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Nigeria’s economy still weak – IMF

The International Monetary Fund (IMF) has said although Nigeria is said to have exited recession, the economy still remains largely vulnerable.

Tax holiday policy to reduce companies relocation and closure – Olatunji Babatunde

Mr Olatunji Babatunde, a union leader, has advised the Nigerian Government to sustain its tax holiday policy by ensuring that its implementation is adequately monitored to forestall corrupt practices.

International Monetary Fund advises Nigeria to stop tax holidays

The International Monetary Fund has advised the Federal Government to urgently revisit tax holidays and exemptions given to companies. It specifically urged Nigeria to implement a reform that would see it phase out tax holidays and exemptions eroding the Company Income Tax base.

IMF raises concerns over weakness in Nigerian banks

The International Monetary Fund on Tuesday expressed concerns over weaknesses in Nigerian banks and said that the situation might weigh on economic growth in the medium term.

Threats to Nigeria’s economic recovery high – IMF

The International Monetary Fund has predicted that the Nigerian economy will be out of recession this year with growth of 0.8 per cent though it says risks to the recovery remain high.

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Former CIA agent arrested with top secret info

US authorities said Tuesday they had arrested a former CIA agent, Hong Kong resident Jerry Chun Shing Lee, after discovering he had an unauthorized notebook that had the identities of undercover US spies.

Federal govt denies 16, 200 vacancies in foreign missions

The Federal Government has said that there were no 16,200 employment vacancies in 26 Nigerian embassies and missions abroad as Nigerians are being made to believe.

NAF destroys Boko Haram vehicle workshop, kills many

The Nigerian Air Force has said one of its Remotely Piloted Aircraft, RPA, successfully destroyed a Boko Haram vehicle workshop, killing many of the insurgents in the process at the Sambisa general area on Monday.

Twelve killed in Maiduguri suicide bombing

At least 12 people were killed on Wednesday when a suicide bomb exploded around Muna Garage area of Maiduguri, the Borno State capital, officials have said.

Access bank approves paternity leave for male staff

Access Bank Plc., has urged male employees of the bank to take advantage of its parental leave policy that extends paid benefits to all mothers and fathers.

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Donald Trump denies using term ‘shithole countries’ to describe immigrants

U.S. President Donald Trump implied on Friday the language he used during the meeting on the Deferred Action for Childhood Arrivals (DACA) was “tough” but he didn’t use the infamous “shithole countries” term.

Israel destroys tunnel from Gaza it says intended for attacks

Israel said Sunday it used a combination of air strikes and other means to destroy a tunnel stretching from the Gaza Strip into the country and continuing into Egypt.

Governor Ortom leads Benue leaders to meet President Buhari over killings

The Benue State Governor, Samuel Ortom, on Monday led some leaders from his state to a meeting with President Muhammadu Buhari as part of efforts to restore normalcy to the state that witnessed killings recently.

Manchester City prepared to miss out on Arsenal’s Alexis Sanchez over fee

Manchester City are prepared to risk missing out on Alexis Sanchez - possibly to Manchester United - rather than pay Arsenal's £35m asking price.

Court dismisses Evan’s suit challenging continued detention

A Lagos Division of the Federal High Court on Tuesday dismissed the N300 million fundamental rights enforcement suit filed by alleged billionaire kidnapper, Chukwudumeme Onwuamadike, otherwise known as Evans.