In what may be termed the first soothing news of 2020, the Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, on Monday reiterated Federal Government’s plan to lift 100 million Nigerians out of poverty this year, in line with a pledge earlier made by President Muhammadu Buhari...
The Central Bank of Nigeria on Monday released the Nigerian Payments System Risk and Information Security Management Framework to guide the management of risks associated with the payments system in Nigeria.
The framework which had already been approved by the apex bank became imperative in order to identify and address...
The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax.
Currently, all companies are expected to pay the Federal Government 30 per cent of their profit as Companies Income Tax.
However, the Minister of Finance, Budget...
The Okanlomo of Ibadan land, Senator Rilwan Adesoji Akanbi has said that he is deeply saddened by the recent inferno that gutted the Akesan market in the ancient town of Oyo in Oyo State.
The fire, which started around 12:30 a.m on Sunday morning, destroyed goods worth several millions of naira...
The Chief of Army Staff (COAS), Lt.-Gen. Tukur Buratai, has inspected some completed and ongoing projects at 3 Division, Nigerian Army, Rukuba, near Jos.
Maj. Ikechukwu Eze, the Acting Deputy Director, Army Public Relations, who disclosed this in a statement on Monday in Jos, said that the inspection took place...
Through the implementation of various public sector financial management reforms, over N700bn had been saved by the Federal Government.
In addition to the N700bn savings, about N300bn had been recovered by the anti-graft agencies of government through the collaborative efforts of the Ministry of Finance, Budget and National Planning.
The outgoing...
A cleric, Pastor Tunde Bakare, has urged Nigerians to stop celebrating enemies of the country.
Bakare made the appeal during the first Sunday Thanksgiving Service of the year at the Citadel, also known as the Latter Rain Church in Ikeja.
According to the cleric, this is a decade of a new...
Power distribution companies on Monday declared that the new electricity tariffs shall become enforceable from April 1.
Speaking through their umbrella body, Association of Nigerian Electricity Distributors, the Discos explained that the new tariffs ordered by the Nigerian Electricity Regulatory Commission would cater for revenue shortfalls in the sector.
In a...
Lagos State Governor, Babajide Sanwo-Olu, said on Sunday the year 2020 would be a turning point for greater things in the state.
The governor stated this during the Year 2020 Annual Thanksgiving Service organised by the Lagos State Government, with the theme: ”Offering Thanksgiving Glories to God.”
He said his administration...
The Edo State Governor Godwin Obaseki has said his administration will commit N6 billion for the execution of development programmes across the 24 constituencies in Edo State.
The governor, in a statement, reassured that the projects to be executed in partnership with members of the State House of Assembly will...
