Red Star Express Plc has declared a Group Profit Before Tax of N413.9 million for the year ended 31 March, 2022, an impressive increase of about 87%, from the sum of N220.8 million recorded in the same period of 2021. The information was disclosed in a statement of comprehensive Income released Wednesday by the Management…
The officials of the Nigeria Immigration Service (NIS), Murtala Muhammed Airport (MMA), Lagos Command has arrested two travellers over stolen and fake international passports. The travellers, Melekwe Gift and Melekwe Peace who were on their way to India were arrested aboard Qatar Airways flight on June 23, 2022. A statement by Mrs. Louisa Amadiokoro, the…
Reputed for its consistent route expansion, Nigeria’s leading airline, Air Peace, has revealed plans to extend its wings to Guangzhou, China and Mumbai, India, with scheduled flight operations in July, 2022. The airline has also disclosed that Israel operations kick-off is underway. Spokesperson of Air Peace, Stanley Olisa, who made the disclosure on Tuesday, July 5,…
By Johannes Oluwatobi The filing of Companies Income Tax Returns for the 2022 Year of Assessment, due on 30th June 2022, has been extended to 31st August 2022, for companies who were unable to meet up with the deadline as at the end of June, 2022. The extension of this deadline is contained in a…
he Head of the Ukrainian President’s Office, Andriy Yermak, has said Nigeria and other African countries might face worsening food crisis as a result of the Russian invasion of Ukraine. Already, the war has affected the prices of staple foods, particularly, bread, in the country. Russia and Ukraine are among the top five global suppliers…
The Managing Director of Nigerian Breweries Plc, Hans Essaadi, has advocated the need for the Federal Government to place sorghum as a focus crop under its Anchor Borrowers Programme, given its growing demand and usage by many manufacturing companies in its production processes. A statement by the company said Essaadi made the call while speaking…
he GoNigeria Initiative, which encourages youth participation in the electoral process, has announced the names of young Nigerians who won the top three prizes in the GoNigeria English Rap Challenge. In a statement, titled, “Winners emerge in the GoNigeria English Rap Challenge”, the group announced Didam Jonah Duniya, a native of Kaduna State, as the…
The Federal Government, through the Federal Executive Council, has approved an Enterprise Licensing Agreement for Microsoft Products and the migration of C-band services. While the Microsoft Enterprise deal is expected to save the cost of information technology projects, the C-band migration is expected to boost the deployment of fifth-generation services in the country. This is…
Leadership Newspaper’s MARK ITSIBOR writes on the need for Nigeria to improve its revenue by harmonising the current tax systems Nigeria has three tax revenue objectives: to develop our economy that does not lean too heavily on resource wealth; institutionalise a healthy tax culture among Nigerians; and create a participatory system of taxation whereby the…
