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PDP Rejects Buhari’s Decision To Increase VAT…Urges NASS To Protect Nigerians.

The Peoples Democratic Party (PDP) condemns and totally rejects the decision by President Muhammadu Buhari and his officials to increase the Value Added Tax (VAT) from 5% to excruciating 7.2%, saying Nigerians cannot bear such burden under the prevailing agonizing economic situation. The party says the decision is anti-people, suppressive …

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How Presidential Task Force ‘Feast’ On Apapa Tarffic Gridlock

The Maritime Reporters’ Association of Nigeria (MARAN), has raised an alarm over how a Presidential Task Force put in place to monitor as well as manage the endemic Apapa ports city traffic gridlock has allegedly turned their job into illegal avenues for extortion of motorists and other ports users. In …

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FirstBank Convenes Digital Lab Open House, Reinforces Digital Reinvention In Banking

In an effort to stimulate innovation through synergy, First Bank of Nigeria Limited hosted the Digital Lab Open House on Wednesday, 31 July 2019 at its Digital Lab in Yaba Lagos. The Digital Lab Open House is amongst the many events lined up for the group Innovation Week held 29 …

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MTN Changes Recharge Card Loading Pattern and Reduces Card Pin

Africas leading cellular telecommunications company, MTN Nigeria, has modified the recharge card loading sample and lowered the card pin.. The most recent MTN card now has 10 digit recharge pin and new loading code *3551*10 digit pin#. Recall that before, the MTN pin used to be 12 digits but was …

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1.2 Million Metric Tons of Poultry Meat Smuggled into Nigeria – CBN

The Central Bank of Nigeria (CBN), has revealed that over 1.2 million metric tons, MT of poultry meat is smuggled into Nigeria from Benin Republic. The CBN governor, Godwin Emefiele who described the development as unfortunate, pledged that the apex bank under his leadership would stop it. The governor identified …

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Multichoice Appeals Against 5.9bn Judgement

Multichoice, Nigeria digital pay television provider has filed an appeal against the judgement of a Federal High Court, Lagos that ordered it to pay N5.9bn to the Musical Copyright Society of Nigeria (MCSN) over infringement of the copyright of Nigerian musicians. It was a legal battle that has spanned eight …

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Air Peace Boss, Onyema Heads Panel at LAAC Seminar

By Margaret Olubi Barrister Allen Onyema, the Chairman of Air Peace will set the tone for panel discussions at the forthcoming 23rd Annual Conference of the League of Airport and Aviation Correspondents (LAAC), which will see CEOs of airlines discuss burning industry issues with heads of aviation agencies and other industry …

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First Bank Boss, Adeduntan Preaches Values to Youths

The Chief Executive Officer of First Bank of Nigeria Limited, Adesola Adeduntan, has encouraged children to cultivate the habit of showing kindness to people around them irrespective of class, race or circumstance. Adeduntan gave the charge on Wednesday, 3rd July while espousing the Bank’s values-promoting initiative, ‘Start Performing Acts of …

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MMIA: NDLEA Seizes 146.820kg ofIllicit Drugs in 6 Months, Arrest 33 Suspects

By Gboyega Adeoye The National Drug Law Enforcement Agency (NDLEA) at the Murtala Muhammed International Airport (MMIA), Lagos Command, has recorded a seizure of 146.820 kilograms of drugs from 33 suspects. The seizures were made between January and June this year, representing the mid-year operational report. The NDLEA Airport Commander, …

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Oil Prices Fell as Market Awaits G20, OPEC Meeting

Oil prices dropped on Thursday, erasing some of the previous session’s strong gains, as traders eye the G20 summit in Japan and a meeting of the Organization of Petroleum Exporting Countries, OPEC, and other oil producers to decide on an extension of output cuts. Brent crude futures were down 44 …

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