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Business
The Federal Inland Revenue Service (FIRS) has unveiled a fresh approach to tax administration, focusing on voluntary compliance and the integration of modern technology to foster transparency, efficiency, and predictability within Nigeria’s tax ecosystem. In a statement issued by Collins Omokaro, Special Adviser on Communications and Advocacy to the Executive Chairman of FIRS, the agency ...
News
The Chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), Dr. Musa Adamu Aliyu SAN, has urged stakeholders in local governance to embrace administrative reforms and enhance institutional capacity to ensure transparency and accountability in Nigeria’s local government system. Speaking at a one-day dialogue organized by the Civil Society Legislative Advocacy Centre ...
Business
The Federal Competition and Consumer Protection Commission (FCCPC) on Tuesday held a Market Engagement Forum in four major markets within the Federal Capital Territory,Kuje, Gwagwalada, Kwali, and Abaji, as part of its ongoing nationwide initiative to connect directly with the heartbeat of the Nigerian economy. Addressing traders and market union leaders during the forum, the ...
Money market
A new report from Proshare has revealed that only two of Nigeria’s top-tier banks, Zenith Bank and Access Holdings Plc, have so far met the Central Bank of Nigeria’s (CBN) new minimum capital threshold of N500 billion for internationally licensed institutions. The report, titled “Tier 1 Banks Report: Getting Bigger, Braver, and Dominant – The ...
News
As part of the 2025 Democracy Day celebrations, President Bola Ahmed Tinubu on Thursday conferred national honours on dozens of Nigerians who played significant roles in the country’s democratic journey. Delivering his State of the Nation address at the National Assembly, President Tinubu said the awards were meant to recognise the patriotic sacrifices and contributions ...
News
A coalition of youth groups across Nigeria, under the umbrella of the Green Assembly Initiative, on Wednesday night issued a stern warning to any groups planning to disrupt its scheduled Democracy Day solidarity marches in Lagos, Abuja, and Port Harcourt on Thursday. Speaking at a press conference in Abuja, the Chairman of the Green Assembly ...
News
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned a former Court of Appeal staff, Munirat Abdulazeez, before a Federal Capital Territory High Court, Bwari, over her alleged involvement in a job racketeering scam. This is contained in a statement signed by Demola Bakare, Director, Public Enlightenment and Education/Spokesperson for the Commission ...
Capital Market
The United States Ambassador to Nigeria, Richard Mills Jr, has disclosed that the United States and Nigeria have come in deepening our people-to-people ties, the foundation of our relationship. He made the disclosure on Thursday at the Fireside Chat held at the Lagos Business School under the theme ‘Toward a Robust US-Nigeria Commercial and Investment ...
News
The Commandant, Nigeria Security and Civil Defence Corps (NSCDC), Federal Capital Territory (FCstT) Command, Olusola Odumosu PhD, has ordered the deployment of 4500 Personnel across the nooks and crannies of the FCT ahead of the Eid- el- Kabir Celebrations. This is contained in a statement signed by Monica Ojobi, Spokesperson of the agency on Wednesday. ...
Breaking News
The Accountant General of the Federation (AGF), Mr Shemseldeen Babtunde Ogunjimi has reaffirmed that his Office will continue to support the Federal Road Safety Corps (FRSC) in its effort to ensure safety on Nigerian roads. This is contained in a statement signed by Bawa Mokwa Director (Press and Public Relations) on Wednesday. Mr. Ogunjimi stated ...
Business
The Executive Director and Chief Executive Officer of the Nigerian Export Promotion Council (NEPC), Nonye Ayeni, has revealed that Nigeria exported 197 different products valued at US$1.791 billion to 96 countries in the first quarter of 2025. Ayeni made this disclosure on Wednesday at the graduation ceremony for the Class of 2021 Level 4 Diploma ...
News
The Federal High Court in Abuja has been asked to prohibit Patrick Okedinachi Utomi, the 2007 presidential candidate of the African Democratic Congress (ADC), from making public statements or holding rallies related to his announced plan to establish a shadow government in Nigeria. The application was filed on Wednesday by the State Security Service (SSS) ...
Regional News
Suspended Senator representing Kogi Central, Natasha Akpoti-Uduaghan, has firmly dismissed recent allegations linking her to a supposed plot to undermine President Bola Tinubu’s administration. Addressing the claims, Akpoti-Uduaghan clarified that her relationship with the President is founded on mutual respect and driven by a shared commitment to national development. The lawmaker’s response comes in light ...
News
The Speaker of the House of Representatives, Abbas Tajudeen, has ordered a full-scale investigation into the failure of government agencies to implement and remit the statutory five per cent road maintenance user charge mandated by the Federal Roads Maintenance Agency (FERMA) Amendment Act of 2007. Speaking at an investigative hearing convened by the House Ad-Hoc ...
Business
The Federal Ministry of Finance has welcomed Moody’s Investors Service’s decision to upgrade Nigeria’s issuer ratings from Caa1 to B3, with a stable outlook, attributing the positive revision to marked improvements in Nigeria’s external and fiscal positions. The development was announced in a statement released on Sunday and signed by Mohammed Manga, Director of Information ...
News
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has reaffirmed its commitment to strategic partnerships in the fight against corruption. It commended the BudgIT Foundation for its role in promoting transparency and accountability in public service. The commendation was made during BudgIT’s newly developed Project Tracking Policy Manual's official presentation to the ICPC ...
News
The Director General NYSC, Brigadier General Olakunle Nafiu has acceded to the request of the NDLEA Chairman, Brigadier General Buba Marwa (rtd) for the Scheme to deploy Corps Members with relevant qualifications to the Agency’s Counselling and Rehabilitation Centres nationwide. This is contained in a statement signed by Caroline Embu , Acting Director Information and ...
Health
The Minister of State for Health and Social Welfare, Dr. Iziaq Adekunle Salako, has reaffirmed the Federal Government’s commitment to using biotechnology as a catalyst for transforming healthcare delivery in the country. The Minister dispelled persistent public fears over the safety of Genetically Modified Organisms (GMOs), urging Nigerians to embrace the scientific advancements that biotechnology ...
Business
The Comptroller General of Nigeria Customs Service (NCS), Bashir Adeniyi Adewale has disclosed that the service has generated a whopping total of N1.765 trillion in the First quarter of 2025 He made the disclosure during a press conference on the first quarter report of the activities of the service held in Abuja on Tuesday Details ...
News
The National Hajj Commission of Nigeria (NAHCON) has announced that the inaugural flight for the 2025 Hajj season will take off on May 9th, with the airlift operation expected to be concluded by May 24th. This was disclosed during a meeting between NAHCON and State Muslim Pilgrims’ Welfare Board Executive Secretaries under the Forum of ...
