The World Bank has said the number of Nigerians living in extreme poverty may increase by more than 30 million by 2030 and the country will be home to 25 per cent of the world’s destitute people if the government fails to revive economic growth and create jobs. It warned that the country could slide […]
Month: December 2019
NUC Exposes 100 fake professors Across Nigerian varsities
The National Universities Commission has said it has uncovered about 100 fake professors across Nigerian universities. The NUC Executive Secretary, Prof Abubakar Rasheed, stated this in the November edition of the commission’s bulletin, obtained by our correspondent. The ES noted that the commission published the details of the fake professors on its website and also […]
Border Closure: Nigeria’s fuel consumption drops 30% says Buhari
Two months into the closure of Nigeria’s land border to curb smuggling activities, especially rice, President Muhammadu Buhari’s administration is betting on the same measure to rekindle the agriculture sector. The government’s directive will save the country billions of naira on import bills. Receiving a delegation of Katsina State Elders Forum at his country home […]
Court orders Saraki’s Ilorin houses forfeited to FG
The Economic and Financial Crimes Commission on Monday secured an order of the Federal High Court in Lagos for the forfeiture of two houses in Ilorin, Kwara State belonging to a former Senate President, Bukola Saraki. The EFCC told the court it uncovered monumental fraud perpetrated in the treasury of the Kwara State Government between […]
Bank customers to present tax card from next month
Evidence of tax payment will be a condition for operating a bank account from January, according to the financial bill passed by the National Assembly. The Bill, submitted to the lawmakers with Budget 2020 by President Muhammadu Buhari, is designed to improve financial operations of the country and streamline the tax regime. It is expected […]
Onyema indictment: Northern youths Plans peaceful march to US embassy
Northern youths have revealed plans to mobilize its members across the Northern States for the peaceful rally at the US embassy over the alleged US$20million indictment of Chairman and Chief Executive Officer of Air Peace, Barr. Allen Onyema by United States Department of Justice raising concern and suspicion over the alleged indictment and questioning the […]
CAF: Pyramid FC of Egypt humble Rangers 3-1 in Enugu
Rangers International Football Club of Enugu on Sunday lost 1-3 to Pyramid Football Club of Egypt in the ongoing Confederation of African Football (CAF) group stage match. Rangers took the lead in the 28th minute from Ibrahim Olawoyin but had Tope Olusesi red-card before the interval. Rangers’ goal lasted after the interval till Mohammed Salama […]
Nigeria earned N275bn from VAT in Q3 —NBS
The country earned a total of N275.12 billion from Value Added Tax in the third quarter of this year, figures released by the National Bureau of Statistics have revealed. The NBS in its VAT report which was released on Monday said the N275.12 billion earnings represents a decline of N36.82 billion when compared with the […]
Shehu Sani advises Lawmakers to reject Social Media, Hate Speech bills
Senator Shehu Sani has asked his former colleagues at the National Assembly to do away with the controversial Social Media and Hate Speech bills before them. Sani, who represented the Kaduna Central at the Senate in the 8th National Assembly stated this during a summit organised by House of Justice on Saturday in Kaduna. He […]
Air Peace Boss Allen Onyema’s passport seized over $44.9m wire deals
The Economic and Financial Crimes Commission (EFCC) has seized the passports of airline magnate Mr. Allen Onyema pending investigation into his indictment for alleged $44.9 million wire deals and money laundering in the United States (US). His movement has also been temporarily restricted until the outcome of the probe, The Nation learnt on Saturday. Onyema […]