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Annual returns: CAC moves against defaulting companies

Corporate Affairs Commission on Monday urged companies operating in the country to file their annual returns as provided by the law or risk being de-listed from its register.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

N4 billion scam: EFCC assures Bluekey investors of diligent investigations

The Port Harcourt Zonal office of the Economic And Financial Crimes Commission, EFCC, has assured scores of investors of Bluekey Investment Club across the Niger Delta of diligent investigations.

N9.7 billion fraud: Witness tells court how former NAF chief converted NAF’s N1.2 billion...

Hammadama Bello, the 9th prosecution witness (PW9), in the ongoing trial of former Chief of Air Staff, Air Marshal Mohammed Umar Dikko, before Justice Nnamdi Dimgba of the Federal High Court, Maitama, Abuja, on Thursday, October 31, 2019, told the court that the defendant allegedly converted the sum of N1.2billion, belonging Nigerian Air Force to his personal use.

Babatunde Fowler: Technology future of tax administration

The Federal Inland Revenue Service (FIRS) has hinged the future of tax administration in Nigeria to technology.
Lagos lawyer and human rights activist, Femi Falana

Femi Falana urges support for federal government on war against corruption

Rights activist, Mr Femi Falana, SAN, has urged religious leaders and all Nigerians to join the federal government in ridding the country of corruption.

Court-ordered meeting forces Dangote Flour to postpone AGM

The management of Dangote Flour Mills on Friday announced the postponement of the company’s Annual General Meeting (AGM) for the year ended December 2018.

CAC clears N1bn salary increment backlog

The Corporate Affairs Commission on Wednesday said it has paid the over N1bn salary increment arrears which was approved in 2013 by the Federal Government.

Federal government restates commitment to better trade relations with Poland

The Minister of Industry, Trade and Investment, Mr Adeniyi Adebayo, has reiterated Federal Government’s commitment to strengthen relationship between Nigeria and Poland in terms of trade, commerce and industrialisation.

Nigeria listed among ‘Top-20 improvers in Doing Business for the year 2020’

An annual report published by the World Bank has listed Africa’s largest economy country, Nigeria, among the top 20 improvers in doing business.

My billionaire client is fraudster, threat to national security – lawyer tells court

Justice Christopher Balogun of the State High Court at the Tafawa Balewa Square, TBS, Onikan, Lagos, on Wednesday, remanded Abubakar Peters, Chairman, Nadabo Energy Limited, in prison for plotting to evade trial and abscond from the country.

NSITF institutes safe workplace intervention project

The Nigeria Social Insurance Trust Fund (NSITF), in collaboration with the Nigeria Employers Consultative Association (NECA), has Instituted a Safe Workplace Intervention Project (SWIP), to minimise the rate of industrial accidents and promote a safe workplace.
The Presidential Election Petition Tribunal has upheld argument by President Muhammadu Buhari that it lacked the jurisdiction to entertain allegation of corrupt practices and voters’ inducement raised against Vice President Yemi Osinbajo in the petition by Atiku Abubakar and the PDP.

VP Osinbajo shifts base to Kebbi for MSME Clinics

The 24th edition of the Micro, Small and Medium Enterprises (MSME) Clinics will hold on Thursday in Kebbi with Vice President Yemi Osinbajo in attendance.
Abubakar Adamu Mohammed

Group commends police over arrest order on IMN, seeks extension to IPOB

A group known as the Citizens Action for Change (CAC) has welcomed the police arrest order placed on identified leaders of the Islamic Movement in Nigeria (IMN) across the country.
An Ilorin, Kwara State lawyer Olarewaju Aluko and his client, Taiye Na’Allah, on Thursday sued the Economic and Financial Commission (EFCC) at a Kwara State High Court for alleged defamation of character.

EFCC arrests wonder bank operators over alleged N2 billion scam

Operatives of the Economic and Financial Crimes Commission, EFCC, Port Harcourt Zonal Office, have arrested 19 staff of a fake investment company allegedly floating a Ponzi Scheme, with which they have defrauded members of the public N2,000,000,000.

How Customs contribute to port congestion – task force

The Nigeria Customs Service, NCS, has been accused of contributing to the current congestions being experienced in the ports as empty containers that ought to have been inspected by the men and officers of the agency are abandoned for days on barges at the terminals’ waterfronts.

FBI burst: Nigeria to repatriate funds stolen by fraudsters – NFIU

The Federal Government has begun the process of repatriating funds allegedly stolen by Nigerian fraudsters from individuals and corporate organisations in the United States of America and other parts of Europe.

CAC updates registration for SMEs, others

In line with the ease of doing business policy, the Corporate Affairs Commission (CAC), has made changes to the pre-incorporation and post-incorporation processes on its portal.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

Presidency moves to strengthen fiscal discipline in Aso Rock

The Anti-Corruption and Transparency Monitoring Unit, ACTU, in the Presidency, yesterday declared the unit’s willingness to partner with MBA Forex and Capital Investment Limited to improve a culture of accountability and transparency in the country.

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Edo Assembly confirms chief judge-designate

The Edo House of Assembly on Wednesday confirmed Mrs Esther Edigin as the Chief Judge of the state. Her confirmation followed the request of Gov. Godwin Obaseki in a letter to the Assembly dated November 8.
Benin Republic’s coach Michel Dussuyer is optimistic ahead of his side’s 2021 African Cup of Nations (AFCON) qualifier against Nigeria at the Godswill Akpabio Stadium, Uyo today.

AFCONQ: No shame in losing to Super Eagles – Benin coach

Benin Republic head coach Michel Dussuyer admitted that the Squirrels lost to a superior opposition following their 2-1 defeat to Nigeria in Wednesday’s 2021 Africa Cup of Nations qualifying fixture at the Akwa Ibom International Stadium, Uyo.
The minister of Finance, Budget and National Planning Mrs Zainab Ahmed disclosed this on Tuesday during her maiden meeting with top officials of the two merged ministries at the headquarters of Budget and National Planning in Abuja.

Most bad roads don’t belong to federal government – minister

The Minister of Finance, Budget and National Planning, Zainab Ahmed, stated this on Wednesday after the Federal Executive Council meeting presided over by Vice President Yemi Osinbajo.

OAU professor lists ways to attain SDGs

A Professor of Mathematics from the Obafemi Awolowo University, OAU, Ile Ife, Samuel Segun Okoya, has hinged attainment of the Sustainable Development Goals (SDG) 4, which is ‘Quality Education’ by 2030 in Nigeria on effective passage of knowledge and its correct application by the society.