• Amaechi, Makinde in high spirit as they Inspect Lagos-Ibadan Rail Line

    Amaechi, Makinde in high spirit as they Inspect Lagos-Ibadan Rail Line0

    The Minister of Transportation Rotimi Amaechi and Oyo State Governor Seyi Makinde on Monday inspected the Lagos-Ibadan standard gauge rail line. The Minister and the state governor were accompanied by other top officials. The assessment started from Ebute Metta to Apapa where the Federal Government hopes to decongest the traffic at the Lagos Port by

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  • FG Exempt Education, food, sanitary pad, other from VAT

    FG Exempt Education, food, sanitary pad, other from VAT0

    The Presidency on Sunday disclosed that some basic daily needs were exempted from the Value Added Tax (VAT) to allay fears on the likely impact of the new VAT on low-income persons. The Presidency also highlighted the benefits of the Finance Act 2019 for Nigerians and businesses in lower and middle levels of the economy.

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  • VAT Increase Effective From February 1, FG tells Ngerians

    VAT Increase Effective From February 1, FG tells Ngerians0

    The Federal Government has said that the increase in Value Added Tax (VAT) from 5 to 7.5 percent will take effect from February 1, 2020. This was disclosed by the Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed on Thursday, during the inauguration of the Chairman and Board members of the Federal Inland

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  • MTN share price leads N112bn market gain

    MTN share price leads N112bn market gain0

    The equities market opened the week with N112bn gain as 16 gainers emerged, led by MTN Nigeria Communications Plc, whose share price increased by 10 per cent on the back of the revocation of its $2bn tax case in Nigeria. The Attorney General of the Federation, Abubakar Malami, had dropped the $2bn claim for back

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  • Breaking: PENGASSAN calls for removal of Chevron MD

    Breaking: PENGASSAN calls for removal of Chevron MD0

    The Petroleum and Natural Gas Senior Staff Association of Nigeria (PENGASSAN), Chevron branch has called for the removal of the Chairman and Managing Director (CMD) of Chevron Mr Jeff Ewing. The News Agency of Nigeria (NAN) reports that there is an ongoing protest in all Chevron facilities across the country. They said that the protest

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  • Flight Operations Commences in Port Harcourt as FAAN reopen Door

    Flight Operations Commences in Port Harcourt as FAAN reopen Door0

    The Federal Airports Authority of Nigeria (FAAN) has announced the reopening of flight operations at the Port Harcourt International Airport (PHIA) to the general public. Mrs Henrietta Yakubu, General Manager, Corporate Affairs, of the FAAN, said on Sunday in Lagos that the airport was on Saturday night closed due to the fire incident. Reports said

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