NEWS

U.S. government agencies that had largely shuttered operations for five weeks during a budget standoff said on Saturday they were moving swiftly to resume operations and compensate employees for missed paychecks. Federal workers are owed about $6 billion in back pay, according to a study released last week. The White …

In demonstration of his commitment to fast track the provision of critical infrastructure, President Muhammadu Buhari has signed Executive Order 007 of 2019 on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme. The Order signed at the State House, Abuja on Friday, January 26, 2019 would fast track pilot …

Hopes were fading Saturday January 26, 2019 that rescuers would find more survivors from at least 300 missing after a dam collapse at a mine in southeast Brazil, with nine bodies so far recovered. Seven bodies were recovered Friday hours after the disaster, after a torrent of mud broke through …

Justice Tanko Muhammad, Acting Chief Justice of Nigeria (CJN) has urged the 250 appointed Chairmen and members of the Election Petition Tribunals to be guided by the fear of God in the performance of their duties. The new Acting CJN, who replaced Justice Walter Onnoghen gave the charge on Saturday …

The remains of the late 15th Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh, were on Wednesday January 23, 2019 lowered into the grave at the National Military Cemetery in Abuja. The ex-CDS, who served under ex-President Goodluck Jonathan, was shot and killed by unidentified gunmen on the …

…Sustaining The Zenith Bank Industry Leadership It is no longer news that Mr. Peter Amangbo, the Group Managing Director/CEO of Zenith Bank Plc, is won the Vanguard Newspapers Banker Of The Year, 2018, but according to the organisaers of the award Amangbo’s candidature was based on his leadership quality and …

Patrick Akinwuntan, Managing Director of Ecobank Nigeria, last week held a major engagement with the media since assuming office in the second half of 2018. In this interview with our reporter, Akinwuntan highlights prospects of the bank and also took a look at the Nigeria economy in 2019. Excerpt: What …

  For the eighth year in a row, Nigeria’s Aliko Dangote is Africa’s richest person. In the latest Forbes’ annual list of the continent’s richest, Dangote’s estimated $10.3 billion net worth, however, is nearly $2 billion less than a year ago, primarily due to a roughly 20% drop in the …

Employers have been directed to deduct Capital Gains Tax (CGT) from any sum paid to employees where their services are terminated. The directive came from the Lagos Inland Revenue Service (LIRS), who explained that such compensations are subject to taxation in section 6(a) of the Capital Gains Tax Act although …

The spiritual leader of Biafra Agitation Movement, Prophet Anthony Nwoko, says the death of some pro-Biafra agitators during the operation python dance in 2017, was due to Nnamdi Kanu’s disobedience to God. Recalls that the Nigerian Army carried out operation python dance in South East in 2017, during which Kanu’s community in Abia …