Nigeria is in a state of self-inflicted political inertia with serious consequences for its continued survival as a nation-state.
Inertia, as a scientific term, is the resistance of any physical object to any change in its position and state of motion, including changes to …
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Governor David Umahi of Ebonyi State yesterday disclosed that his administration has uncovered illegal heavy taxation in the state and has decided to put an end to it. He said some persons have been arrested for the act....
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Nigeria Ethnic Nationalities Youth Presidents, NENYP, has disagreed with some Igbo leaders who said Ndigbo are not interested in producing a president in 2023 but more interested in seeing the country restructured....
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A cursory look at trends in the financial statements of Staco Insurance Plc over the past four years may explain why Sakiru Oyefeso, the Chief Executive Officer (CEO) of the firm was fired by the Board of directors of the company.
The firm last …
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Thirteen insurance companies are qualified to operate in the Tier 1 category as their capital bases exceed the regulatory limits set by the National Insurance Commission of Nigeria (NAICOM).
Experts are of the view that the introduction of the new rules will enable firms …
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The seventy two billion naira worth of contract for the reconstruction of the Apapa Oshodi expressway in Lagos which has continued to witness high trucks and container traffic within the metropolis is to be funded by future taxes paid by the Dangote group according …
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A bilateral double taxation agreement between Nigeria and Singapore generally is to take effect Jan. 1, 2019, although in Singapore, provisions regarding income taxes other than withholding taxes are to take effect Jan. 1, 2020.
The treaty, also known as a DTA, is to …
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Millions of residents of Lagos looking to ride in the unfolding Lagos Blue Line rail system have additional four more years to see their dream come true, if at all.
This is because the Lagos State Government is now considering 2022 as the new …
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The upswing in crude oil prices in the global market may have triggered sharp rise in pirates’ attacks on crude oil tankers in the Gulf of Guinea.
As at yesterday, Bonny light was $73, Brent crude was $72.50. This …
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An eight-man robbery gang that has been terrorizing residents of Royal Garden Estate in Ajah area of Lagos State met its waterloo, following the arrest of the suspects by operatives of the Federal Anti-Robbery Squad, (FSARS) attached to the Lagos State …
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The pervasive electronic banking fraud in the banking sector is leaving in its wake losses and crisis of confidence in the financial industry, according to investigation by Nigeria CommunicationsWeek.
In fact, some of the most significant risks to banks are self-serving …
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The Nigerian Civil Aviation Authority (NCAA) on Tuesady launched investigation into the recent security breach and invasion of restricted area at the Sultan Abubakar Sadiq III Airport, Sokoto.
The apex regulatory body, in lieu of the applicable …
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No fewer than 10 persons including a policeman were yesterday evening feared killed in a failed attempt by armed robbers to road two banks after they invaded Igarra, headquarters of Akoko-Edo local government area of Edo State.....
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Professor Tam David-West was a member of the 1979 constitution drafting committee and minister of petroleum and energy in Major- General Muhammadu Buhari’s military regime (1984–1985).
He told KELVIN EBIRI in Port Harcourt that those saying President Buhari is undefeatable …
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Can states’ accounts be investigated and frozen for having funds suspected to be proceeds of fraud? If that were the case, can the Federal Government suffer same fate?
These are the questions that have been thrown up following the recent …
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A group under the aegis of Final Yes Social Political Group has accused the senator representing Edo North senatorial district in the National Assembly, Francis Alimikhena of working against the interest of the All Progressives Congress (APC) by allegedly aligning with the Senate President, …...
A chieftain of the All Progressives Congress (APC) in Ekiti State, Mr. Akinluyi Kolawole, has declared that he was confident that the governor-elect in the state, Dr Kayode Fayemi will survive the judicial onslaught against him by the Peoples Democratic Party(PDP) on the outcome …
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The Indigenous People of Biafra (IPOB) has opted out of its initial peace talks with the leadership of the pan-Igbo socio-cultural organisation, Ohaneze Ndigbo.
The group said it has discovered that Ohaneze planned to use the peace meeting to lure it into endorsing a vice …
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Professor Umar Danbatta, executive vice chairman, Nigerian Communications Commission (NCC) has disclosed that MTN Nigeria up-to-date has paid 60 per cent of the fine placed on it by the Commission for use of unregistered simcards on its network.
Danbatta who stated this in an interview with...
Acting President Yemi Osinbajo will be in Lagos friday as part of his efforts to settle the dispute threatening the ongoing integration of the $3.3 billion Floating Production Storage Offloading (FPSO) unit constructed for the $16 billion Egina Deepwater …
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