Category: Business

OPC condemns FG’s loans, say it is mortgaging Nigeria to China

The Oodua Peoples Congress (OPC) has condemned the Federal Government’s action on the loan arrangements with China, saying the government is tying the nation to the...

We won’t accept theft of our Tick Toks.Technology, China to U.S.

The trade war between the United states and China continues Monday with Chinas declaration that it will not accept the U.S.’ “theft” of a Chinese technology...

Rising cases of COVID-19: Again oil prices crash

  Apprehension over rising fresh wave of Coronavirus as a result of new oil demand has led to price crash in international oil market. This new infections around...

Alleged misrepresentation of facts

Make our external loans profolio public – Falana, others tell FG

…Surge in nation’s debts A coalition, Alliance for Surviving COVID-19 and Beyond (ASCAB), has charged the Federal Government to make full public disclosure of...

Illegal taxation: Drivers withdraw service in Calabar

  Commercial taxi drivers in Calabar on Monday withdrew their services to protest alleged illegal taxation by some thugs and local government officials in the...

COVID-19: Taxation sustaining Nigeria -Nami

Tax revenues generated by the Federal Inland Revenue Service, FIRS, have kept the Nigerian economy going despite the ravages of the COVID-19, Executive Chairman, FIRS,...

We are not leaving Nigeria – Shoprite

…..But new investors may consider name change Shoprite has dismissed reports that it is planning to exit Nigeria, describing them as false. The Country Director...

AIICO gross written premium hits 39.9bn

AIICO Insurance Plc has reported a Gross Written Premium (GWP) of ₦31.9 billion as at June 2020, which signifies a 26 per cent increase, compared to N25.4 billion...

Elumelu of UBA denies involvement in NITEL’s liquidation

Tony Elumelu, United Bank for Africa Chaiman has denied involvement in the Nigeria Telecommunication Company (NITEL) N41 billion liquidation fraud allegation. a. In the...

NIN-SIM: SERAP sues Buhari over failure to unblock phone lines of 72 million subscribers

SERAP asks court to order Buhari to publish details of govt loans since 2015

Socio-Economic Rights and Accountability Project (SERAP) has asked the Federal High Court, Abuja to order President Muhammadu Buhari to “publish details of loans that...