Newsfront Online …Telling the Public as it is

Acting chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has allayed fears being expressed by corporate organisations that the resolve of FIRS to increase the country’s tax-to-GDP ratio to 18 per cent from the current 10.86 will lead ...

The House of Representatives has asked the Central Bank of Nigeria (CBN) and the Ministry of Finance to immediately release the approved N27.6 billion gas flaring penalties to host communities as prescribed by the Petroleum Industry Act 2021. The resolution ...

Africa’s commodities player, AFEX has unveiled its updated pricing methodology for its business unit to unlock finance for the $1 trillion Commodity Market. The implementation of the price methodology fills a gap in formalising participation in the Nigerian commodities ecosystem, ...

…Lagos, five others in full compliance, contributory pension scheme inevitable, says PenCom …Withholding pension immoral, says NLC, retirement now death sentence, retirees kick Only six states and the Federal Capital Territory have fully implemented the Contributory Pension Scheme as of ...

Heirs Holdings Oil & Gas has announced a major rebranding, and changed its name to Heirs Energies Limited with a new logo colour scheme, reinforcing the strategy of meeting Africa’s unique energy needs in a sustainable manner. In a statement ...

The newly appointed chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has revealed that Nigeria lost N2.9trillion to contract and procurement fraud between 2018 and 2020. Olukoyede made the revelation while fielding questions from Senators during his ...

President Bola Tinubu has given his approval for the phased commencement of academic activities at six of the 14 new Universities established during the twilight of President Muhammadu Buhari administration. Minister of Education, Prof. Tahir Mamman, disclosed this to State ...

The management of Nigerian National Petroleum Company (NNPC) Limited has announced the appointment of Olufemi Oladapo Soneye as the new chief corporate communications officer. A statement signed by the management and posted on NNPCL’s social media handles read as follows: ...

In what could best be described as a major milestone for Nigeria at the ongoing Belt and Road Initiative (BRI) Forum in Beijing, the People’s Republic of China has committed to refinancing and completing the Abuja-Kano and Port Harcourt-Maiduguri railway ...

The Nigerian Correctional Service (NCoS) has dismissed two officers and sanctioned 35 others over gross misconduct. The affected officers were sanctioned for trafficking contrabands for inmates, unauthorised absence from duty, stealing, negligence of duty, criminal conspiracy, as well as aiding ...