Nigerian President Muhammadu Buhari promised on Monday that the government would bring police officers responsible for misconduct to justice, after nearly a week of sustained protests against police brutality that were met by a harsh response. Police opened fire with live ammunition on Monday against anti-police demonstrators in the Surulere district of Lagos, marchers said. Read More…
Day: 12 October 2020
FG extends suspension of new electricity tariff by 1 week
The Federal Government has extended the suspension of the new electricity tariff by one week. Prof. James Momoh, Chairman, Nigeria Electricity Regulatory Commission (NERC) said this when the ad hoc Technical Committee on Electricity Tariff submitted its interim report at a reconvene bilateral meeting between Federal Government and Organised Labour on Monday in Abuja. The Read More…
RMAFC recovers N474m unremitted excise duty from Guinness
The Revenue Mobilisation Allocation and Fiscal Commission (RMAFC) has recovered and paid into the Federation Account more than N474 million from Guinness Nigeria Plc unremitted excise duty. The Public Relations Officer of RMAFC, Mr Christian Nwachukwu made the disclosure in a statement on Monday in Abuja. According to the statement, the commission’s Chairman, Mr Elias Read More…
CAMA 2020 expected to reduce regulatory burden on MSMEs – CAC Registrar
Alhaji Garba Abubakar, the Registrar-General, Corporate Affairs Commission (CAC), says the Companies and Allied Matters Act, 2020 (CAMA 2020) will reduce the burden of starting and running small businesses in Nigeria. Abubakar made this known in an interview with the News Agency of Nigeria (NAN) on Monday in Abuja. He said that the provisions of Read More…
Nigeria’s police disbands controversial anti-robbery Squad after protests
Concerned citizen raises doubts on IG’s announcement Nigerian Inspector-General of Police (IG) dissolved its Special Anti-Robbery Squad with immediate effect on Sunday, prompted by days of protests across the country against alleged brutality by the controversial unit. The protests broke out after a video circulated last week allegedly showing members of the unit – known Read More…
Lakers return to glory, claim record-tying 17th NBA title
The Los Angeles Lakers captured a record-tying 17th NBA Championship on Sunday with a 106-93 victory over the Miami Heat that sealed the best-of-seven title series 4-2, restoring the storied franchise to the top of the basketball world. The Lakers’ victory tied them with the Boston Celtics for most NBA championships and capped an unprecedented Read More…
Collapsed building claims 7 lives in Lagos
The Director General, Lagos State Emergency Management Agency (LASEMA), Dr Olufemi Oke-Osanyintolu, has confirmed that seven people died in a collapsed building in Lagos on Sunday. Oke-Osanyintolu made the confirmation as the LASEMA Response Team tried to clear the debris of the building. He said that the uncompleted building, at 60 Odo Street, Obalende, Eti-Osa Read More…
Nigerian cleric bags Queen Elizabeth II BEM award for humanitarian services
A Nigerian Cleric, Prophetess Teleola Oganla, has bagged the British Empire Medal (BEM) from Queen Elizabeth II for her humanitarian and community services to the less-privileged. A statement by Oganla’s Media Aide, Ms Deola Joe, said the cleric was recognised for her years of dedication towards uplifting the less-privileged, especially in the UK and Africa. Read More…
LCCI calls for urgent reform of Nigeria Customs Service
The Lagos Chamber of Commerce and Industry (LCCI) has called for urgent reform of the Nigeria Customs Service (NCS) to complement government and private sector’s efforts at economic recovery. Dr Muda Yusuf, the Director-General of LCCI made the call in a statement to newsmen on Sunday in Lagos. Yusuf said the NCS procedures and processes Read More…
CBN directs banks to comply with SWIFT universal payment confirmations
The Central Bank of Nigeria (CBN), has directed all banks operating in the country to always observe strict compliance with SWIFT Universal Confirmation Requirements. The directive was outlined in a circular issued by Mr Sam Okojere, CBN’s Director, Banking Services Department. Okojere directed all SWIFT customers to provide information on the outcome of all their Read More…