PRESIDENT Muhammadu Buhari has asked the Senate to amend the Petroleum Industry Act (PIA) 2021. He made the request in a letter read by the Senate President, Ahmad Lawan, during plenary on Tuesday on the floor of the upper chamber…
THERE were questions yesterday over whether the Federal Government would share the Value Added Tax (VAT) for August to states. Rivers State has urged the Court of Appeal to order the appointment of a receiver/manager over VAT pending the determination…
JUSTICE S.S. Ogunsanya of the State High Court sitting in Ikeja, Lagos, on Tuesday, September 21, 2021, remanded one Madu Ozoemena, who is being prosecuted for an alleged $1,201,174 fraud, in prison. Ozoemena is being prosecuted by the Economic and…
THE Audio-Visual Rights Society of Nigeria (AVRS) has explained why it led several Nollywood stars to picket Raddison Blu in Ikeja GRA, Lagos. Several Nollywood stars and producers joined Mahmood Alli-Balogun to disrupt business activities at Raddison Blu in the…
ANAMBRA governorship candidate of the Young Progressives Party (YPP) Senator Ifeanyi Ubah has vowed he will quit the November 6 election if anyone finds out the owes any bank in the country He said he has prepared well for the…
INUWA Yahaya, governor of Gombe state, says the move by governments of Lagos and Rivers to collect value-added tax (VAT) is a wake-up call for the state. Yahaya said this when he received All Progressives Congress (APC) stakeholders from Gombe…
THE Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele has said the apex bank is ready to approve legitimate foreign exchange (FX) demand that exceeds the approved transaction cap if such applications meet stipulated requirements. The CBN…
THE Economic and Financial Crimes Commission EFCC, Uyo Zonal Command on Friday 17 September, 2021 secured the conviction of 17 Internet fraudsters before Justice Stephen Daylop Pam of the Federal High Court sitting in Port Harcourt, Rivers State. The convicts are: Valentine Moses Ukong, Ebuka Kelvin Uzokwe, Onedo…
NIGERIANS have called for the sack of Godwin Emefiele, Governor of the Central Bank of Nigeria, CBN over the depreciating value of the naira against the dollar. Deji Adeyanju, popular human rights activist, said on micro blogging site, Twitter, saying…
THE Nigerian National Petroleum Corporation (NNPC) says it recorded a total crude oil and gas export sales of $219.75m in May 2021, representing 180.29% increase on sales from the previous month of April 2021. This is contained in the May…
