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The Nigeria Customs Service (NCS) generated the sum of N2.240 trillion in 2021. The sum, according to the Public Relations Officer (PRO) of the Agency, Joseph Attah, exceeded the target of N1. 678 trillion, set for the year by a margin of 33.49% He added in a statement that 2021’s collection was also about 43.45%…
President Muhammadu Buhari has reiterated Nigeria’s commitment to work with Mali within the requirements of the Economic Community of West African States(ECOWAS). Buhari disclosed this on Thursday, when he received a Special Envoy from Col. Assimi Goita, the transitional president of Mali. The team led by Col. Abdoulaye, Mali’s minister of territorial administration and decentralization,…
The Ekiti State University (EKSU) Ado-Ekiti, has inducted another set of 32 doctors into the medical profession for the 2020/2021 academic session from the institution’s college of medicine. While addressing the audience at the event, the registrar of the Medical and Dental Council of Nigeria(MDCN), Dr Tajudeen Sanusi, congratulated the new inductees for the successful…
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…
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…
The Minister of Finance, Budget and National Planning Zainab Ahmed stated in a public presentation on Wednesday 5th January, 2022 that there is no provision made for subsidy for the months of July to December 2022. The Federal Government in a bit to conform with the provisions in the Petroleum Industry Act, which states that…
A committee soliciting support for former Vice President Atiku Abubakar has disclosed that Stakeholders of the Peoples Democratic Party (PDP) in 24 states have endorsed him for President in the 2023 elections. Leader of the Technical Committee for Atiku, Chief Raymond Dokpesi, spoke during a visit of his committee to Yola, the Adamawa State capital….
A new excise duty has been introduced by the Federal Government on all carbonated and sweetened beverages commercially available in Nigeria. The new development places a N10 tax on every litre of carbonated, sweetened, and non-alcoholic drinks sold in the country. Excise duty is a kind of tax levied on the manufacturing, licensing, and sale…
The Economic and Financial Crimes Commission, EFCC in an official statement released on Thursday morning has revealed that it secured a total of 2,220 (Two Thousand, Two Hundred and Twenty) convictions across all its Commands in 2021. The figure which emerged from a review of the Commission’s performance in the outgone year, shows that the…
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),…
