Nigeria’s Debt Profile Hits N32.92trn
The National Bureau of Statistics (NBS),says public debt portfolio as at Dec. 31, 2020, stood at N32.92 trillion, the National Bureau of Statistics (NBS) reveals. The current debt profile was for the
Suggestions
Job Losses Loom Over Planned Reintroduction Of Excise Duty On Soft Drinks
A private sector advocate,Dr.Muda Yussuf,has faulted the proposed reintroduction of excise duty on the production of soft drinks in the country,saying it was ill-timed, insensitive and inappropriate given the prevailing harsh economic
Police Boss Moved Over Alleged Sex Romp, Theft Of Service Pistol
The Lagos State Police Command has redeployed Divisional Police Officer, (DPO) in charge of Denton Police Division, CSP Adegoke Atilade for allegedly having sex in the office with his girlfriend, Jenifer Madueke
We’ll Resume Strike Soon- ASUU
The Academic Staff Union of Universities (ASUU),has hinted that it would resume its its suspended strike last December if the Federal Government fails to honour the agreements reached. Comrade Raphael Amokaha, the
Manufacturers Fret Over Multiple Taxes,Overregulation
The Manufacturers Association of Nigeria says its members are still battling multiple taxes and overregulation which have continued to create untold hardship for them in the country. Specifically, the association hinted that
Rivers,Lagos Lose Bid To Collect VAT
The Court of Appeal in Abuja has halted bid the governments of Rivers and Lagos to collect Value Added Taxes (VAT). Justice Haruna Simon Tsanami, in his ruling,also ordered that the law
Nigeria’s Power Industry:Is There Any Light At The End Of The Tunnel?
As the Electric Power Industry (the Industry) announced yet another review of electric tariffs in January 2021, after much deliberation and delays, a key question that comes to mind is ‘will a
How Kano Couple Stole Day-Old Twin, Throw Lavish Welcome Party -Police.
Police in Kano have recovered a day old baby allegedly stolen by a housewife, Maryam Sadiq, and her husband, Abubakar Sadiq, who reside in Rijiyar Zaki Quarters, Kano. DSP Abdullahi Haruna Kiyawa,spokesman
IOCs’ Failure To Relocate Headquarters To Niger Delta Unfair-Diri
The Bayelsa State Governor, Douye Diri, has expressed disgust over refusal of international oil companies (IOCs) to relocate their corporate headquarters to Niger Delta. He expressed his grievance at the second edition
UBA Records N6.1trn Customers’ Deposit
United Bank for Africa Plc says its customer deposits crossed the N6tn mark, growing by 7.4 per cent to N6.1tn in the first half of the year from N5.7tn as of December
AfDB President Lauds Sahara Group For Promoting Electricity Access In Africa
African Development Bank Group (AfDB) President Dr. Akinwumi A. Adesina has commended the Sahara Group, for boosting power supply in Nigeria, through its Egbin Power Plant and Ikeja Electric Plc. He gave
