The implementation of the new national minimum wage would commence in the third quarter of this year, the Federal Government announced on Monday. According to the Minister of Labour and Employment, Chris Ngige, the negotiation […]
Chairman of the Federal Inland Revenue Service (FIRS), Mr. Tunde Fowler, has advised prominent Nigerians with tax liabilities to take advantage of the Voluntary Assets and Income Declaration Scheme (VAIDS), as political, social or economic […]
The Federal Government has said that it will beam its searchlight on Dana Air and other airlines operating in the country to ensure that Nigerians travelling by air are safe. The Minister of State for […]
Deposit Money Banks in the country have, appropriately been ordered by the Central Bank of Nigeria (CBN) to suspend bank accounts and Bank Verification Numbers (BVN) of their customers linked with any fraudulent activities. It […]
About two in five companies privatised by the Bureau for Public Enterprises since inception are not performing, the agency has stated. The agency said it has privatised 142 enterprises since inception in 2004 with 37 […]
Households have become severely traumatised nationwide, by the escalating prices of goods and services, particularly in the last six months or so. The uneasy feeling that one’s pocket has been picked has probably become common […]
The insurance sector isn’t getting the attention of investors in the current stock market rally that has seen some share prices double within three weeks of the new year. The sector continues to face weak […]
It has been a painful week of trading for the dollar. The Greenback has essentially reversed its recovery from the previous two trading weeks, to return back towards levels not seen since December 2014. This […]
Plans are underway for Dangote Cement Plc to raise $1 billion from a share sale on the London Stock Exchange, a report by Bloomberg has claimed. Bloomberg reports that the company, which is owned by […]
The Asset Management Corporation of Nigeria (AMCON) has taken over the assets of Daily Times Nigeria Plc, a media establishment. According to a statement signed by Jude Nwauzor, AMCON spokesman, Gbenga Fakoya took over the […]
In line with global best practice in the use of technology and automated solutions, the Lagos Internal Revenue Service (LIRS) has introduced recently an Electronic Revenue Assurance (ERA) System for Hotels, Restaurants, Night Clubs and […]
Nigerians who own property in the United Kingdom have inundated the ministry of finance’s Voluntary Assets and Income Declaration Scheme (VAIDS) hotlines with calls, causing the lines to crash on Friday. NAN quoted a source […]
The evident danger to public health from handling dirty, grimy and bacteria laden Naira notes in millions of transactions every day, should spur government to reconsider revamping the present repulsive profile of the Naira. The […]
The British government, through its export credit agency, UK Export Finance (UKEF), says it will now accept naira payments from Nigerian business owners who make procurement in the UK. The UK department of international trade […]
The federal government will re-introduce excise duty on some goods manufactured in the country and excisable imported goods in line with the directive of ECOWAS council of ministers. In a letter addressed to President Muhammadu […]
Cigarette smoking is not only dangerous to your health — it may soon start burning holes in your pockets. Kemi Adeosun, minister of finance, is proposing increased tariff for cigarette and alcohol. Her proposal is […]
The Federal Government has announced that it is set to empower a special task force that will remove trucks/trailers from the Apapa-Oshodi Expressway to make access into the Apapa ports easy. It said the committee […]
The Nigerian Civil Aviation Authority says it has set up a four-man team to investigate the alleged incident involving Dana Air’s flight on Wednesday. A passenger had taken to Twitter to complain that the door […]
By Prince Osuagwu (Hi Tech Editor) After a surprise acquisition of e-commerce powerhouse, Konga, on Friday, by technology Company, Zinox Technologies, Nigeria’s e-commerce sector is tipped to be on its way to a tremendous growth that […]
There are indications that OLX, an online marketplace owned by Naspers, has shut down its offices in Nigeria, a move that will affect over 100 of its employees. It was gathered that the workers were […]
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