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Finance

FIRS Chairman Zacch Adedeji has told the House Committee on Finance that the new tax reform bills not aimed at increasing taxes
17 Oct
The Chairman of the Federal Inland Revenue Service (FIRS), Zack Adedeji, has said that the four tax reform bills recently presented to the National Assembly are not aimed at increasing taxes or introducing new taxes into the nation's tax system. He explained that the proposed legislation seeks to harmonise tax laws currently scattered across different…
Finance Minister and Coordinating Minister of the Economy, Wale Edun, recently inaugurated the new board of the Nigeria Sovereign Investment Authority (NSIA)
31 Aug
Finance Minister and Coordinating Minister of the Economy, Wale Edun, recently inaugurated the new board of the Nigeria Sovereign Investment Authority (NSIA) at the Ministry of Finance Headquarters. This newly appointed board comprises distinguished professionals from various sectors, carefully selected through deliberations and recommendations made by the Executive Nominations Committee. The final approval was given…
1 Apr
Zamfara State Governor, Dauda Lawal, has said that he has never approached the Debt Management Office (DMO) for any loans since the inception of his administration on May 29, 2023. “We want to make a clarification on the position of the Debt Management Office report that the Zamfara State government borrowed N14.26 billion,” Lawal said…
13 Feb
In a recent digital media publication titled “Africa's FinTech Sector: The Youth, Mobile, and the New Money Trail” accompanied by a communication on X (formerly Twitter) by UNIPESA, a financial services company based in Dubai, United Arab Emirates, the transformative role certain financial technology institutions play within the ecosystem, especially in Africa was pinpointed, and…

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In a move aimed at repositioning the party in Rivers State, the Peoples Redemption Party (PRP) has inaugurated a 5-man Caretaker Committee (CTC) to pilot the party's affairs for the next eight months. The inauguration ceremony, which took place in Port Harcourt, saw Nature Dumale Kieghe sworn in as the Acting State Chairman of PRP,…
11 mins ago
The Nigeria Centre for Disease Control and Prevention (NCDC) has issued a comprehensive public advisory on Lassa fever, warning that it remained a significant public health threat. Dr Jide Idris, NCDC’s Director General, revealed the concerning trend to newsmen on Monday in Abuja, urging Nigerians to adopt preventive measures as cases continue to rise during…
12 mins ago
Lagos State government has threatened to shut any motor parks not complying with the state's zero tolerance for noise pollution, reaffirming that it will enforce the law against noise pollution vigorously during this yuletide period. The Commissioner for Environment and Water Resources, Mr. Tokunbo Wahab, stated this on Monday during a press briefing to warn…
17 mins ago
The Federal Government has successfully prosecuted 1,743 terrorism-related cases between 2017 and 2024, leading to 742 convictions, while 888 individuals were discharged and acquitted due to insufficient evidence or other reasons. Ninety-two cases remain adjourned. This information was disclosed by the Director of Public Prosecution of the Federation, Mohammed Babadoko, during a press briefing in…
18 mins ago
Africa is on the verge of a digital transformation, with Artificial Intelligence (AI) playing a pivotal role in reshaping industries, improving public services, and enhancing everyday life. TeKnowledge, a leading technology services provider specialized in AI adoption and cybersecurity, is at the forefront of this movement, leveraging new tools to empower Nigerian businesses and the…
19 mins ago
A two-term member of the Edo State House of Assembly, Ojezele Osesua, has dumped the Peoples Democratic Party (PDP) for the All Progressives Congress (APC). Osesua, representing Esan South-East Constituency, announced his defection on Monday in Benin at a news conference held at the APC state secretariat. The News Agency of Nigeria (NAN) reports that…
27 mins ago
Governor Ahmadu Fintiri of Adamawa has announced the creation of new Chiefdoms and Emirates for peace building and a major partner in managing the ungoverned spaces in the state. Fintiri announce this at the end of Year Statewide Broadcast in Yola on Monday. Fintiri said, Chiefdoms and Emirates created were the Hoba Chiefdom with headquarters…
32 mins ago
Governor Mai Mala Buni of Yobe has signed the state’s 2025 Appropriation and Finance Bills into laws. The News Agency of Nigeria (NAN) reports that Buni had on Oct 30, presented the bills worth N320.8 billion to the state House of Assembly for the 2025 fiscal year. The assembly had earlier passed the proposed expenditure…
40 mins ago
Serie A's bottom club Monza sacked coach Alessandro Nesta on Monday, a day after a 2-1 loss to Juventus left them five points adrift of safety. Nesta, a World Cup winner with Italy in 2006 as a player, lasted just 20 games in charge in all competitions after being appointed boss in July. "The club…
49 mins ago
Governor Lucky Aiyedatiwa of Ondo State has said his administration will continue to partner with the traditional institution to bring more development to the grassroots. The governor made the remark on Saturday at the 5th coronation anniversary of the Olowo of Owo in Ondo State, Oba Ajibade Gbadegesin, held at Mydas Resort in Owo. Aiyedatiwa,…