called on the Central Bank of Nigeria (CBN) to, in the interim, suspend the planned foreign exchange restriction for milk importation. Speaking at a Business Forum in Lagos, Director-General of NECA, Mr Timothy Olawale, explained on the need to gauge the suitability or otherwise […]

Business Oil & Gas

Accountability: Kyari wants NGE to keep NNPC in check

Ihesiulo Grace 2 August 2019 0

Michael Ajayi The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Malam Mele Kyari, has urged members of the Nigerian Guild of Editors (NGE) to join the effort to keep the corporation in check for transparency and accountability. Kyari gave the charge when a delegation of the Guild led by its president, Ms […]