The federal government has said tax offenders stands to enjoy 29 per cent waiver on overdue taxes if they take advantage of the recently-launched Voluntary Asset and Income Declaration Scheme (VAIDS). Mr. Abiodun Aina, Special Adviser to the Chairman, Federal Inland Revenue Service (FIRS), made this known in an interview with the News Agency of […]
Business
DAAR Communications records N2.14bn operating loss
DAAR Communications Plc, has declared an operating loss of N2.139 billion in 2016, up from N1.515 billion in 2015. The Chairman of DAAR Group, Chief Raymond Dokpesi (Jr.) told shareholders at the weekend in Abuja at a combined 2015/2016 annual general meeting that the economic recession in the country pushed the company’s operating loss from […]
How Nigeria can save N3.6tn on importation
Minister of Science and Technology, Dr Ogbonnaya Onu has said that Nigeria can save as much as N3.6 trillion on importation within the next four years if the 13-year science, technology and innovation road-map is strictly adhered to. During his visit to the former National Chairman of the All Progressives Congress (APC), Bisi Akande in […]
Apapa Customs rakes in N165billion
The Apapa Customs Command has realised N165.7billion in the half year of 2017, which represents 49.06 percent collection on target for the year. This was made known through a document issued by the Public Relations Officers of the Command, Ijeoma Nwala. Nwala added that Apapa, which is the premier port has maintained its lead as […]
Trump campaign paid lawyer now representing son $50,000
Donald Trump’s campaign paid $50,000 to the law office now representing Donald Trump Jr. a little more than a week before news surfaced of an unreported meeting with a Russian attorney that has prompted new accusations of collusion. The payment to the Law Offices of Alan S. Futerfas, dated June 27, was disclosed in a […]
Reps step into metering issues
The House of Representatives Committee on Power recently engaged customers at the Kano Electricity Distribution Company, Kano on issues affecting quality of services to Nigerians. While commending the distribution company, customers experienced concerns about a handful of challenges from metering, unwarranted bills and erratic power supply. On billing, one of the customers noted that “people […]
NCAA begins regulation of drones system
The Nigerian Civil Aviation Authority (NCAA), says the agency will start regulating the use of Remotely Piloted Aircraft Systems (RPAS) popularly referred to as drones. Mr Dele Sesegbon, the Director of General Aviation, NCAA told our correspondent that the draft regulation which will cover both commercial and private operators was ready. He said the authority […]
Used tyres: SON takes fight to Nigerians
The Coordinator of Standard Organisation of Nigeria (SON) in Kwara, Mr. Sunday Yashim, says SON is determined to rid Nigeria of imported fairly used and expired tyres. Yashim reiterated the commitment Friday in Ilorin while speaking with newsmen after a raid on tyre shops where over 1, 000 units of tyre were confiscated. The raid […]
Uber shareholders discuss stock sale
Uber Technologies Inc’s shareholders and its board, led by venture capital firm Benchmark, have discussed selling some of their stock to Masayoshi Son’s SoftBank Group Corp (9984.T) and other potential investors, Bloomberg reported on Friday, citing people familiar with the matter. The deal could include investment of new money into the startup, Bloomberg reported, adding […]
Nigeria 9th most spammed country—Truecaller
Truecaller Insights Special Report on Friday rated Nigeria as the 9th most spammed country in the world. The Marketing Manager, Truecaller, Ms Lindsey Lamont made this known in the report obtained by the News Agency of Nigeria (NAN) in Lagos. Truecaller is an identification solution application company aimed at ensuring safety of mobile users. Lamont […]