Dangote lists 7 points to stimulate investment, stabilize downstream sector
DANGOTE Refinery, an indigenous refining company, yesterday, listed seven points, capable of enabling Nigeria to stimulate investment and stability in the downstream sector. The seven points included increased private sector enterprise, competitive investment regime, government policy shift, fuel subsidy elimination, introduction of calibrated fuel taxation, reduction of interest rates to
FIRS explains Nigeria’s rejection of OECD tax agreement
The Federal Inland Revenue Service (FIRS) has stated that Nigeria refused to endorse the Organization for Economic Cooperation and Development (OECD) Minimum Corporate Tax Agreement because it does not serve the overall interest of the country. Executive Chairman of FIRS, Mohammad Nami gave this explanation at the recent tax conference
2023 Census: Remain in your states of residency — NPC advises
2023 Census: Remain in your states of residency — NPC advises Ahead of the 2023 population and housing census, the National Population Commission (NPC) has called on Nigerians to remain at their places of residency and be counted. The Executive Chairman of NPC, Mr Nasir Isa-Kwarra, made the call at
‘Never have I been so ashamed’: Russian envoy criticizes war
DAVOS, Switzerland — A veteran Russian diplomat to the U.N. Office at Geneva says he handed in his resignation before sending out a scathing letter to foreign colleagues inveighing against the “aggressive war unleashed” by Russian President Vladimir Putin in Ukraine. Boris Bondarev, 41, confirmed his resignation in a letter
INFLATION: Analysts divided over MPC decision on policy rate
Investment analysts are divided on whether the Central Bank of Nigeria, CBN will at the end of the meeting of its Monetary Policy Committee, MPC, raise the Monetary Policy Rate, MPR, following the three-month consecutive increase in the inflation rate. The inflation rate rose to 16.82 per cent in April,
AIHS 2022: HDAN Harps On Dialogue With Political Leaders On Housing
Nigeria’s leading housing advocacy organization, Housing Development Advocacy Network (HDAN), has stressed the significance of dialogue as a mechanism for addressing the country’s housing gap, as it sets out to engage political aspirants at both state and federal levels on housing. Mr. Festus Adebayo, executive director of HDAN made this
Electoral Act Amendment: Bill yet to be signed — Presidency sources
There are conflicting stories on the position of the Electoral Act Amendment Bill waiting for President Muhammadu Buhari’s assent. It was earlier reported that President Muhammadu Buhari may have appended his signature to the piece of legislation. Some online platforms, on Saturday, published a story claiming that the President
Priest suspended for joining Benue state governorship race
The Catholic Diocese of Gboko in Benue State has suspended Reverend Father, Hycainth Alia, for expressing interest in the governorship contest of the state. Alia is among the 12 governorship aspirants who purchased expression of interest and nomination forms of the All Progressives Congress (APC) to participate in
FUTA VC: ASUU members divided over rejection of new Vice Chancellor
Members of the Academic Staff Union of Universities, (ASUU) of Federal University of Technology, Akure, (FUTA) are divided over the appointment of the first female Vice-Chancellor of the institution, Prof. Adenike Temidayo Oladiji. Recall that some concerned members of the union recently kicked against the appointment of Oladiji, but
Yomi Fabiyi and wife storm church after marital crisis for damage control
Actor Yomi Fabiyi’s new wife is working really hard at changing the narration of their marital crisis after she previously goofed and called him out on social media. It was recalled that on the 11th of May, 2022, Yomi Fabiyi’s new wife, Grace Jimoh Fabiyi dragged him on social