NNPC publishes 2020 audited account, assets rise by 18.7%

For the third time since it was established 44 years ago, the Nigerian National Petroleum Corporation (NNPC) yesterday officially released its Audited Financial Statement (AFS) for year 2020. With the development, the corporation has now joined other state-owned global oil concerns that publish the details of their operations, to among others, boost investors’ confidence and […]

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Andersen faults FIRS on N1.8trn tax liability on Multichoice

Tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS), arrived at the N1.8 trillion tax bill it slammed on MultiChoice Nigeria, warning that it could harm the reputation of both parties. The firm’s position was contained in an article published on its website. Titled “Reputational Risks and Tax: MultiChoice […]

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PDP governors say October convention sacrosanct

Photo: facebook/AMINUWAZIRITAMBUWAL Aggrieved parties agree to withdraw court cases, Mark tells governors Governors of the Peoples Democratic Party (PDP) have insisted that the October 30 national convention must hold to elect new officers of the party. The 92nd meeting of the National Executive Committee (NEC) of the party, which held two weeks ago, had ordered […]

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Stakeholders divided on cancellation of JAMB cut-off marks

The Joint Admissions and Matriculation Board (JAMB), at its policy meeting last week, announced the cancellation of national admission benchmark, otherwise called cut-off mark. With the scrapping of the age-long method, each of the nation’s tertiary institutions is now authorised to peg its admission benchmark. Already, universities, polytechnics and colleges of education have sent their […]

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Anxiety in Lagos communities over exposed vandalised petroleum pipeline

Scene of the vandalised petroleum pipeline covered with condemned tyres Roadside vendors, mechanics asked to vacate spilling spots Eight days after commercial activities were grounded in Ikotun and environs following heavy flow of Petroleum Motor Spirit (PMS) from a vandalised pipeline into Omoboriowo Street, and Prince Adeyemi Street off Governor Road, Ikotun, residents are still […]

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Manufacturers’ confidence in economy rises amid forex, inflation challenges

Despite improved confidence in the economy as shown in the latest Manufacturers Confidence Index (MCCI) by local manufacturers, there are concerns about the unabating liquidity crisis in the productive sector, especially as it relates to access to foreign exchange. With a weakened currency that is already trading at N535 to the dollar as well as […]

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Ekiti 2022 guber race: Internal strife hampers APC, PDP

Going by the timetable released by the Independent National Electoral Commission (INEC), for the 2022 governorship election in Ekiti State, political parties are expected to conduct primary elections in January 2021. However, less than five months to this crucial aspect of the governorship election, the two dominant political parties, that is, the ruling All Progressives […]

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Akeredolu vows to enforce anti open grazing law

Ondo State Governor and Chairman of South-West Governors’ Forum, Oluwarotimi Akeredolu, has vowed to enforce anti open grazing law operating in the state. He insisted that his administration would not hesitate to decisively deal with any offender who flouts the anti-open grazing law, which he recently signed, even as he warned the Miyetti Allah Cattle […]

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Manufacturers deplore stalemate as FIRS, Rivers insist on VAT collection

We have backing of VAT Act, says FIRS Rivers meets business community, begins implementation Bickering, as Lagos proposes six per cent VAT, 75% for state, councils 25% Manufacturers worry about impasse despite N44.9b remittance in H1 The battle for Value Added Tax (VAT) between the Federal Inland Revenue Service (FIRS) and states got fiercer yesterday […]

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What Ndigbo will tell Buhari in Owerri today, by Ohanaeze, MASSOB, Igbo leaders

No big deal, Buhari visited Imo three times under my watch, says Okorocha HURIWA reacts as govt reopens banks after shutdown over Monday’s sit-at-home When President Muhammadu Buhari eventually visits Owerri, Imo State capital, today, the exclusion of Ndigbo from heads of security agencies, continuous agitation by the Indigenous People of Biafra (IPOB) that has […]

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