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January 23, 2021
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Month: July 2020

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Missing Crude Oil: NNPC Says Samano is a Scam

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PRESS RELEASE FAILED ATTEMPT BY AN INTERNATIONAL CRIME SYNDICATE TO INTIMIDATE, EXTORT AND DEFRAUD THE NIGERIAN NATIONAL PETROLEUM CORPORATION AND THE FEDERAL GOVERNMENT OF NIGERIA We act as Counsel to the Nigerian National Petroleum Corporation. The attention of the Nigerian National Petroleum Corporation (NNPC) has been drawn to several online publications, particularly Continue Reading
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Eid-el-Kabir : NEPZA MD Felicitates with Muslims

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The Managing Director of Nigeria Export Processing Zones Authority (NEPZA), Professor Adesoji Adesugba has felicitated with muslims nationwide, describing the festival as “a call for re-dedication to the service of the nation, humanity and God. In a message issued on Thursday, Professor Adesugba said the significance of the period should deepen national committment Continue Reading
Business News Top Stories

Sallah: #FIRS Felicitates with Muslims, Extends Filing Deadline for Taxpayers

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As the Muslim world celebrates the Eid-el-Kabir today, the Federal Inland Revenue Service (FIRS) has joined the rest of the country to felicitate with Muslims nationwide. In the spirit of the festivities and further to earlier palliative measures rolled out by the Service in support of the Nigerian taxpayers against the backdrop of the COVID-19 […]Continue Reading
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#NAPTIP Names Capt. Hosa Okunbo as Anti-Human Trafficking Hero, Commends his Partnership

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 The National Agency for the Prohibition of Trafficking in Persons (NAPTIP) has singled out Benin-born billionaire businessman, Captain Hosa Okunbo, for recognition as its anti-human trafficking hero on the occasion of the 2020 World Day Against Human Trafficking. In a citation uploaded in the Agency’s website and social media handles, NAPTIP said that Capt. Okunbo […]Continue Reading
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NEPAD Webinar: Participants Advocate Accelerated Actions on African High Speed Rail Project

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Participants at the webinar on the African High Speed Railway Project yesterday called on African Union and leaders of the continent to fast track implementation of the high speed rail to support the ongoing continental free trade zone. The webinar moderated by Mr Olawale Rasheed of the African Railway Roundtable And facilitated by the Project […]Continue Reading
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#NEPZA, #Farmcrowdy Plan Agricultural Special Economic Zone

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The Nigeria Export Processing Zones Authority and , Nigeria’s first Digital Agriculture Platform, Farmcrowdy are discussing options for the establishment of an Agriculture Special Economic Zone for Nigeria. Farmcrowdy boss, Onyeka Akuma had visited the Managing Director of Nigeria Export Processing Zones Authority (NEPZA) to present the company’s plans of adding value Continue Reading
Business News Top Stories

#Siemens Power Contract: FEC Approves N8.6bn Counterpart Funding

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The Federal Executive Council has ratified President Muhammadu Buhari’s anticipatory approval for the release of N6,940,081,465.20 offshore and N1.708 billion onshore, sum total of N8,648,081,465.20 for Siemens Power Project. The approved money is to serve as Nigeria’s counterpart funding for the power deal with Siemens AG, signed by the Nigerian and German governments Continue Reading
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No Likely $1.2b Liability in Azura Contract – Presidency

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    The Presidency in Nigeria has clarified issues in the Azura-Edo Independent Power Project, stating, among other things, that there is nowhere in the agreements that Nigeria is liable to pay $1.2billion. The Senate at its plenary last week said that Nigeria risked losing about $1.2 billion if the country defaults or revokes the agreement with […]Continue Reading
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#FIRS PUBLIC NOTICE: SENSITISATION OF FINANCIAL INSTITUTIONS ON COMPLIANCE WITH COMMON REPORTING STANDARD IN NIGERIA

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PUBLIC NOTICE Nigeria will start to exchange financial accounts information with treaty partners beginning from 2020. Relevant legislations had been enacted, installation of required ICT infrastructure is nearing completion and the reporting financial institutions are expected to file their first reports by 30th September 2020. Consequently, the Service has scheduled a Continue Reading