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Ban importation of foreign fabrics, Textile Industry tells FG

Zamfara Textile industry on Sunday urged the Federal Government to ban import of foreign fabrics to revive the nation’s ailing…

Coca-Cola buys 40% stake in Nigerian juice maker Chi

Coca-Cola has bought a 40 percent stake in Nigerian juice and snack producer Chi Ltd, it said on Saturday, as…

Customs Marine Command destroys 350 cartons of poultry products

The Western Command of the Nigeria Customs Service (NCS) in Lagos destroyed 350 cartons of poultry products valued at N1.1…

FIRS Director arrested for tax fraud

The Economic and Financial Crimes Commission, EFCC, has arrested Abumere Joseph Osagie, deputy director, regional tax office, Federal Inland Revenue…

Fidson, GB Pharma Holdings plan expansion in Nigeria

The leading and publicly traded Nigerian pharmaceutical company, Fidson Healthcare Plc, says it is addressing Nigeria’s pharmaceutical needs by entering…

Banks, hotels, schools sealed over tax evasion

The Anambra State Government in eastern Nigeria has sealed off at least 35 buildings in the industrial town of Nnewi…

KPMG, SIAO to audit NNPC, NIMASA, NPA, 78 other agencies

Audit firms, KPMG and SIAO will carry out forensic audit on 81 revenue generating agencies in Nigeria including NNPC, NIMASA,…

Airtel commissions retail outlet in National Assembly complex

As part of its commercial strategy to deepen its retail presence as well as deliver telecoms services to the doorsteps…

Buhari to make agriculture mainstay of Nigeria’s economy

The Chairman, Senate Committee on Agriculture, Senator Abdullahi Adamu, has expressed confidence that the President Muhammadu Buhari administration will reposition…

Ondo State, GTBank, Etisalat, others win Consumersng Awards

Ondo State, GTBank, Jumia, Etisalat are among 16 other corporate entities/governmental bodies listed as the 20 Consumer Brands of the…

Nigeria’s parliament orders tax payments from oil traders

(Reuters) – Nigeria’s parliament ordered three local oil traders to pay taxes it says they owe the country for crude…

Buhari rejects devaluation, says ‘I won’t kill the Naira’

President Muhammadu Buhari declared late Wednesday in Nairobi that he was yet to be convinced that Nigeria and its people…
Minister Abubakar Malami says President Buhari's administration has achieved significant success in its fight against corruption

FG fixes Feb. 2 for confab on financial fraud

The Federal Government will hold a stakeholders’ conference on Financial Fraud, Cyber Crime and Cross-border Crimes on February 2 and…

Court consents to Honeywell’s request for expedited hearings

The suit between Honeywell Flour Mills Plc. and Ecobank Limited came up for hearing before the Lagos Division of the…

Wike urges France to invest in Rivers agriculture

Okafor Ofiebor/Port Harcourt Rivers State Governor, Nyesom Wike has urged France to invest in Rivers State agriculture sector with a…
Godwin Emefiele, CBN Governo

FG to make N66.1bn from stamp duty in 2016

The Federal Government is targeting an additional N66.1 billion revenue in 2016 from an imposed stamp duty of N50 on…

Oil spill compensation: Tee Mac sues NOSDRA

Akin Kuponiyi A Federal High Court sitting in Lagos, southwest Nigeria, has ordered that all court processes filed in a…

FG, states, LGs get more money to share

eosun The Minister of Finance, Mrs Kemi Adeosun, on Tuesday in Abuja said that N387.8 billion was shared among the…

Lawyer docked over failure to file tax return

Jethro Ibileke/Benin‎ A Benin-based lawyer, Kingsley Obamogie, was Tuesday dragged before a Mobile Revenue Court sitting in Benin, by the…

Landlady arrested for connecting water well to NNPC pipeline

Cyriacus Izuekwe A 59-year-old landlady, Mrs Floyinka Ayinda has been arrested and detained at Idimu division for her alleged role…

Okomu Oil to employ 45,000 in new plantation

Jethro Ibileke/Benin The management of Okomu Oil Palm Company, located in Ovia North local government area of Edo state is…

Akpobolokemi sent back to prison

Akin Kuponiyi A Lagos High Court presided over by Justice Raliat Adebiyi on Monday ordered that former Director-General of Nigerian…

Group bemoans illegal discharge by ships in private jetties

The Chairman , Nigerians Against Theft In the Maritime Sector (NATIMS), Dr. Jonas Bankole, on Monday said some private jetty…

Fidson splashes millions of naira on consumers of Astymin drug

Eromosele Ebhomele Beginning from Monday, a total of 10 people would win N10,000 each on a daily basis while one…

Fire guts Abuja NNPC mega station

The Nigerian National Petroleum Corporation (NNPC) mega station at the Central Business District in Abuja has been gutted by fire.…

Diversification of Nigeria’s economy, yet to be implemented – Tinubu

Asiwaju Bola Tinubu, the national leader of All Progressives Congress (APC), says Nigerians need to be creative and innovative to…

Coys relocating from Apapa due to gridlock, says association

Many companies are said to be relocating from Apapa in Lagos State due to the gridlock usually experienced by motorists…
Price of kerosene shoots up to N1,769.86 per litre in July - NBS

Kerosene to sell at N83 – PPPRA

The Petroleum Products Pricing Regulatory Agency (PPPRA)‎ has increased the price of Household Kerosene from N50 to N83. This is…
Nigeria Customs Service (NCS) boss Hameed Ali urges Nigerians not to engage in smuggling or patronising smugglers in Easter message

Customs impounds goods valued at N11.66m

oms The Federal Operations Unit (FOU), Zone ‘A’ of the Nigeria Customs Service (NCS) has intercepted contraband valued at N11.66…

Fashola advocates change in attitude to achieve diversification

The Minister of Works, Power and Housing, Mr. Babatunde Fashola, at the weekend advocated the adoption of a collective national…
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