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Reps approve Tinubu’s tax reform bills
The House of Representatives on Thursday, has approved the tax reform bills passed by President Bola Ahmed Tinubu’s after months of debate and controversy. The bills include the Nigerian Tax Bill, the Tax Administration Bill, the Revenue Tax Board Bill, and the Nigerian Revenue Service Establishment Bill. Presidential spokesperson and…
Read More »Court stops FCCPC from sanctioning MultiChoice over DStv, Gotv tariff hike
The Federal High Court in Abuja has restrained the Federal Competition and Consumer Protection Commission (FCCPC) from sanctioning MultiChoice Nigeria Limited following its recent increase in the DStv and GOtv subscription rates. Justice James Omotosho gave the order after an ex-parte motion moved by Moyosore Onigbanjo, SAN, counsel to MultiChoice.…
Read More »Canadian counter tariffs takes effect following U.S. moves
Canadian tariffs on U.S. products came into effect on Thursday, in response to the 25per cent tariffs imposed by the U.S. President Donald Trump on steel and aluminium imports. From midnight (0400 GMT), Canada applied tariffs on about 29 billion dollars (20 billion U.S. dollars) in products imported from the…
Read More »IFC Awards EDGE Green Building Certification to Access Bank Nigeria
ConcisedailyNews – Access Bank PLC (Access Bank), a leading African bank, has received the IFC EDGE (Excellence in Design for Greater Efficiencies) Green Building Certification for its banking headquarters, called Access Tower, located in Oniru, Victoria Island, Lagos. The EDGE Green Building certification program, supported by the Japan Government in…
Read More »FG adopts Ogun State owned Tai Solarin University as Federal University
The Federal Government of Nigeria has adopted the Tai Solarin University of Education (TASUED) in Ijagun, Ogun State as a Federal University. Established by the Ogun State Government in 2005, TASUED holds the distinguished position as Nigeria’s first specialised university of education. It was named after Dr Tai Solarin, a…
Read More »FRSC Corps Marshal sanctions Ondo Sector commander over worn-out tyre
The Corps Marshal, Federal Road Safety Corps (FRSC), Malam Shehu Mohammed, has ordered the immediate sanction of the Sector Commander over the use of a worn-out tyre on one of the corps’ patrol vehicles in Ondo State. This is contained in a statement by the Corps Public Education Officer (CPEO),…
Read More »NACA insists that HIV treatment remains free in government facilities
The National Agency for the Control of AIDS (NACA) has dismissed information on social media regarding the withdrawal of subsidy for Antiretroviral (ARV) drugs The Agency explained that the claim that ARV drugs will now cost N250,000 per dose with patients required to pay N500,000 monthly, is completely false and…
Read More »Nigeria: FG launches National Electronic Assets Register to boost transparency, accountability
The Federal Government of Nigeria has launched the National Electronic Assets Register to enhance transparency in the management of public funds and improve the tracking and accessibility of national assets. Speaking at the official launch on Thursday, the Accountant General of the Federation, Dr. Oluwatoyin Madein, explained that the initiative…
Read More »Dangote Group pays N402.3b tax to govt in 2024
The Pan African Conglomerate Dangote Industries Limited, (Dangote Group), and its subsidiaries has disclosed that it paid over N402 billion in taxes in 2024, making it the highest taxpayer in the country. Dangote’s Chief Branding and Communication Officer, Anthony Chiejina, declared during a meeting with some senior media executives who…
Read More »Senate suspends Natasha Akpoti-Uduaghan for 6 months
The Senate, on Thursday, suspended Sen. Natasha Akpoti-Uduaghan (PDP-Kogi) over “total violation of the Senate Standing Orders 2023 as amended”. This followed the presentation of the report of the Senate Committee on Ethics, Code of Conduct and Public Petitions by its Chairman, Sen. Neda Imaseun during plenary. In his presentation,…
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