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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.

US companies contributed N34 billion to Nigeria’s tax revenue – survey

A recent Economic impact survey of United States companies operating in Nigeria has shown that such business interests contributed over N34.4 billion to the nation’s tax revenue in 2016.

FRSC commends HEI for saving over 200 accident victims

The Federal Road Safety Corps (FRSC) has commended the Health Emergency Initiative (HEI) for giving prompt support and assistance to save the lives of over 200 accident victims in the last two years.

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.

LIRS, PWC clarify taxation of loans to employees by employers

The Lagos State Internal Revenue Service (LIRS), and PriceWatercoopers (PWC), a firm that focuses on audit and assurance, tax and consulting services have explained how loans that are granted to employees by their employers can be taxed.

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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DR Congo blocks internet ahead of banned protests

Authorities in the Democratic Republic of Congo blocked the internet in Kinshasa and set up roadblocks throughout the city ahead of planned protests Sunday demanding that President Joseph Kabila leave power.

Five things to know about Cyprus

Cyprus is gearing up for presidential elections on January 28 that could determine whether the divided Mediterranean island resumes a push for reunification.

Bloody clash averted in Delta over killing by herdsmen

The tension at Onicha-Olona community in Aniocha North Local Government Area of Delta State, occasioned by the killing of a farmer by Fulani herdsmen on Friday has been doused.

Nigeria, Saudi record biggest increase in oil output

Crude oil production in Nigeria rose by 88,700 barrels per day last month, the second biggest increase among its peers in the Organisation of Petroleum Exporting Countries.

Gencos gulped N152.9bn of N701bn power sector fund in seven months

The Nigeria Bulk Electricity Trading Plc (NBET) has disbursed a total of N152.974 billion to 23 power generation companies (Gencos) within the first seven months of 2017, according to a report.

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Police arrest suspected robber with fake dollars, marijuana in Katsina

A 28-year-old armed robbery suspect, Gambo Musa, has denied being an armed robber, saying that he only sold Indian hemp, some of which was found in his home.

Vladimir Putin takes icy plunge as Orthodox believers mark Epiphany

Russian President Vladimir Putin along with millions of Orthodox believers braved freezing temperatures to take a barechested plunge into icy water in a traditional ritual marking the baptism of Jesus.

Chinese firms, others owing us over N4 billion IGR – Kebbi govt

The Kebbi state Government, on Monday, lamented that the Chinese Mining Company, operating in Fakai and Bagudo Local Government Areas of the state and other domestic business entrepreneurs were owing it about N4 billion in taxes, which is supposed to be part the state ‘s N7 billion Internal Generated Revenue (IGR) monthly.

2019: No zoning arrangement for Ebonyi guber ticket – APC

A Chieftain of the All Progressives Congress (APC) in Ebonyi, Chief Austine Edeeze, says that only the best will win the party’s nomination for the state’s governorship election in 2019.

Don’t blame any ethnic group for the kidnap, murder of Taraba assemblyman – Governor...

Gov. Darius Ishaku of Taraba on Tuesday warned residents of Takum against blaming any ethnic group for the death of Mr Hosea Ibi, a member of the Taraba House of Assembly.