Court Orders Finance And Sports Ministries To Pay Journalist N2 Million For Wrongful Denial Of Information

A Federal High Court in Abuja has ruled that the refusal of the Federal Ministry of Finance and the Federal Ministry of Youth and Sports Development to provide an Abuja-based journalist, Ms Godsgift Onyedinefu, with the information she requested in 2019 on the cost of Nigeria’s participation in the 2018 World Cup amounted an unlawful…

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National Endowment for Democracy Names Maju Varghese as COO

National Endowment for Democracy Names Maju Varghese as The National Endowment for Democracy (NED) has named Maju Varghese as its new chief operating officer (COO). Mr. Varghese most recently served as deputy assistant to the president and director of the White House Military Office, overseeing nearly 3,000 military and civilian personnel who ensure essential services for the daily and…

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FG Uncovers 96 Terrorist Sponsors, Arrests 45 Suspects

The Federal Government on Thursday announced that it has uncovered 96 financiers of terrorism, including 424 associates/supporters of the financiers. This was made known by the Minister of Information and Culture, Lai Mohammed, during a briefing on the anti-corruption fight by the Buhari-led administration. Mohammed noted that the Nigerian Financial Intelligence Unit unmasked 123 companies and 33…

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FIRS Resumes Collection Of Income Tax On Bonds, Short-Term Securities

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…

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