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Everest Amaefule, Abuja The Federal Government and its agencies have continued to defy the ruling of the Court of Appeal that the deduction of stamp duty on bank deposits is illegal. Investigation by our correspondent showed that the Technical Committee on Stamp Duty had advised the Central Bank of Nigeria ...

Okechukwu Nnodim, Abuja Forte Oil, MRS Oil, British Petroleum Oil International, Glencore Energy Services Limited and 220 other foreign and local oil companies on Thursday in Abuja submitted bids for the sale and purchase of Nigeria’s crude oil grades. This is coming as the Nigerian National Petroleum Corporation stated that ...

Sesan Olufowobi The Lagos State Government has said it will resolve permanently the dispute in the Lekki Free Trade Zone with a committee to resettle displaced residents that has been put in place. There had been recurring disturbances in the zone, which led to the killing of the pioneer Managing ...

Sesan Olufowobi The Lagos State Government says it will use Information and Communications Technology to drive Foreign Direct Investments into the state. The government in a statement on Thursday told participants at a three-day workshop in the Badagry area, organised by the Office of Overseas Affairs and Investment (Lagos Global), ...

Anna Okon The Lagos State Governor, Mr. Akinwunmi Ambode, has commended Nigerian Breweries Plc for its commitment to the economic prosperity of the state and the nation. Ambode, who was on a courtesy visit to the company, charged its management to remain focused on excellent business practices and outstanding corporate ...

Anna Okon A fishing company, Atlantic Shrimpers Limited, has inaugurated a 160-hectares shrimp farm in Lagos. A statement from the firm indicated that the farm, the first of its kind in sub-Saharan Africa, would hatch, nurture and process shrimps that would serve both local and export markets. The statement quoted ...

Punch Editorial Board The ongoing attempt by the Nigerian Law Reform Commission to criminalise the possession of foreign currency is retrogressive and ill-conceived. In seeking to help the government tackle the acute forex crisis, the agency’s intervention may well serve to compound a worsening conundrum. A country in deep economic ...

Ifeanyi Onuba, Abuja Officials of the Ministry of Finance and the Budget Office of the Federation will today (Friday) meet over the clash in some of their functions, investigations have revealed. President Muhammadu Buhari had in November last year created the Ministry of Budget and Planning from the Finance ministry. ...

La chambre du conseil de Bruges a estimé jeudi matin que le dossier de l'assassinat de Stijn Saelens devait être traité devant une cour d'assises et a renvoyé quatre suspects devant la chambre des mises en accusation de Gand.

Group managing director of Nigerian National Petroleum Corporation, NNPC, Dr. Maikanti Baru, yesterday disclosed that 224 bids were received from companies seeking crude oil lifting contract with Nigerian government. The NNPC boss who disclosed this during the opening ceremony of the 2016/2017 NNPC Crude Term Contract Tender, held at the ...