By Folasade Akpan Value Added Tax (VAT) increased by N41.7 billion to N496.39 billion in Quarter One of 2021 as against N454.69 billion generated in Quarter Four of 2020 and N324.58 billion generated in Q1 of 2020. The National Bureau of Statistics (NBS) published the figures in Abuja on Saturday in its Sectoral Distribution of […]
The Federal Government has begun profiling towards prosecution, well-placed Nigerians suspected of being financiers of terrorism in the country. Briefing journalists on Friday in Abuja, the Minister of Justice and Attorney General of the Federation, Abubakar Malami said the arrest of the suspects followed the recent convictions of some Nigerians on terrorism financing in the […]
Twitter has launched a new “tip jar” feature that lets people send money to others on the social network. The company says the feature is “an easy way to support the incredible voices that make up the conversation”. To begin with, only a select group of people can receive tips – a group Twitter said […]
By Chijioke Okoronkwo The presidency says portal for the 4th National Micro Small and Medium Enterprises (MSMEs) Award will open from May 10. Tola Johnson, Special Assistant to the President on Micro Small and Medium Enterprises (MSMEs), Office of the Vice President made this known on Friday in Abuja. Johnson, who is also the Coordinator, […]
By Abujah Racheal The National Association of Nigeria Nurses and Midwives (NANNM) has called on the Federal Government for a special salary for members to meet the Universal Health Coverage (UHC) goals. The association’s National President, Micheal Nnachi, made the call at the second day event to mark the 2021 International Nurses Week on Friday […]
by Sunday Bassey The Federal Government is to restart operations at the Aluminium Smelter Company of Nigeria(ALSCON) in Ikot Abasi, Akwa Ibom by the end of 2023. The Minister of State, Mines and Steel Development, Dr Uchechukwu Ogah, made this known when he paid a courtesy visit on Gov. Udom Emmanuel of Akwa Ibom in […]
Europe’s medicines watchdog said Friday it was checking whether Covid-19 vaccines made by Pfizer/BioNTech and Moderna could be linked to rare cases of blood clotting, but there was no indication so far. The European Medicines Agency last month linked two other EU-approved vaccines, one made by AstraZeneca and another by Johnson & Johnson, to rare but occasionally […]
Prices for international travel are set to rise this year due to pent-up demand and fewer aeroplanes in service, a travel boss has warned. Booking.com’s chief executive Glenn Fogel told the BBC that holiday “prices are already going up”. Many airlines have significantly reduced the number of flights they operate due to travel restrictions. However, […]
By Kadiri Abdulrahman The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank announced the extension on Wednesday through a memo by Saleh Jibrin, Director of Trade and Exchange Department, addressed to Deposit Money Banks (DMBs), International Money Transfer […]
By Edith Ike-Eboh Small and Medium Enterprise (SME) owners around the Port Harcourt Refining Company (PHRC) have expressed optimism that the rehabilitation of the refineries will enhance their businesses. Some of them who spoke to the News Agency of Nigeria (NAN) on Thursday in Eleme urged government to ensure it does the needful to sustain […]