Framework

President Muhammadu Buhari on Thursday directed the Federal Inland Revenue Services (FIRS) and related government agencies to plug all revenue leakages by ensuring strict compliance of tax payments by foreign companies operating in Nigeria, urging the deployment of more digital platforms and seamless connections.

The Executive Vice Chairman of the Commission, Professor Umar Danbatta disclosed this while reeling out industry growth data at a briefing for the new Permanent Secretary of the Federal Ministry of Communications and Digital Economy, Engr. Festus Yusuf Daudu, on the functions and regulatory activities of the Commission in Abuja.

Google and a French publishers’ lobby said on Thursday they had agreed a copyright framework under which the U.S. tech giant will pay news publishers for content online, in a first for Europe.

Alphabet’s Google and French publishers said on Thursday they had concluded an agreement over copyrights, the first in Europe under which the U.S. tech giant will sign a general framework to pay publishers for content.

Festus Marinho, the first group managing director (GMD) of Nigerian National Petroleum Corporation (NNPC), died at age 87 on Tuesday.

China’s central bank proposed stepping up anti-trust measures to rein in payment firms such as Ant Group’s Alipay and Tencent’s WeChat Pay, which dominate the non-bank payment industry.

Mr. Osibanjo flagged off the administration’s Economic Sustainability Plan’s (ESP) in Abuja on Tuesday, saying the cash transfer scheme will be facilitated through a wholly technology-based approach called the Rapid Response Register (RRR).

Access Bank Plc has unfolded plans to expand to eight more African countries as part of a strategy to support trade and finance in the continent and take advantage of the newly formed African Continental Free Trade Area (AfCFTA).

This was announced in a circular issued to all deposit money banks, mobile money operators and payment service providers on Monday and signed by Musa Jimoh, the director of payments system management department, and Kevin Amugo, director of financial policy and regulation department.

The Nigeria Centre For Disease Control (NCDC) on Monday called on the private-owned laboratories in Nigeria to support the country’s testing capacity for the novel Coronavirus (COVID-19).

The supporting role being played by a former president, Goodluck Jonathan, towards reviving the stalled constitutional review process in The Gambia has begun to bear fruits, an official has said.

The Hong Kong government said it “strongly” objects to a U.S. congressional report critical of Beijing’s handling of the city, calling the report “biased, politically motivated and not reflecting the truth”.

Europe’s populist leaders are outraged by the decision of U.S. social-media giants to block U.S. President Donald Trump from posting on their sites. They fear Facebook, Twitter and other major social media companies could start banning them, too.

The Registrar-General/Chief Executive, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar, yesterday said all accredited customers must revalidate their accreditation with the commission before the end of March or have their respective accounts suspended.

Chancellor Angela Merkel believes that the decision by social media giants to permanently suspend Donald Trump’s accounts is problematic because freedom of opinion should not be determined by such online platform bosses, her spokesman said Monday.

The pact between the federal government and the power Distribution Companies (Discos) to supply and install one million meters between last October and December did not come close to hitting target, as only 16,308 of the projected installations, representing 1.6 per cent, was done at the end of November.

As hopes of recovering outstanding N4.4 trillion debt dim, the Asset Management Corporation of Nigeria (AMCON) has cried out to all relevant government agencies and stakeholders to join its debt recovery drive as failure to achieve this golden objective will further wreck the economy.

A top United States envoy has visited contested Western Sahara after Washington recognised Morocco’s sovereignty there in exchange for Rabat normalising ties with Israel.