The House of Representatives has advised the Federal Government to suspend the issuance of 30 per cent Export Expansion Grant (EEG) to exporters. The government was to resume the grant that was suspended by former President Goodluck Jonathan due to abuses it was subjected to at the time. Abuse had earlier led former President Olusegun

Read more...

The Federal Government yesterday banned the importation of vehicles into Nigeria through land boarders. The directive takes effect from January 1, next year. The Nigeria Customs Service (NCS), in a statement, said the prohibition is applicable to all new and used vehicles. According to the statement, the ban is predicated on the Presidential

Read more...

The Council of the Nigerian Stock Exchange (NSE) has kicked out three stockbrokers and an accountant for fraudulent sale of client’s shares. They are Mr. Taju Folaji, Mr. Ichie Mike Ejezie and Mr. Segun Adebayo Adams. The accountant is Mr. Olorunfemi Ayorinde. He could be reported to the Institute of Chartered Accountants of Nigeria (ICAN) for

Read more...

The Managing Director of Nigeria Deposit Insurance Corporation (NDIC), Alhaji Umar Ibrahim has called on depositors who lost their money in liquidated banks to file their claims through the zonal offices of the corporation or any of the 10 banks appointed for the payment across the nation. Alhaji Ibrahim, who spoke through the Director of

Read more...

Vice President Yemi Osinbajo yesterday in Kano said the Federal Government will roll out a new policy that will protect and encourage local farmers and manufacturers so that their products can reach the processing stage that will enable them to be ready for exportation so as to generate more foreign exchange for the country. Osinbajo who spoke

Read more...

The Nigeria Labour Congress (NLC) has called for sanction on those who failed to remit pension or unauthorised withholding of pension funds. Its President, Comrade Ayuba Wabba, said non-remittance of deductions or contributions by some employers, including federal and states government, constitute a threat to the pension scheme, subjecting

Read more...

Power generation has dropped from 4,285 megawatts recorded on September 16 to 3,321 megawatts due to dearth of gas, it was learnt. This figure, according to a report by the News Agency of Nigeria (NAN), was obtained from the website of Nigerian Electricity System Operator. The Transmission Company of Nigeria (TCN) puts the total output of

Read more...

More Articles...

Sweet Music, Sweet Talk !


STUDIO LINES:
0902-094-1071 | 0902-093-1071
0814-844-4994

Listen Live