• Nigeria Can Generate N10trn Tax Revenue, Says World Bank

    Nigeria has the potential to generate about N10trillion as tax revenue in the next three years, says World Bank. To this end, the bank admonished the federal government to focus more on revenue-yielding avenues to achieve substantial gains, while growing its tax-to-GDP ratio to about seven per cent. This, it ...

  • FG To Provide Incentives For Sports Academies

    Determined to encourage private investment in sports, Nigeria’s government has revealed to provide incentive and support to private sports academies. The minister of youth and sports development, Mr Sunday Dare, announced this when the former Super Eagles striker, Odion Jude Ighalo paid him a courtesy visit in his office at ...

  • Lagos Assembly To Criminalise Illegal Trading In Human Organs

    A bill for a law to regulate organ harvest and transplantation in Lagos State by residents has scaled second reading in the state’s House of Assembly. Clause 33 of the bill which spells out the offences and penalties for culprit provides that a person who removes the organ of another ...

  • OYA Media Takes Symposium Across Nigeria

    OYA Media has concluded arrangements to host a symposium series tagged ‘How to Fix Nigeria’ across the six geopolitical regions of Nigeria. This series which was first birthed in London in 2014 in partnership with the Royal African Society comes to Nigeria for its 6th edition. ‘How to Fix Nigeria’ ...

  • Nigeria: 'Twitter Ban Poses Huge Threat to Businesses, Investment'

    [This Day] Players in the marketing communications industry have expressed fear that the ban on Twitter may draw back businesses still wriggling out of the challenges posed by the COVID-19.

  • Ecobank Nigeria Promotes 26% Of Staff, Recruits New Employees

    Ecobank Nigeria has announced the promotion of 682 staff, representing 26 per cent of its core staff as it recruited the first batch of 60 new entry level trainees into its workforce despite the impact of the COVID-19 pandemic on business performance globally. This according to a statement signed by ...

  • Removal Of War Risk Insurance: Nigeria-bound Shippers Can Save $50bn Annually – Jamoh

    Nigerian-bound shippers can cut no less than an average of $50 billion off their annual shipping costs from the removal of war risk insurance thereby making the country’s import business much more competitive than it is currently. Director general of  Nigeria Maritime Administration and Safety Agency (NIMASA), Dr. Bashir Jamoh, ...

  • NCC Moves To Recoup Losses On Inbound International Calls

    The Nigerian Communications Commission (NCC) said a new international termination rate (ITR) for inbound international voice calls in the country would nip the losses suffered by Nigerian mobile network operators (MNOs) and save foreign exchange. ITR is the rate paid to local operators by international operators to terminate calls in ...

  • FG, 36 States Sued Over Judiciary Financial Autonomy

    The crisis over the implementation of financial autonomy for the judiciary has shifted to the court with a law suit against Revenue Mobilisation Allocation and Fiscal Commission(RMAFC) and the 36 states of the federation. The Judicial Staff Union of Nigeria (JUSUN) had embarked on a national strike leading to the ...

  • UniAbuja, ACCI Partner On Research, Development

    The University of Abuja has entered into a partnership with the Abuja Chamber of Commerce and Industry (ACCI) to enhance knowledge sharing, promote innovation and capacity building. The Memorandum of Understanding which was  signed recently in Abuja stated that the collaboration would be implemented through the University Business School, Internship ...

  • LAGFerry Moved 500,000 Passengers In I Year, Says Sanwo-Olu

    Lagos State governor, Mr. Babajide Sanwo-Olu on Tuesday said the state government’s comprehensive policy of integrated transport system for the state has paid off, saying the Lagos Ferry Services Company (LAGFerry) moved 500,000 passengers in one year. The governor who revealed this while commissioning seven new high capacity boats and ...

  • Air Peace’s Acquisition Of Brand New Aircraft Has Redefined Aviation – NCAA DG

    The director-general of Nigerian Civil Aviation Authority (NCAA), Capt. Musa Nuhu, has described the acquisition of a brand new aircraft by Air Peace as a milestone in Nigeria’s aviation industry. NCAA DG who noted that what is happening in the industry was a paradigm shift from happenings in the past, ...

  • President Buhari Raises 6-man Committee To Engage Twitter

    President Muhammadu Buhari has approved a federal government’s team to engage with Twitter over the recent suspension of the operations of the microblogging and social networking service in Nigeria. Buhari’s approval of the team was contained in a statement issued in Abuja yesterday by the minister of information and culture, ...

  • SWAN Decorates El-Rufai As Grand Patron

    Kaduna State chapter of the Sports Writers Association of Nigeria (SWAN) has decorated the state governor, Malam Nasir El-Rufai as its Grand Patron. In a special presentation of the Grand Patron’s muffler and plaque at the Kaduna State Government House, on Tuesday, the state chairman of association, Comrade Isaiah Benjamin, ...

  • Lagos Artisans Bear Brunt Of Land Use Allocation Neglect

    The protest staged recently by mechanics and other artisans over eviction from mechanic villages in Lagos State, has again exposed the grim nature of the state’s physical planning and land use allocation. Protest by automobile mechanics and technicians in Lagos, under the aegis of the Nigerian Automobile Technicians Association, over ...

  • Nigeria’s FDI Inflows Rise To $2.4bn

    Despite an 18 per cent decline in foreign direct investment (FDI) into West African countries in 2020, and the COVID-19 pandemic that plagued global economies, investments inflow into Nigeria was on the uptick as $2.4 billion FDIs were recorded last year compared to $2.3 billion recorded in 2019. This is ...

  • CBN Urged To Capture Agric Graduates In Anchor Borrowers Scheme

    National Committee of Heads of Colleges of Agriculture and Related Disciplines (NACHCARD) has urged the Central Bank of Nigeria (CBN) to capture graduates from agricultural institutions in its intervention programs. The association said the inclusion of graduates in the programs will accelerate food security and diversification of the economy. This ...

  • US Government Promises Increased 2-way Trade, Investment With Nigeria, Others

    The current administra￾tion of the United States of America has promised to in￾crease trade and investment ties with Nigeria and other African countries, working with African governments as partners in pursuing shared interests. The United States Deputy Assistant Secretary of State for African Affairs, Akunna Cook, made the remark at ...

  • Ghana Seeks Knowledge Of Nigeria’s Success Story In Oil, Gas Development

    Ghana has sought a closer collaboration with Nigeria in oil and gas development to help the country exploit its newly discovered energy resources. Ghana’s Minister for Energy, Dr Matthew Opoku Prempeh who made the call also expressed his commitment to strengthening the relationship between Ghana and Nigeria. He said Nigeria’s ...

  • EFCC To Go After Petroleum Smugglers

    Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa said smugglers of Premium Motor Spirit (PMS) in the country will face the full wrath of the law. Bawa issued this stern warning in a remark at a stakeholders’ engagement on high PMS evacuation, code named “Operation White 2“at ...

  • PCN To Conduct Electronic Registration For Pharmacies

    Pharmacists Council of Nigeria (PCN) said it has concluded arrangement to electronically register all sales outlets of pharmaceutical products, to check the influx of controlled, psychotropic and fake drugs into the Nigerian society. The spate of insecurity across Nigeria and other vices have been blamed on easy access to psychotropic ...