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Federal Inland Revenue Service has rejected the imposition of additional taxes and levies on business owners to raise money for funding the Child’s Online Access Protection Bill. FIRS Chairman,  Zacch Adedeji,  rejected the proposal when he appeared before the House Committee on Justice in Abuja yesterday. Represented by one Mr Mathew Osanekwu, Adedeji said the FIRS had […]

In continuation of measures to address the food inflation and cost of living crisis, the Federal Government said it had so far intercepted 141  trucks attempting to smuggle grains and other staples to Niger Republic, Chad, Cameroon, and the Central African Republic. Comptroller-General of the Nigeria Customs Service, Bashir Adeniyi, said the service had within two […]

Billionaire businessman, Aliko Dangote, has named the 120-kilometre road leading to his refinery in Lagos after the late Group Chief Executive Officer of Access Holdings, Herbert Wigwe, in recognition of his exceptional contributions to the project. The announcement was made yesterday during a special event held in honour of the late banker in Lagos, titled […]

Economic and Financial Crimes Commission, has indicted banks as being linked to about 70 per cent of the financial crimes in Nigeria. EFCC’s Chairman, Ola Olukayode, opened this up while speaking in Abuja at the 2023 Annual Retreat and General Meeting of the Association of Chief Audit Executives of Banks, ACAEBIN  in Nigeria. He pointed out […]

Federal Government is to hold Public Hearings to review the Minimum Wage, across the six geo-political zones of the country. The Head of Press and Public Relations of the Federal Ministry of Finance,  Mrs. Helen Chukwu, in a statement in Abuja, yesterday, indicated that the series would commence in the South West. According to her, the […]

House of Representatives, has called for the arrest of the top executives of Binance Holdings Limited, a cryptocurrency exchange platform which is facing fraud allegations. The platform was accused of exploiting the Nigerian currency, Naira, leading to its free fall in value. The company is, in addition, facing allegations of terrorism financing, money laundering and […]

President of the African Development Bank, Akinwumi Adesina, says the Board of the Bank has approved one hundred and thirty-four Million Dollars for Nigeria to implement an emergency food production plan. According to him, talks are also ongoing for a 1.7 billion dollar economic and budget support loan as well as the launch of a […]

No fewer than forty million telephone lines have been barred by telecommunication operators over the weekend following the expiration of the February 28, 2024 deadline issued by the Nigerian Communications Commission mandating telecom consumers to link the Subscriber Identity Module to their National Identity Numbers. This represents a twenty million increase from the twelve million […]

The Nigeria Labour Congress has insisted that only full implementation of agreements concerning hardship in the country would stop the planned nationwide strike. This was contained in the latest letter written to the government, where in the NLC dismissed claims by the federal government that it had fulfilled 80 per cent of the October 2, […]