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MTN Nigeria asks tribunal to rule on tax treatment of $1 billion fine

MTN Nigeria has asked a Nigerian tax tribunal to rule on whether the company should pay corporate tax on a 330 billion naira ($1.1...

FG says more modular refineries coming soon

The Federal Government says it expects more modular refinery operators who obtained licence to begin operations soon. Mr Ahmad Shakur, Acting Director in the Department...

FAAN suspends official who allegedly stole at Yola Airport

The Federal Airport Authority of Nigeria, FAAN, on Friday announced the suspension of an officer at the Yola Airport. The agency made this known in...

NNPC: No plan to relocate NGC from Niger Delta

The Nigerian National Petroleum Corporation (NNPC), Sunday, described as false, claims that it plans to relocate the headquarters of its subsidiary, the Nigerian Gas...

NNPC urges the public to ignore antics of fraudster in social media

The Nigerian National Petroleum Corporation (NNPC) on Saturday, alerted the public on the existence of a trending fake Linkedin profile of its Chief Operating...

Business activities improve in July (PMI) – CBN

In spite of global trade tensions and delays in the appointment of key officials to kick start the economy, business activities remained positive as...

SON seizes substandard LPG cylinders

The Standards Organisation of Nigeria (SON) has seized a 40 feet container stocked with substandard LPG cylinders worth over N38 million. Director-general, SON, Osita Aboloma,...

Banks’ profit up by 106% to N310 billion in 2018 – NDIC

The banking industry recorded 106 per cent increase in profitability to N310 billion in 2018 from N150 billion in 2017. The upsurge in profitability was...
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