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Central bank issues new directive on payment of salaries, pension taxes

The Central Bank of Nigeria (CBN) has issued a directive for the commencement of the end-to-end electronic payment of salaries, pensions, suppliers and taxes in the country.

UTME: JAMB records N1.2 billion revenue in one week

The Joint Admissions and Matriculation Board (JAMB) has announced that it made a total sum of N1.3 billion between January 18 and 24, 2019 as revenue.
Protesters take part in an anti-government demonstration called by the Yellow Vest movement near the Hotel des Invalides in Paris on January 19, 2019. ‘Yellow vest’ protesters take to the streets on January 19 for 10th consecutive Saturday.Valery HACHE / AFP

President Macron’s debate put to test as ‘yellow vests’ stage tenth protest

France’s “yellow vests” took to the streets on Saturday for a 10th straight weekend of anti-government protests, defying attempts by President Emmanuel Macron to channel their anger into a series of town hall debates.

Forbes ranks Nigeria 110th best country for business

The magazine said it compiled the list by rating 161 countries on 15 factors: property rights, innovation, taxes, technology, corruption, infrastructure, market size, political risk, quality of life, workforce, freedom (personal, trade and monetary), red tape and investor protection.
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Ayodele Fayose’s former appointees dump PDP, join APC

No fewer than 500 political appointees and elected officials under the first and second term of the immediate past governor of Ekiti State, Mr. Ayodele Fayose, on Tuesday defected to the All Progressives Congress (APC) in Ado Ekiti.

Yemi Osinbajo heads to Berlin, to address German business community on Monday

Vice President Yemi Osinbajo to address a group of notable German business leaders in Berlin, Germany, on Monday

Kaduna, Kano drag federal government agencies to tribunal over unremitted taxes

Kaduna and Kano State governments through their Boards of Internal Revenue have taken some federal government agencies to the North West Zone of the Tax Appeal Tribunal.

Turkish Airlines surpasses $1 billion profit mark in 9 months

Despite the increasing fuel prices due to its increasing demand and unit revenues, Turkish Airlines posted profit from main operations of USD 1 billion 149 million, in the first 9 months of 2018.
MUHAMMADU BUHARI 4

Executive Order: Muhammadu Buhari tightens tax, money laundering rules

The Muhammadu Buhari administration is stepping up the regulations on money laundering and tax evasion by releasing a new Executive Order number eight, tagged Voluntary Offshore Assets Regularization Scheme (VOARS).
President Buhari receives in Courtesy visit H.E. Thabo Mbeki Chairperson AU High Level Panel on Illicit Financial Flows from Africa in State House on 4th Oct 2018 1

Thabo Mbeki: Africa loses $80 billion to illicit financial outflow

Chairman, African Union High Level Panel on Illicit Financial Flow (IFF) from Africa, Mr. Thabo Mbeki, yesterday lamented that the continent loses about $80 billion annually to illicit financial out-flows and called for a united response to put an end to it.

Keystone Bank sued for alleged non-remittance of $17 million to TSA

An Abuja-based lawyer, Johnmary Jideobi, has sued Keystone Bank for alleged violation of the Treasury Single Account (TSA) policy.
Forbes

Forbes ranks Rwanda, South Africa over Nigeria on ‘investor protection’

The report said in the period under review, Nigeria experienced positive economic growth driven by its agriculture, telecommunications and services sector.

NECA urges federal government to compel banks to stop stamp duty deductions

The Nigeria Employers’ Consultative Association (NECA) has again called on the Federal Government to compel commercial banks to discontinue the deduction of N50 as stamp duties from the accounts of customers.
Nana Addo Dankwa Akufo-Addo is a Ghanaian politician currently the President of Ghana, in office since January 2017.

Ghana introduces tax on luxury vehicles

Ghana has imposed introduced a tax on luxury vehicles and the collection of the taxes would commence on Wednesday, (today), August 1.

Ekiti guber: Don’t compromise INEC officials – Kayode Fayemi warns Ayo Fayose

The Kayode Fayemi Campaign Organisation has warned Governor Ayodele Fayose against bringing adhoc staff of the Independent National Electoral Commission into a rigging plot aimed at undermining the integrity of the July 14 governorship poll in Ekiti State.
Chairman, Enugu State Internal Revenue Service, Mr. Emeka Odo

Enugu government abolishes property, tenement rates

In a bid to streamline taxes and encourage investment, the Enugu State Government has declared property and tenement rates illegal.

Ugandan civic groups file suit challenging social media tax

Ugandans pay 200 shillings (0.0517 dollars) per day to access Facebook, Twitter, WhatsApp, YouTube, Skype and other phone apps under the tax introduced on Sunday.

Ekiti guber: Ex-Minister Fayemi slams Governor Fayose for not disclosing IGR in 4 years

The All Progressives Congress (APC) governorship candidate in Ekiti State, Dr. Kayode Fayemi, on Monday accused the administration of Gov. Ayo Fayose of inflicting untold hardship on the people in the last four years.

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Some vehicles engaged in election duty were destroyed in a pre-election crisis that erupted in Obot-Akara Local Government Area of Akwa Ibom on Friday, the state Resident Electoral Commissioner (REC), Mike Igini, has confirmed.

Police apprehend 10 over alleged destruction of INEC vehicles in Akwa Ibom

The Akwa Ibom Police Command says it has arrested 10 persons suspected of setting ablaze, 11 vehicles of the Independent National Electoral Commission (INEC) for the coming general elections.
President Buhari attends APC Caucus Meeting at the APC Headquarters in Abuja on 18th Feb 2019-2

APC caucus directs members to continue campaigns till Thursday

The National Caucus of the All Progressives Congress rose from its emergency meeting on Monday with a directive to all party members to resume nationwide campaigns ahead of the presidential and National Assembly elections scheduled for Saturday.

General Babangida disowns social media accounts bearing his names

Former Military President, President Ibrahim Badamasi Babangida, has disowned various social media accounts bearing his name declaring that they are fake and are convener of fake news.

Election postponement: Aero, Arik slash fares to encourage voters

Nigerian carriers, Aero Contractors and Arik Air, have introduced promo fares to help Nigerians who wish to travel to go and vote during the 2019 General Elections.

NDLEA urges Air Peace to check drug peddlers on its flight

The National Drug Law Enforcement Agency (NDLEA), has urged Air Peace crew to consider their role in exposing drug couriers as a commitment to save lives.