AfDB to Nigeria: “formulate sustainable strategies to promote agro-industrialisation”

The African Development Bank (AfDB) has advised Nigeria to formulate appropriate and sustainable strategies to promote agro-industrialisation to foster domestic and export competitiveness in the agro-business industry. The statement by the bank’s Communication and External Relations Department, reported Prof. Banji Oyelaran-Oyeyinka, Senior Special Advisor on Industrialisation to AfDB President to have given the advice at […]

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We arrested 28 FBI list, recovered N486m; caught over 200 internet fraudsters – EFCC

Acting on insight of the online scam being investigated by the Federal Bureau of Investigation (FBI), the Economic and Financial Crimes Commission (EFCC) says it arrested 28 persons and recovered N486 million. Ibrahim Magu, chairman of the EFCC, while speaking at a press conference in Lagos on Tuesday, said collaboration between the commission and the […]

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GET READY! You will start paying VAT on online transactions from January 2020

The Federal Inland Revenue Service (FIRS) says it will impose value-added tax (VAT) on online transactions, both domestic and international, with effective from January 2020. This disclosure was made on Monday by FIRS executive chairman, Babatunde Fowler, at the African Tax Administration Forum (ATAF) technical workshop that held in Abuja. Mr. Fowler said a lot […]

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FBI Fraud Probe: Indicted Nigerians should surrender or risk being extradited – FG

The Chairman/CEO of the commission, NIDCOM, Mrs Abike Dabiri-Erewa has advised Nigerians indicted in conspiracy to steal millions of dollars through various fraudulent schemes in the United States to turn themselves in to the authorities for trial or risk being extradited. Her comments are coming after the U.S. on Friday announced the arrest and prosecution […]

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“Sabotage by security agents is the reason insurgency would not end in Nigeria” – Police

The public relations officer for zone 2 police command, Dolapo Badmus, has described sabotage as the primary reason insurgency would not end in Nigeria. Badmus said this on Thursday while reacting to the killing of three policemen and a civilian by soldiers in Taraba state. The soldiers had attacked operatives of the intelligence response team […]

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