Nigerians, who own properties in the United Kingdom, have inundated the Federal Ministry of Finance’s Voluntary Assets and Income Declaration Scheme (VAIDS) hotlines with calls, causing the lines to crash on Friday. A source at the VAIDs office, told the News Agency of Nigeria (NAN) that the unprecedented level of...
Finance Minister, Kemi Adeosun said on Thursday that there is no hiding place for tax defaulters in the country any more. She expressed regret that no fewer than 56 million Nigerians, who should be paying taxes, are not paying. Mrs Adeosun spoke in Enugu during a sensitisation programme on the Voluntary Assets and...
The Central Bank of Nigeria (CBN) on Thursday revealed through its released Purchasing Managers Index (PMI) report  for January that  expansion of economic activities persisted in January. According to the report, 29 of the 34 sectors surveyed recorded expansion in January. The report stated: “The Manufacturing PMI in the month of...
The Senate of the federal republic of Nigeria has expressed great concern over the widespread usage of Bit-coin, a form of Crypto-currency and other ponzi schemes across the country. This was consequent upon a motion moved by Senator Benjamin Uwaiumogu (Imo North), who expressed concern that Nigerians were freely advised,...
The National Bureau of Statistics (NBS) has disclosed that the nation’s inflation rate slowed down to 15.37 per cent in 2017, making it the 11th consecutive decline year-on-year since January 2017. The Bureau, in its Consumer Price Index (CPI) December 2017 report, said inflation rate slowed by 0.53 per cent...
The Independent Petroleum Marketers Association of Nigeria (IPMAN) on Thursday said that petrol allocations by the Nigerian National Petroleum Corporation (NNPC) to Ibadan Depot was grossly inadequate. Alhaji Raimi Tayo, Chairman, Ibadan Depot of IPMAN, lamented that independent marketers hardly load 12 trucks daily. Tayo said that the situation was causing...
The Central Bank of Nigeria (CBN) ​on Monday threatened to impose N10,000 daily fine on banks and other electronic payment service providers that fail to renew its operating licence within the regulatory deadline. ​This is contained in a circular titled, “Re: Sanctions on erring banks/e-payment service providers for infractions of...
The Central Bank of Nigeria (CBN) has revealed that total deposits by the federal, state governments, financial institutions, among others increased by 4.7 per cent to N20.6 trillion in November from N19.67 trillion in October 2017 (LEADERSHIP). The CBN, performing one of its key mandate as government banker, also keep...
The three tiers of government, federal, state and local, have shared a total of N609.958 billion being revenue generated in the month of November 2017. The figure is higher by N77.21 billion than the N532.758 billion shared for October. The gross statutory revenue of N549.532 billion was available for the month,...
By DAVID ABAKPA, Abuja Governor Willie Obiano of Anambra State has commended the Chairman of Stanel Group, Mr Stanley Uzochukwu, for fuel availability, accurate metre and for maintaining official pump price of N145/litre in Awka while other stations either have no product or selling above N185/litre during the ongoing fuel...

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Church Guard, Workers Disarm Armed Robber In Ogun

Some workers at Grace and Truth Tabernacle have reportedly disarmed a suspected robber, Samuel Ola, who allegedly invaded the church’s premises in the Magboro...

Kwara Central: PDP Submits Saraki’s Name To INEC As Its Senatorial Candidate

APC panel dismisses appeals, upholds automatic tickets The national leadership of the Peoples Democratic Party has sent the name of the President of the...

Benue South APC: Group Accuses Minister Of Agriculture, Ogbeh Of Substituting Elected Candidates

Party supporters from Benue State, under the aegis of Benue South APC Justice and Equality Movement, protested to the party headquarters, on Thursday, asking...

AFCON 2019: Details Of South Africa vs Nigeria Match Confirmed

The details for the Super Eagles’ 2019 Africa Cup of Nations qualifier against South Africa has been released. In an update via their official Twitter...

AFCON 2019: Rohr Reveals Why He Left Iheanacho On The Bench Against Libya

Super Eagles coach, Gernot Rohr , snubbed Leicester City striker Kelechi Iheanacho in the two legs of the African Cup of Nations qualifying games against Libya...