The Nigerian government is locked in a court battle with Britain’s National Crime Agency (NCA) over control of €180 million (£150 million) that was stashed abroad by Nigeria’s former Head of State, late Gen. Sani Abacha. By Tuesday’s official exchange rate of the British Pounds Sterling at N563, as seen on the website of the…
The Executive Chairman of the Federal Inland Revenue Service (FIRS), Muhammad Nami has implored the media in Nigeria to make taxation a social responsibility issue. Mr. Nami said this yesterday at a media colloquium and public presentation of a book titled, The Spokesman, written by a journalist, Kelechi Okoronkwo. Nami noted that the Nigerian media…
The International Monetary Fund (IMF) has lauded the Federal Government’s proactive management of the COVID-19 pandemic and its economic impacts. The commendation is contained in the organisation’s Executive Board’s conclusion of the 2021 Article IV Consultation with Nigeria, obtained from its website on Tuesday. According to the board, in spite of the management of the…
nternational Monetary Fund (IMF) says the Nigerian economy is recovering from a historic downturn benefitting from government policy support, rising oil prices and international financial assistance. IMF disclosed this in a statement issued from its headquarters in Washington D.C. on Monday. The organisation said Nigeria exited the recession in fourth quarter 2020 and output rose…
Mo’ Heat Basketball Club on Monday edged Gombe Bulls 73-70 to make it two straight wins in a row at the ongoing Mark ‘D’ Ball Basketball Championship in Abuja. The News Agency of Nigeria (NAN) reports that the three-month long championship which began on Sunday at the Indoor Sports Hall of the Moshood Abiola National…
Sen. Ademola Adeleke, one of the Peoples Democratic Party (PDP) governorship aspirants in Osun, says he didn’t walk out of peace and reconciliation meeting on Monday in Okuku. The meeting was hosted by a former Governor in the state, Prince Olagunsoye Oyinlola. Adele made the clarification following allegations that he stormed out of the peace…
Following the supply of a wrong specification of petrol in some parts of the country, and its subsequent removal in compliance with a government order, long queues have once more returned to petrol stations in Abuja, parts of Lagos, and some other states. Indications emerged on Monday that the current challenge being faced in the…
Kogi State Police Command, on Monday, disclosed that its men, in collaboration with local vigilance group, foiled an attack on the Command headquarters in Okene, Okene Local Government Area of the state, leaving one dead and some others injured. Confirming the incident, Police Public Relations Officer, (PPRO), SP William Ovye Aya,said the Commissioner of Police,…
British Prime Minister Boris Johnson said sanctions and other measures will be ready in the event of a Russian attack on Ukraine, and his government will ask parliament for sanctions on Russian individuals and companies. Writing in The Times on Tuesday, Johnson said Britain is considering deploying Royal Air Force Typhoon fighters and Royal Navy…
