The Federal Inland Revenue Service (FIRS) says it will start collecting taxes on income derived by companies from bonds and short-term securities. A bond is a fixed-income instrument (loan) made by an investor to a borrower (typically corporate or government). In 2012, the federal government had exempted bonds and short-term government securities from income tax…
The Maize Association of Nigeria (MAAN) says it was erecting a maize pyramid in Kaduna state, as part of its loan repayment under the Anchor Borrowers Programme (ABP).The maize, which was sourced from across the country was the second pyramid erected by the association since the commencement of the ABP in 2015.Speaking with journalists in…
The Kwara Government has advocated economic diversification with increased support for entrepreneurs, SMEs and private institutions creating jobs and giving back to the society.Gov. AbdulRahman AbdulRazaq made this appeal on Wednesday at the official launch of the Lotus Bank, Ilorin branch.Represented by His Deputy, Mr Kayode Alabi, the governor described the decision to site the…
Stakeholders in the media have called for a change in the role of the media to address the systemic weakness in the coverage of insurgency and encourage peace building in the country. The stakeholders made this known in Abuja on Wednesday at a one-day workshop on Reframing Media Studies of Crime, Insurgencies and Counter Terrorism…
The Lagos State Government says it will be diverting traffic along Inner Marina to Outer Marina by Oando Filling Station from 5.00 a.m. till 6.00 p.m. on Friday due to the Burial Service of the Late former Head of Interim Government, Chief Ernest Shonekan.The state Commissioner for Transportation, Dr Frederic Oladeinde, made the disclosure in…
Nigeria has called for greater collaboration among Africans to effectively confront challenges such as climate change, public health, local vaccine production, among others. Laolu Akande, Senior Special Assistant to the President on Media and Publicity, Office of the Vice President, in a statement, said that President Muhammadu Buhari made the call on Wednesday in Abuja….
Vice President Yemi Osinbajo will depart Abuja this morning for Accra, Ghana, to represent Nigeria at an Extraordinary Summit of the ECOWAS Authority of Heads of State and Government deliberating on the political situation in Burkina Faso, Mali and Guinea. The meeting, which is coming as part of the resolutions reached at last week’s virtual…
Seafarers and Project crew are currently missing as a result of an explosion that occurred onboard a Floating Production Storage and Offloading (FPSO) unit belonging to Shebah Exploration and Production Company Limited (SEPCOL) located in Escravos area of Delta State. An unconfirmed report has it that a yet to be ascertained number of workers also…
President Muhammadu Buhari Tuesday spoke to President Umaro Embalo of Guinea-Bissau shortly after the latter survived a coup attempt. Buhari, in a statement Wednesday by his spokesman, Garba Shehu, congratulated Embalo on surviving the coup attempt and commended the loyal troops in Guinea Bissau for showing patriotism leading to their “spectacular victory over the disloyal…
The Deputy Governor of Ogun State, Engr Noimot Salako-Oyedele, has challenged engineers to be change agents who must be constantly abreast of the evolving trends in the profession with peculiarity to an ever changing world. Salako-Oyedele gave the charge at the investiture of the 3rd chapter chairman and inauguration of 2021/2022 executives alongside induction of new…
