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NIMASA denies responsibility as gunboat sinks in Lagos

The Nigerian Maritime Administration and Safety Agency has denied responsibility for a gunboat that reportedly sank in Lagos on Sunday. The NIMASA/Barugu, a gunboat reportedly in the fleet of Global

Agency Report Agency Report

Train attack: Reps grill security chiefs today

The House of Representatives will on Tuesday grill heads of Nigeria’s security apparatus over the recent attacks on the Kaduna International Airport and the Abuja-Kaduna rail line. Several officials of

Agency Report Agency Report

Food imports exceed exports by N2.23tn in 12 months

The total international trade in agricultural goods in the country stood at N3.24tn in 2021, with the import value exceeding export value by N2.23tn, findings have revealed. Despite interventions by

Kayode Oyero Kayode Oyero

FG grants three-year tax relief to 33 companies, bars 10 firms

The Federal Government approved the application of 33 companies seeking pioneer status under the Industrial Development Income Tax Act in 2021. This was contained in the quarterly PSI reports released

Agency Report Agency Report

CBN imposes heavy sanctions on banks over mutilated notes

The Central Bank of Nigeria has expressed concern over the increasing amount of mutilated banknotes deposited with the apex bank by Deposit Money Banks. To this end, the CBN has

Agency Report Agency Report

Two million people’ll start receiving N20bn monthly from June -FG

Two million people will start receiving about N20bn from June this year as basic cash transfers and conditional cash transfers under the National Cash Transfer Programme, the Federal Government has

Agency Report Agency Report

NIN: Bar outgoing calls from unlinked SIMs, FG orders telcos

The Federal Government has ordered telecommunications operators including MTN, Globacom, Airtel, and 9mobile to bar all outgoing calls of all Subscriber Identification Module cards not yet linked with the National

Kayode Oyero Kayode Oyero

FAAN apologises over power outage at Lagos airport

The Federal Airports Authority of Nigeria has apologised for the power outage at the Murtala Muhammed International Airport, Lagos. The apology was contained in a statement by FAAN's acting General

Agency Report Agency Report

MTN contributed 13.5% of FIRS’ total 2021 tax – Report

Nigerian telecoms giant, MTN Nigeria Communications PLC’s total tax contribution to all government agencies including the Federal Inland Revenue Service amounted to N757.6 billion. The company paid a total of

Agency Report Agency Report

I’ll make Nigeria investment haven if elected President -Ohuabunwa

A Peoples Democratic Party presidential aspirant, Sam Ohuabunwa, says he will transform Nigeria into an investment haven if elected. Ohuabunwa, the Convener of the New Nigeria Group, made the promise

Agency Report Agency Report

Rising govt debt caused by increasing budget deficit - DMO

The Debt Management Office has said that the reason for Nigeria’s rising government debt levels is due to increasing budget deficits over the years. This was disclosed by the Director-General

Agency Report Agency Report

Passengers stranded as power outage hits Lagos airport

Many passengers are stranded after power outage hit a section of the Murtala Muhammed International Airport, Ikeja, Lagos. It was learnt that the departure lounge of the International Airport, Lagos,

Agency Report Agency Report
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