The Nigerian National Petroleum Corporation said on Sunday that it suffered a 94 per cent increase in willful hacking and destruction of its pipeline infrastructure across the country in November 2019. The NNPC said in a statement that its monthly financial and operations report for November showed that 68 pipeline points were vandalised, compared to […]

PRESIDENT Muhammadu Buhari says the Nigerian Constitution barred him from interfering in the dispute between Gov. Abdullahi Ganduje and the Emir of Kano, Muhammadu Sanusi II. The News Agency of Nigeria (NAN) reports that the Emir of Ningi, Alhaji Yunusa Danyaya, had on Thursday pleaded with Buhari to save the traditional institution in the North […]

The Executive Chairman of the Federal Inland Revenue Service, Mr Muhammad Nami,  has said that the tax collection reform currently being implemented by the service under his watch will help to block about $10bn tax leakage by multinational companies. He said this on Friday in Abuja at the opening session of the FIRS’ 2020 management […]

The Nigeria Customs Service has said it will hand over the $8,065,612m intercepted at the Murtala Muhammed International Airport, Lagos to the Economic and Financial Crimes Commission and the suspects for investigation and prosecution. The Comptroller-General of the NCS, Col. Hameed Ali (retd.), said this in Abuja on Thursday when he appeared before the House […]

The Federal Government spent a total of $1.08bn (N400.90bn) on external debt servicing between January and September 2019. Data obtained from the Debt Management Office revealed that in the nine-month period, $279.63m (N103.46bn) was paid to multilateral sources such as the International Bank for Reconstruction and Development and the International Development Association. A total of […]

The Kaduna State Governor, Nasir El-Rufai, has revoked the Certificate of Occupancy belonging to the Durbar Hotel on Muhammadu Buhari Way by Independence Way in the state capital. The governor said the property was revoked because the management of the hotel belonging to the late Gen. Sani Abacha family owed the state a ground rent […]

Human rights activist, Chief Mike Ozekhome (SAN), has lamented the refusal of the Economic and Financial Crimes Commission to release his client, Mr Bello Adoke, the immediate past Attorney General of the Federation. Ozekhome in a statement on Thursday said it was unfortunate that about a week after Justice Idris Kutigi of an FCT High […]

President Muhammadu Buhari said on Thursday that his administration was on course in fulfilling its promise to end Boko Haram insurgency, banditry and kidnapping in the country. He stated that much had been achieved in that direction since 2015, adding that with a re-equipped Armed Forces and the support of Nigerians, insurgency, banditry and kidnapping […]

The Presidential Enabling Business Environment Council has introduced its fifth National Action Plan aimed at rapid implementation of reforms for further improvement of the ease of doing business in Nigeria. The NAP 5.0, which was launched at the FCT Lituationsubnational ease of doing business event by the Minister of the Federal Capital Territory and member […]

An individual may no longer be able to own more than three phone lines going by a directive handed down to the Nigerian Communications Commission by the Minister of Communications and Digital Economy, Dr Isah Pantami. The directive was based on security considerations. Pantami directed the NCC to revise the policy on SIM card registration […]