Senior secondary school students in Nigeria have a few more days more to enter the UBA Foundation national essay competition, which closes November 13, 2015. UBA Foundation, which is the corporate social responsibility arm of United Bank for Africa (UBA) Plc, has announced that the closing date for the entries will not be extended. Ijeoma […]
Continue ReadingNkem Ndem A Businessman thrives on confidence and integrity; and the ultimate business traveler recognise the need to exude these characteristics in every destination as most times, the success of their endeavors depend on it. Not all business travelers are naturally endowed with this. Most groom the virtue over time by culturing their body […]
Continue ReadingInsurance companies numbering forty four have taken the Federal Inland Revenue Service, FIRS, to the Tax Appeal Tribunal to seek a refund of N1.1 billion excess stamp duties. The insurance companies said they were made to pay the excess stamp duties on their respective statements of increase in their share capitals. They pray the tribunal […]
Continue ReadingInformation released on the 31st of October shows that the Federal Government, State Governments and Local Government Councils have shared a total of N389,936 as Federal allocation for the month of September, 2015. A communiqué released by the Federation Accounts Allocation Committee (FAAC) indicated that the Gross Revenue of N321.996 billion received for the month […]
Continue ReadingMTN has agreed to pay the N1.04 trillion fine slammed on it last week by Nigerian Communications Commission (NCC). MTN was fined for violating the NCC’s directive on SIM deactivation. Series of meeting were held between MTN management team from South Africa and Nigeria with the Vice President, Prof. Yemi Osinbajo. It is perceived that […]
Continue ReadingThe Nigeria National Petroleum Corporation (NNPC), has recorded N38.67billion from the sale of downstream petroleum products in September. This is as contained in the NNPC’s report for September obtained by the News Agency of Nigeria (NAN) in Abuja on Sunday. It stated that the amount was in respect of revenue from “white products” sold by […]
Continue ReadingA former minister of Education, Oby Ezekwesili, has likened the current economic situation of Nigeria to that of 1982 during the regime of Shehu Shagari. In a speech in Lagos, the former minister stressed that the situation surrounding the economic, social and political sectors is perilous, saying that managing such situations would be really difficult […]
Continue ReadingThe Federal Airports Authority of Nigeria (FAAN) has decried the recent ranking of airports in the world, which rated the Port Harcourt International Airport as the worst airport in the world. In a statement issued on Tuesday in Lagos by Mr Yakubu Dati, FAAN’s General Manager, Corporate Affairs, FAAN said: “Our stand is that the […]
Continue ReadingSenator Shehu Sani, who represents Kaduna Central Senatorial zone, said that the proposed increase of tariff by electricity distribution companies would be rejected by Nigerians. The remark was made when the Senator donated a 300 KV transformer to Haying Dan Mani community in Kaduna. The Senator, who was represented by his Senior Special Adviser on […]
Continue ReadingNigeria’s Communications Commission (NCC), has issued mobile phone firm MTN Nigeria, a $5bn (£3.5bn) fine for failing to disconnect subscribers with unregistered Sim cards bought before January 2012. From that date anyone buying a SIM card in Nigeria has had to register it under their name by law. Phone companies were told to register their […]
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