The Naira suffered further depreciation to a record low of N1,235 per dollar yesterday, following strong demand on the parallel market, also known as black market. This represents a 2.06 per cent (N25) weaker value than the N1,210 recorded on ...
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Feed SubscriptionTax Evasion: Appeal Tribunal Orders MTN To Pay FIRS $72.5m
The Lagos division of the Tax Appeal Tribunal has ordered MTN Nigeria Communications to pay the Federal Inland Revenue Services (FIRS) $72,551,059 million tax default. The five-person panel led by Professor Abubakar Hamed, however, declined to impose penalties and interest ...
Read More »Benue To Benefit From $700m World Bank Climate Resilience Project
Benue State has been selected among the 19 Northern States to benefit from the $700 million World bank assisted project for Agro-Climatic Resilience in Semi-Arid Land scapes (ACReSAL) to address the challenges of land degradation and climate change on a ...
Read More »‘I Can’t Determine Relations Between Countries’ Wike Speaks On Israeli Envoy’s Visit
The Minister of Federal Capital Territory (FCT), Nyesom Wike, has said that he has no constitutional powers to determine Nigeria’s diplomatic relations with other countries, as such powers lie absolutely with the President and Commander-in-Chief, Bola Tinubu. The Minister, who ...
Read More »NHRC To Represent Africa At GANHRI
The National Human Rights Commission NHRC has been elected a member of the Governing Board of the Global Alliance of National Human Rights Institutions (GANHRI) based in Geneva Switzerland to represent the African region at the Board. A press statement ...
Read More »AKS NPC Ready For 2023 Population and Housing Census – Engr. Ukpong
…Commends the Chairman, NPC By Grace Gabriel As part of the final stage of preparation for the 2023 National Housing and Population Census, the National Population Commission, Akwa Ibom State is fully equipped and prepared for the exercise in all ...
Read More »Afreximbank Extends $60m Facility To Alphaden Energy For Gas Production Facility
Alphaden Energy & Oilfield Limited has inked a $60 million loan facility deal with African Export-Import Bank (Afreximbank), for the construction of a 20 million standard cubic feet per day gas processing facility in Bayelsa State, Nigeria. The 7-year term ...
Read More »Naira Falls To Lowest N848/$ At Official Market
Nigeria’s naira closed trading at a record low of N848 per dollar on the official market yesterday, according to data from FMDQ, as dollar shortages persist. That’s nine percent lower than the closing rate of N778/$ on Monday, representing the ...
Read More »AU, ECOWAS Observers Proffer Solutions To Liberia’s Electoral Challenges
African Union Election African (AUEOM) and the Economic Community of West African States, ECOWAS Union Election Observation Mission to the Liberia Presidential and Parliamentary Elections, yesterday, released preliminary reports on the conduct of the exercise. The continental and regional observation ...
Read More »Girl-child Rights, A Moral Imperative
In a world where the struggle for gender equality continues to be an ongoing battle, the significance of the International Day of the Girl-child (IDG) could not be more pronounced. On this day, observed annually on 11 October, we find ...
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