Emirates suspends all flights from Nigeria effective 1st September
Emirate Airlines has announced suspension of it's operation from Nigerian effective from September 1, 2022. According to the statement from Emirates Airlines, "Emirates has tried every avenue to address…
LIRS Partners Deloitte To Boost Transparency In Tax Administration With Whistle-Blower Initiative
L-R: Executive Chairman, Lagos Internal Revenue Service, LIRS; Mr Ayodele Subair, Lagos State Commissioner for Finance, Dr Rabiu Olowo, Partner, Deloitte and Touche; Dr Jania Okwechime, Partner, Deloitte and Touche,…
NCC Restates Commitment to Fund Research as VCs attend Roundtable
Chairman of the Board of the Nigerian Communications Commission (NCC), Prof. Adeolu Akande, has restated the commitment of the Commission to commit more funds to research and prototypes resulting from…
Half Year: Dangote Sugar posts N29:73 bn profit
Nigeria’s largest sugar refinery, Dangote Sugar Refinery Plc has recorded a profit before tax (PBT) of billion for the half year ended June 30, 2022. According to the refiner’s unaudited…
NAICOM mulls further liquidation of insurance companies over breaches
The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of moves to reposition the industry. The Deputy Commissioner, Technical, NAICOM, Mr.…
Telecom subscribers to pay 5% tax on call, text, data
The Federal Government has disclosed that telecommunications subscribers would pay a 5 per cent tax on call, SMS, and data services. Indications to this development were dropped during a Nigerian…
LIRS to Launche Whistle-Blower Initiative
Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair The Lagos State Internal Revenue Service (LIRS) is set to launch its Whistle-Blower initiative, a state-wide project, introduced…
LCFE, Heritage Bank, others unlock N445trn commodities ecosystem for economic industrialization …as Exchange goes live
Lagos Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a…
Kherson: Ukraine stepping up counter offensive to retake city – sources
Ukraine's campaign to retake the occupied Kherson region is "gathering pace," Western military sources say. A key bridge into the city of Kherson is now out of action after Ukrainian…
Senate summons CBN Governor over naira fall
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed session on the reasons…