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Day: November 1, 2023

Nigeria To Review $2bn Siemens Deal, Says Power Minister Adelabu

Nigeria’s Minister of Power, Mr Bayo Adelabu said the federal government was set to review the Siemens power deal with Nigeria, which would have seen the incremental rise in supply from the current 4,000mw to 25,000mw by 2025. Speaking to ARISE News, Adelabu argued that the prevailing conditions when the contract was signed had changed […]

Tinubu Writes Reps, Seeks Approval Of N2.1trn Supplementary Budget

President Bola Tinubu has written the House of Representatives seeking the approval of the sum of N2,176,791,286,033 as 2023 supplementary budget to address labour wage adjustments, security and more.   The President also sent the 2024-2026 Medium Term Expenditure Framework & Fiscal Strategy Paper to the House of Representatives. On Monday, the Federal Executive Council […]

Lagos Govt Secures Partnership For Construction Of Fourth Mainland Bridge, Other Projects

Lagos State Governor, Babajide Sanwo-Olu, signs a partnership for the construction of the fourth mainland bridge and other infrastructural projects in Guyana, South America. The Lagos State Government has secured a partnership for the construction of the Fourth Mainland Bridge and other infrastructural projects in the state.   Governor Babajide Sanwo-Olu signed the partnership with […]

SON’ New Boss States His Area of Priority for Rapid Industrialization in Nigeria

Newly appointed Director General/Chief Executive of the Standards Organisation of Nigeria (SON) Dr. Ifeanyi Chukwunonso Okeke has been upbeat on the rapid industrial and economic development and growth of the country. He has therefore decided to roll out a working template in tandem with the Bola Ahmed Tinubu administration’s home – grown, inclusive growth economy. […]

ADVAN Reveals Reason For Suit Against ARCON

The ADVAN (Advertisers Association of Nigeria ) suit against ARCON ( Advertising Regulatory Council Of Nigeria ) is focused on aspects of the new ARCON law that are clearly unconstitutional in their provisions. ADVAN supports any reform that is geared towards industry development and is pursued via the stipulations of the nation’s constitution. Here we […]

Awosika, Adenuga, Akingbade To Be Inducted Into 2023 Brandcom Awards’ Hall Of Fame

Three outstanding achievers in diverse areas of branding and Communication are set to be inducted into Brandcom Awards’ prestigious Hall of Fame this year. The three living legends are Jimi Awosika, Vice Chairman, Troyka Holdings; Wale Adenuga, Founder of Wale Adenuga Productions(WAP) and Bola Akingbade, Former Chief Marketing Officer of MTN Nigeria. The Induction ceremony […]

Wesley University VC Urges Fees Slash On Faith-Based Institutions

Vice-Chancellor, Wesley University Ondo, Rt. Rev Prof. Samuel Sunday Obeka, has appealed to faith-based universities to consider slashing their fees considering the present economic situation in Nigeria. He also debunked allegations that the university owed their part-time lecturers salaries and refuted the allegations as not only mischievous but also spurious. The institute is the first […]

BREAKING: LIRS SHUTS DOWN 34 COMPANIES OVER TAX DEBTS

    …promises to shut down more   The Lagos State Internal Revenue Service (LIRS) has closed down 34 corporate organizations for failing to remit Personal Income Taxes of their employees and for non-remittance of Consumption Taxes by operators in the hospitality sector to the Lagos State Government. Some of these companies include NTS Nigeria […]