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Business news

Month: February 2018

FG targets four million new taxpayers through VAIDS

Through the implementation of the Voluntary Assets and Income Declaration Scheme, the Federal Government is targeting to bring a total of four million new taxpayers into the tax net. The Minister of Finance, Mrs. Kemi Adeosun, gave the figure at the ongoing Platform for Collaboration on Tax Conference at the United Nations in New York, […]

FAAN deploys 10 armed vehicles to Lagos Airport.

The Federal Airports Authority of Nigeria (FAAN) has in the process of boasting the security procedures at the airport deployed additional 10 heavily armed Hilux patrol vehicles to the airside of Lagos airport.  This is coming amid the escalation of burglary of airplanes on the holding section of the Lagos airport by unknown persons who […]

Lagos Donates N365M Mobile Clinic For Cancer Diagnosis , Treatment

The Lagos State Government has increased the advocacy to prevent  cancer scourge by donating  a Mobile Cancer Centre for the diagnosis and treatment of residents afflicted with cancer-related diseases . Handing over the facility to the representatives of the Committee Encouraging Corporate Philanthropy (CECP), a nongovernmental organisation in the forefront of cancer awareness , the  […]

YIAGA kicks off Anti-Corruption Debate in Tertiary Institutions

Youth Initiative for Advocacy Growth and Advancement ,YIAGA ‘s #BounceCorruption project,  has kicked off Public Integrity Debates in Tertiary Institutions across Nigeria. #BounceCorruption project is a platform for harnessing youth views into the anti-corruption crusade as well as for propagating the values of integrity, transparency and accountability. The national debate competition which involved selected tertiary […]

PwC Makes Impressive Debut In Global Brand Index , Moves from 66th to 50th position.

PwC has made impressive debut in Global Brand Index ,the annual Brand Finance Global 500, by leading the professional services sector, as one of the top 50 brands. This means that PwC is the highest performing professional service brand in the Global 500 which is a list of the strongest and most valuable brands world-wide. […]

Clear petrol queues before Sunday, FG orders NNPC

The Federal Government on Thursday said it had directed the Nigerian National Petroleum Corporation to clear the petrol queues that had refused to disappear in Abuja and neighbouring states before the commencement of the 2018 Nigeria International Petroleum Summit. It also stated that the Federal Ministry of Petroleum Resources and some of its agencies were […]

FIRS seals PH, Lagos firms over N700m tax debts

The Federal Inland Revenue Service on Wednesday sealed the premises of four companies in Port Harcourt and Lagos over tax debts of about N700m. In Port Harcourt, the FIRS enforcement team shut down the premises of SC Industrial Gas Manufacturers Limited, situated at 61 Aba Road. The company was sealed for its alleged failure to […]

‘Herdsmen attacks, destruction of farmlands worsen food insecurity’

The Co-Founder, Heart and Capital Nigeria Limited, Mr. Umar Adelodun, has said that the attacks of farmers by herdsmen and the destruction of farmlands by cattle is aggravating food insecurity in Nigeria. He identified agriculture as sector that could boost industrialisation through production of raw materials. He added that agriculture could provide employment and engagement […]

Probe begins into incident, Delta Airlines begs AIB

The Commissioner, Accident Investigation Bureau, Akin Olateru, says investigation has commenced into the serious incident involving a Delta Airlines’ aircraft. “We look forward to receiving cooperation from Delta Airlines as we work to determine the cause of this serious incident in the interest of safety,” he said. Olateru stated this on Thursday when a team […]

Delta Aircraft impounded by AIB

Bars crew from leaving country until probe begins Captain declared Mayday, says NCAA DG The Accident Investigation Bureau (AIB) has barred engineers from going near Delta Air that did emergency landing when the crew noticed fire in the left engine of the A330-200 airplane. Also, Commissioner, AIB, Akin Olateru has equally directed that the crew […]

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