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Luxembourg court overturns verdict against Luxleaks whistleblower

A Luxembourg court, on Thursday, overturned the verdict against a “Luxleaks” whistleblower who was convicted of leaking thousands of documents that revealed tax breaks for multinational firms.

Ibom deep seaport project now 75% complete – commissioner

The Akwa Ibom State Commissioner for Housing & Special Duties, Mr. Akan Okon, has said that work on the Ibom Deep Seaport project has attained 75 percent completion.

States to receive 13% derivation from mining revenue – Kayode Fayemi

The Federal Government has disclosed that states will receive 13 per cent derivation from mining revenue to encourage more collaboration.

Tax evasion: Investigate enablers to stop scheme – Litchfield-Tshabalala

In a bid to stop the illicit flow of money from Africa, governments of African countries have been advised to go after firms that enable multinational companies to avoid or evade tax.

Nigeria will achieve full economic recovery in 2019 – PwC

The PricewaterhouseCoopers Nigeria has predicted a full economic recovery in the country by 2019.

Naira devaluation is a risk to Nigeria’s external debt – PwC

PricewaterhouseCoopers, one of the big four consulting firms in the world, says a devaluation of the Nigerian naira will be a key risk to the sustainability of the country’s foreign debt.

Expert wants tax laws in constitution reviewed

A tax expert, Mr Taiwo Oyedele, has called for constitution amendment to reduce the number of taxes imposed by each level of government to not more than 10.

AFCON: CAF postpones inspection mission to Cameroon

An inspection mission to the 2019 Africa Cup of Nations hosts Cameroon has been postponed by the Confederation of African Football (Caf).

Tax incentives alone will not attract investors – Expert

Mr Taiwo Oyedele, a tax expert, says only tax incentives to industries without addressing other challenges will not bring about the desired economic growth in Nigeria.

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Ex-VP Atiku Abubakar mourns victims of Maiduguri blast

Former Vice President and chieftain of the Peoples Democratic Party (PDP) Atiku Abubakar mourns victims of the Wednesday evening suicide bombing in Maiduguri, Borno State, that claimed several lives and left scores wounded.

Governor Ahmed dissolves Kwara state executive council

The Kwara State Governor, Alhaji Abdulfatah Ahmed, on Thursday dissolved the state executive council.

95 ex-Boko Haram fighters set for release into society – CDS

Ninety five ex-Boko Haram terrorists that have been rehabilitated under the De-radicalisation, Rehabilitation and Reintegration (DRR) programme are now set to be reintegrated into the society.

‘Massive’ infrastructure spending needed in Africa – report

Economic growth in Africa picked up steam last year and is set to accelerate strongly in 2018, but "massive investments" are needed in infrastructure, the African Development Bank (ADB) said on Wednesday.

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Nigerian Stock Exchange suspends trading in 7-Up shares

The Nigerian Stock Exchange, NSE, has announced the suspension of trading in shares of 7-Up Bottling Company Plc.

Bayelsa building private-sector driven economy – official

The Bayelsa state government on Monday reiterated its commitment to building a robust economy driven by economic fundamentals and private sector capital to make the state a model for others.

NCDMB official regains freedom after 8 days in captivity

A senior official of the Nigeria Content and Development Monitoring Board (NCDMB), Mr. Numodogio Micah, has regained freedom.

N20m national jackpot winner gets cheque

Mr Chukwunwike Osahon, winner of the N20 million Give ‘n’ Take National Jackpot was presented with the cheque on Tuesday.

PDP chairman Uche Secondus warns APC against hate speeches

The National Chairman of the Peoples Democratic Party, PDP, Prince Uche Secondus, has warned members of the All Progressive Congress, APC, against hate speeches that promote disunity in Nigeria.