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Month: March 2017

NCAA Deadline On Remittance Of 5% TSC/CSC Ends Today

Fidelia Okafor The final ultimatum by the Nigerian Civil Aviation Authority (NCAA) to the airlines to automate their remittance of the statutory 5 per cent Ticket Sales/Cargo Sales Charge (TSC/CSC) ends today. The Authority had shifted the January 31st 2017 ultimatum to March ending at the instance of the Airlines Operators of Nigeria (AON) at […]

CBN receives commendation from IMF for stabilizing the Naira

Amaka Obiefuna. The International Monetary Fund (IMF) has commended the Central Bank of Nigeria (CBN), for recent foreign exchange policy actions. The CBN has recorded huge success at the Forex market, since it started‎ injecting over $1.5 billion at the interbank market. The Naira has continued to firm against the dollar, in defiance of predictions […]

Nigeria GDP gets $25b boost trough mining by 2026

Fidelia Okafor. Nigeria’s Mining sector will contribute 25 billion Dollars to the Gross Domestic Products (GDP) by 2026. The Minister of Mines and Steel Development, Dr Kayode Fayemi said this at the fifty-third Annual International Conference and Exhibition of the Nigerian Mining and Geosciences Society in Abuja. Dr Fayemi said this would be achieved due […]

Abuja airport: Runway repairs 57% completed –Hadi Sirika

Fidelia Okafor. The Minister of State, Aviation, Sen. Hadi Sirika, says the Nnamdi Azikiwe International Airport, Abuja runway repairs is 57 per cent completed and the April 19 reopening date is sacrosanct. Sirika disclosed this during a media tour led by the Minister of Information and Culture, Alhaji Lai Mohammed, at the airport on Thursday. […]

Meningitis outbreak: NCDC starts vaccination

Winifred Bosa. Reports reaching us have it that the Nigeria Centre for Disease Control has commenced vaccination for the control of meningitis. The Chief Executive Officer of the Centre,Dr Chikwe Ihekweazu told Voice of Nigeria that the disease had affected 5 states in Nigeria. According to him, so far, “there is 1,966 suspected cases in […]

Nigeria lawmakers want future election done electronically

Fidelia Okafor. The Senate of the federal republic of Nigeria has empowered the Independent National Electoral Commission (INEC) to use electronic voting method in conducting future elections, including the 2019 general election. It also legalised the use of the electronic smart card reader which INEC introduced during the 2015 general election. The upper chamber made […]

Meningitis strikes five states in Nigeria.

Winifred Bosa Cerebrospinal meningitis ( CSM)  is taking its toll as the number of suspected cases now stands at 1,966 with the outbreak reaching epidemic proportions in five States- Zamfara, Sokoto, Kebbi, Katsina and Niger States. So given the size of the outbreak and the number of States affected, the public health agencies in Nigeria […]

We need our own Silicon Valley—Chimhanda

Winifred Bosa. Joel Chimhanda, the founder of JC Capital(Pty) Ltd , a financial advisory business in South Africa has at the sixth edition of the annual Innovention series, organised by the Verdant Zeal Group,  given a wake up call to African Leaders to develop their own silicon valley. Speaking on the theme :How Technology is […]

Development Bank of Nigeria: CBN approves license

Amaka Obiefuna. The Central bank of Nigeria (CBN) has approved the grant of a Wholesale Development Finance Institution License with national authorisation to the Development Bank of Nigeria (DBN) Plc. Minister of Finance, Mrs. Kemi Adeosun confirmed the development in a statement issued Wednesday evening by Director of Information, Salisu Na’inna Dambatta. It said: “The […]

Benue Government shuts down Agriculture University for tax evasion

Winifred Bosa. The Benue State Internal Revenue Service (BIRS) has sealed off the Federal University of Agriculture, Makurdi over non remittance of Personal Income Tax amounting to about N2.3bn. The Chairman of the Board, Mrs. Mimi Adzape-Orubibi said the State Revenue Board took the step after the university failed to respond to several attempts to […]

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