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Equities Market Rises by N70bn as BUA, MTNN Rally The Nigerian equities market gained more than N70 billion on the first trading session in the new week as the market price of BUA Cement plc, MTN Nigeria Plc share jumped.  The positive price movement in these two bellwethers pushed the Nigerian Exchange index higher by […]

NCS Targets N6trn Revenue in 2024 The Nigeria Customs Service (NCS) says it plans to generate N6 trillion as Internally Generated Revenue (IGR) for the Federal Government in 2024. The NCS Comptroller-General, Mr Adewale Adeniyi, stated this at the 2024 budget defense before the House of Representatives Committee on Appropriation on Monday in Abuja. Adeniyi […]

Gov. Bello Presents N258.2bn Kogi Budget for 2024 Gov. Yahaya Bello on Monday presented N258.2bn as Kogi state’s 2024 Appropriation Bill for approval by the state House of Assembly. The presentation was made at the renovated Assembly Complex. The budget is higher by N60.67bn, compared to N197.59bn Revised Approved Budget of 2023. It has N145.73 […]Read More

Company Tax for Q3 2023 Stands at N1.75trn – NBS Companies paid N1.75 trillion as taxes in the third quarter of 2023, the National Bureau of Statistics (NBS) declared in its Company Income Tax (CIT) Q3 2023 report released in Abuja on Monday. On a year-on-year basis, the CIT collections in the third quarter of […]

Nigerian Banks are Buoyant, CBN Assures The Central Bank of Nigeria (CBN), has assured the banking public that Nigerian banks are buoyant. The CBN said this in a statement issued by its Acting Director, Corporate Communications, Mrs Hakama Sidi Ali. Ali’s statement was informed by reports in sections of the Nigerian media that some Deposit […]

Yuletide: Bank Customers Appeal to CBN to Address Cash Crunch Some bank customers in the Federal Capital Territory (FCT), have appealed to the Central Bank of Nigeria (CBN) to urgently address cash crunch issues to ensure swell celebrations during the yuletide. Some of the customers who are also small business owners said this in Abuja […]

Nigeria Records N948.07bn VAT in Q3 2023 – NBS The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N948.07 billion in Q3 2023. This is according to the VAT Q3 2023 Report released in Abuja on Monday. The report shows a growth rate of 21.34 per cent on a […]

InDrive Launches $100million New Venture for Startups InDrive, a global mobility and urban services platform, has announced the launch of a new venture with the goal of investing up to 100 million dollars in promising startups. Andries Smit, Vice President, New Ventures, inDrive, on Monday in Lagos via a statement,  said investments would focus on […]

Shocking footage has emerged online of the president of Turkish club, Ankaragucu, attacking FIFA referee Halil Umut Meler after the hosts’ 1-1 draw against Caykur Rizespor. Faruk Koca punched the match official after the final whistle had gone, with a huge group of players and staff then swarming around the official. Olimpiu Morutan had opened […]

*Demands Fresh Polls in 27 Rivers Constituencies The Peoples Democratic Party (PDP), has demanded that the Independent National Electoral Commission (INEC) should immediately commence the process of conducting fresh elections into the 27 State Constituencies in Rivers State. This, the party said, was sequel to the vacancy created when “27 former (Rivers) state lawmakers” willfully […]

Members of the Kogi State House of Assembly will, on Monday, resume plenary at the renovated Assembly Complex in Lokoja, the state capital, following the completion of renovation work there, the Speaker, Rt. Hon. Umar Yusuf, said on Sunday. This development was confirmed through a telephone conversation with the Chief Press Secretary to the Speaker, […]

Super Eagles forward Victor Osimhen has won the 2023 CAF men’s player of the year award. The awards gala took place on Monday, December 11, at the Palais des Congrès, Movenpick, Marrakech, Morocco. Osimhen is first Nigerian player to be named African men’s player of the year in 24 years after Nwankwo Kanu claimed the […]