Nigeria Archives — Page 384 of 672

February 28, 2019 No Responses

FG, States, Local Govts Share N610.368b

The Federation Accounts Allocation Committee (FAAC) has shared N610.368 billion federal revenue generated last month to the three tiers of government. The Accountant-General of the Federation (AGF), Ahmed Idris, said approval is being awaited from the Minister of Finance for...

February 28, 2019 No Responses

UK, African Leaders Congratulate Buhari

The United Kingdom has felicitated with President Muhammadu Buhari on his electoral victory in the Saturday’s presidential election. A statement from the UK’s minister of state for Africa, Harriett Baldwin, said the result declared by the Independent Natio...

February 27, 2019 No Responses

Nigeria Boosts Foreign Exchange Market With $210m

The Central Bank of Nigeria (CBN) has injected 210 million dollars into the inter-bank Foreign Exchange Market to ensure adequate supply of foreign exchange to customers. The CBN Director, Corporate Communications Department, Isaac Okorafor, in a statement on ...

February 26, 2019 No Responses

Olu Of Warri Canvasses Support For Ocean And Cargo Terminal

The Olu of Warri, His Majesty Ogiame Ikenwoli, has pledged his support for the Ocean and Cargo Terminal Services Limited as the company formally takes possession of the Warri Port Terminal B. This was expressed when the board and management...

February 25, 2019 No Responses

Anxiety As Nigerians Await Presidential Results

Amidst anxiety, the Independent National Electoral Commission (INEC) has concluded arrangement to commence collation and announcement of results of Saturday’s elections on Monday, February 25, 2019. INEC Chairman, Prof Mahmood Yakubu w...

February 24, 2019 No Responses

Violence Rocks Polls In Some States

Following reports of violence, the Independent National Electoral Commission (INEC) has announced the cancellation and rescheduling of elections in some parts of Rivers, Anambra and Lagos States. INEC Commissioner and chairman, Information and Vote...

February 23, 2019 No Responses

Tight Security, Cloudy Weather As Nigerians Elect President

Besides adequate security, the Nigerian Meteorological Agency (NiMet) has predicted sunny, hazy and partly cloudy weather conditions with thundery activities over most parts of the country today (Saturday) as Nigerians elect President and members of the Nation...

February 23, 2019 No Responses

2018 Q4: Nigeria Generates N298b From VAT

For the fourth quarter, 2018, Nigeria generated N298.01 billion from Value Added Tax (VAT). The National Bureau of Statistics ( NBS ) gave the update on its website in a Sectoral Distribution of VAT report for the fourth quarter, 2018....

February 22, 2019 No Responses

SAHCO, BAYELSA SEAL MoU ON AIRPORT GROUND HANDLING OPERATIONS

Skyway Aviation Handling Company PLC (SAHCO) has signed a Memorandum of Understanding (MoU) with the Bayelsa State Government to be the official ground handling provider in the Bayelsa International Airport. A statement issued by Vanessa Uansohia, Manager, Cor...

February 22, 2019 No Responses

NLNG flags off 2019 Nigeria Literary competitions

The Advisory Boards for The Nigeria Prize for Science, The Nigeria Prize for Literature and The Literary Criticism Prize, sponsored by Nigeria LNG (NLNG) Limited, have published the Call for Entries for the 2019 edition of the prizes, flagging off...

February 22, 2019 No Responses

FIRS Boss At MAN Interactive Forum, Secures Unpaid N23b From Firms

The Federal Inland Revenue Service (FIRS) has generated over N23billion in unpaid taxes from the suspended substitution exercise on corporate bank accounts, marked by the imposition of restriction on the accounts of tax-defaulting organisations. FIRS Chairman,...

February 20, 2019 No Responses

Dunlop Revisits Manufacturing In Nigeria, Seeks Technical Partners

Citybusinessnews@yahoo.com – DN Tyre and Rubber Plc (formerly known as Dunlop Nigeria Plc) has intensified ongoing discussions with Edo State government as part of measures to revive local manufacturing. According to the company, the development is...

February 20, 2019 No Responses

SEC Clamps Down On Growing Circle Over Alleged Illegal Capital Market Activities

The Securities and Exchange Commission, SEC, has sealed off the premises of Growing Circle in Lagos for engaging in alleged illegal fund management activities. According to the Commission, the company was shut down for carrying out investment...

February 20, 2019 No Responses

INEC Explains Separate Logistics Committee For 2019 Elections

The Independent National Electoral Commission (INEC) has explained why it set up a separate ad-hoc committee for logistics. Mr Yakubu set up the advisory committee three months to the polls. Okechukwu Ibeanu, who heads the commission’s operations and logisti...