Gunmen Abduct Three Chinese Workers, Kill Two Staffs At Hydropower Dam In Niger State

Some unknown gunmen have abducted three Chinese workers while also killing two locals staffs in at a hydropower dam project in Zungeru in the Wushishi Local Government Area of Niger State. This was confirmed in a statement made available by the  police spokesperson in Niger state, Wasiu Abiodun, on Thursday. According to him, workers on…

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Buhari Appointed Salami to Heap Failures on Him – PDP

The People’s Democratic Party (PDP) has berated President Buhari’s recent appointment of Dr. Doyin Salami as the new Chief Economic Adviser, labelling the move as a strategic means to transfer the consequences of the woeful APC government to the economist. Dr. Doyin Salami, an internationally acclaimed economist with about 12 years of experience in national…

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Domestic Companies Increase Nigerian Stock Market with ₦450 billion Gain

The Nigerian Stock market closed on a bright spot with an enormous gain of ₦450billion yesterday. The upturn in the equity market was realised from gains recorded from the domestic companies of large and medium capitalised stocks, amongst which are; Airtel Africa, Oando, Seplat Energy, Ardova, and Nigerian Exchange Group (NGXGroup). The All-Share Index (ASI),…

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Senate Investigates BPE’s Unremitted Annual Income of $679.4m

The Senate Public Accounts Committee (SPAC) has started probing the Bureau of Public Enterprises  on why they have failed to remit the sum of $679.4million  realised from the concession of various ports to the 23 companies under the Nigerian Ports Authority (NPA) for 10years. The Chairman of the Committee, Matthew Urhoghide centered his investigation to…

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Unremitted Taxes Worth N5.8 billion Due from 12 MDAs – Auditor General’s Report

Office of the Auditor-General for the Federation, OAuGF, has disclosed that about 12 Ministries, Departments and Agencies of government (MDAs) has refused to remit N5.8 billion worth of taxes. The MDAs concerned are: Nigerian Civil Aviation Authority, Federal College of Freshwater Fisheries Technology, Nigerian Correctional Service, House of Representatives, National Assembly Service Commission, the Senate,…

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