The Federal Government generated N416.01 billion as Company Income Tax (CIT), the National Bureau of Statistics (NBS) says. The bureau said this in its “Company Income Tax by Sectors 2015 – Quarter Three (Q3 2020)’’ obtained from its website on Thursday in Abuja. It said that the amount was against N402.03 billion generated in Quarter Read More…
The Nigerian Stock Exchange (NSE) on Thursday sustained positive momentum with a growth of 0.10 per cent. Specifically, the All Share Index inched higher by 34.00 points or 0.10 per cent to close at 34,803.00 from 34,769.00 posted on Wednesday. Similarly, the market capitalisation which opened at N18.166 trillion rose by N18 billion or 0.10 Read More…
Pope Francis remembers soccer legend and fellow Argentine Diego Maradona with affection and is keeping him in his prayers, the Vatican said on Wednesday. Maradona, who died on Wednesday at his home in Argentina following a heart attack, met the pope several times at the Vatican after Francis was elected in 2013 as Latin America’s Read More…
OPEC and allies including Russia are leaning towards delaying next year’s planned increase in oil output to support the market during the second wave of COVID-19 and rising Libyan output, despite a rise in prices, three sources close to OPEC+ said. OPEC+ was due to raise output by 2 million barrels per day (bpd) in Read More…
Nigeria is ready to reopen its land borders to trade for the first time in more than a year after closing them to try to stamp out smuggling, the finance minister said on Wednesday. Finance Minister Zainab Ahmed said those involved had learned from the closure and worked together on joint border patrols. “We will Read More…
The Minster of Works and Housing, Mr Babatunde Fashola has directed Julius Berger, the contractor handling section one rehabilitation/reconstruction of the Lagos-Ibadan Expressway to speed up construction ahead of the Yuletide. Fashola while inspecting the highway on Saturday, told the Julius Berger team after taking their project presentations to hurry construction ahead of the Yuletide. Read More…
Maduka Okoye put up an impressive showing for Sparta Rotterdam as the Castle Lords brushed aside ADO Den Haag 6-0 in Sunday’s Eredivisie outing. Inspired by two goals each from Lennart Thy and Mario Engels, Henk Fraser’s men strolled past the visitors as they recorded their second win of the 2020-21 campaign. Abdou Harroui had Read More…
Museums and Monuments in some states across the country have continued to deteriorate due to paucity of funds and low visitor turn-out. A nationwide survey conducted by the News Agency of Nigeria (NAN), revealed that government funding for the sector had been on the decline, due to dwindling revenue generation occasioned by the outbreak of Read More…
A judicial panel investigating claims that Nigerian soldiers shot dead peaceful protesters in Lagos viewed videos on Saturday appearing to show people hurt or saying that they were being fired on, but an army general dismissed the footage. Brigadier General Ahmed Taiwo, who heads the army’s 81st Division in Lagos, also said soldiers had been Read More…
The Federal Government has agreed to pay the salaries of members of the Academic Staff Union of Universities (ASUU) using a different mode of payment other than the Integrated Payroll and Personnel Information System (IPPIS). Sen. Chris Ngige, Minister of Labour and Employment, said this while addressing newsmen at the end of a closed door Read More…