Business

Company Income Tax increases by N97.05bn in Q1, 2021- NBS

Ihesiulo Grace 14 May 2021 0

The National Bureau of Statistics (NBS) has said that the sum of N392.77 billion was generated as Company Income Tax (CIT) in Quarter One, 2021 (Q1, 2021) an increase of N97.05 billion over N295.72 billion generated in Q4 2020. This is revealed in the “Company Income Tax by Sectors, Q1 2021”

Business

NNPC retail market shares rise to 14%

Ihesiulo Grace 29 November 2017 0

The Managing Director, Nigerian National Petroleum Retail Limited, Mr. Yemi Adetunji says the market shares of the company has grown to 14 per cent in 2016. Adetunji disclosed this on Tuesday in Abuja, while briefing journalists on plans to inaugurate a new ultra mega station along the Shagamu Express way. He added that the company […]

Money

PTAD in Delta, verifies 5,000 pensioners

Ihesiulo Grace 27 November 2017 0

….PTAD appeals to pensioners over delayed October payment The on-going pension verification exercise has been extended to Delta State beginning with pensioners of Delta Steel Company and Federal Housing Authority involving more than 5,000 pensioners. Executive Secretary, PTAD, Mrs. Sharon Ikpeazor assisting in verification of pensioners, Cross -section of pensioners

News

Night guard found dead at LG office in Ondo

Ihesiulo Grace 24 November 2017 0

Business activities were paralysed at the office of the Multinational Electronic Company, LG office in Akure, the Ondo State capital, following the sudden death of a security night guard employed by the company. The guard man, who was identified simple as Taiwo, was found dead at the entrance of the office which was located very […]

News

PHED throws half of Calabar to darkness for a month

Ihesiulo Grace 11 November 2017 0

…..crimes multiplies, economic activities grounded Close to a month after a House wife and a student of Cross River State University of Technology (CRUTECH) were reported dead at no 14 Adak Uko street in Calabar, Calabar South and part of Calabar Municipal and Odukpani local government have remained in dark and without electricity supply for […]

Abuja Times

Abuja Streetlights: AEDC assures FCT minister of improvement

Ihesiulo Grace 8 November 2017 0

Hope for a significant and immediate improvement on power supply for Abuja Streetlights was kindled recently when the Managing Director of the Abuja Electricity Distribution Company (AEDC), Engr. Ernest Mapwaya, paid the FCT Minister, Mallam Muhammad Musa Beloo, a courtesy call in his office. The FCT Minister had at the occasion given guarantee of a […]

Business News

NNPC/Agip JV to increase power generation by 480MW

Ihesiulo Grace 7 November 2017 0

The Nigerian National Petroleum Corporation (NNPC) and the Nigerian Agip Oil Company (NAOC) Joint Venture is set to boost the Federal Government power generation aspiration by 480 megawatts (MW) through the completion of its Okpai Phase II Independent Power Project (IPP) by 2019. This was disclosed in Abuja on Thursday during the inauguration of the […]

News

Decay in infrastructures hinder water supply in A’Ibom -MD, Water Company

Ihesiulo Grace 6 November 2017 0

The Managing Director, Akwa Ibom Water Company (AKWC), Barr. Aniefiok Ukpe, has said that decay in infrastructures and damages caused by several road constructions in the state hindered the company from supplying water to most of the communities in the state. Ukpe told Daily Times correspondent on Monday that most of the pipelines used in […]

News

Construction coy threatens Adamawa Assembly with legal action

Ihesiulo Grace 6 November 2017 0

The management of Hyro-Source and Resources Company handling a N1.2 billion rural roads project in Adamawa has threatened legal action against the Adamawa House of Assembly over alleged defamatory remarks. The company, through its Site Engineer, Anake Samuel, during a press conference over the weekend in Yola the state capital gave the assembly 48 hours […]

Business Headlines

Excitement as solar-powered tricycles hit Nigerian market

Ihesiulo Grace 30 October 2017 0

A Nigerian company, Oldang International Limited, on Sunday, launched the sales of solar-powered tricycles to enhance public transportation in the country. The company’s Chief Executive, Mr. Olubunmi Oluwadare, said at the launch in Lagos that the solar- powered, fuel-less tricycle popularly called “keke,” would gradually phase out petrol engine tricycles across the

Interviews

Why Calabar airport excels in hospitality business– Ayodele

Ihesiulo Grace 24 October 2017 0

The Airport Manager of Margret Ekpo International Airport, Calabar, Mr. Sunday Ayodele, in this interview with CHUKWUEMEKE IWELUNMO, speaks on the developments in the airport, assuring that the airport will continue to do give passengers efficient services. Can you comment on the recent developments in your airort, given that you are located in the rain […]

Interviews

Our strategies at fighting drug barons, others at MMIA- Ahmadu

Ihesiulo Grace 23 October 2017 0

Garba Ahmadu is the Commander of Murtala Mohammed International Airport (MMIA) of the National Drug Law Enforcement Agency (NDLEA). In this interview with CHUKWUEMEKE IWELUNMO, the NDLEA Commander speaks on the activities of the narcotics agent at the airport. Excerpts: Please can you review the activities of NDLEA in the last six months? In the […]

Telecoms

StarTimes offers subscribers pay per day option, others

Ihesiulo Grace 19 October 2017 0

StarTimes Nigeria on Thursday offered the Pay Per Day options for subscribers across Nigeria. The Chinese multinational media company which offers digital terrestrial television and satellite television services to consumers with strong presence in Africa also announced other options which include the pay per week and per month. Details of the new announcement are yet […]

News

FBN Holdings names Kosoko scribe, as Borodo bows out

Ihesiulo Grace 9 October 2017 0

FBN Holdings Plc has announced the appointment of Oluseye Kosoko as Company Secretary subject to regulatory approval. In the same vein, Tijjani Borodo, the outgoing Company Secretary, will still be around for the next few months to navigate a seamless transition for the substantive Company Secretary. Tijjani will be retiring after three decades of combined […]