U.S. billionaire, Jeff Bezos, on Monday offered to cover up to $2bn in National Aeronautics and Space Administration (NASA) costs if the US space agency awards his company Blue Origin a contract to make a spacecraft designed to land astronauts back on the moon. The space agency had in April awarded SpaceX, owned by rival […]
President Muhammadu Buhari on Monday signed the 2021 Supplementary Appropriation Bill into law barely few weeks after its passage by the National Assembly. The Federal Executive Council (FEC) had about a month ago approved a draft supplementary budget of N895,842,462,917 for the year 2021. Briefing journalists at the State House on the signing of the […]
The Nigerian Communications Commission (NCC) has restated its commitment to continue to strengthen collaboration with judicial institutions as part of its efforts to further protect telecoms infrastructure in the country. The Executive Vice Chairman (EVC) of the Commission, Prof. Umar Danbatta, gave the assurance during a courtesy visit by a high-powered delegation of the Kano […]
The National Pension Commission (PenCom), on Monday disclosed that Nigeria’s pension fund assets had risen to N12.66 trillion even as contributors under the Contributory Pension Scheme (CPS) also rose to the 9.38 million as at June 30 this year. PenCom’s Director General, PenCom , Mrs. Aisha Dahir-Umar, who gave these figures during the 2021 Journalist […]
Lagos State Government has launched a pilot phase of its Lagos Bike Share Scheme with 1,000 bikes, in line with the United Nations’ Sustainable Development Goals (SDGs) of reducing green gas emissions globally, as part of its efforts to make the state more environment-friendly for lives and fauna. Speaking at the event held at the […]
South Korea on Monday indicated its intention to toughen a crackdown on tax evasion by cryptocurrency investors and high-income earners in the government’s renewed drive to boost the country’s revenue as President Moon Jae-in intensifies efforts to expand the tax base to fund increased welfare spending. Under the new drive, the government proposes revising tax […]
The South African Revenue Service (SARS) Customs Team at the weekend announced the development of a contingency plan to facilitate trade and to support Transnet. The Plan is an interim measure to ensure release of import and export cargo from and to TNPA and TPT has been implemented by SARS and Transnet SOC Ltd with […]
Aon, a leading UK-registered professional services firm, has projected that economic losses from the recent severe flooding across Europe could likely exceed US $10 billion. The brokerage firm’s another data indicated that the impacts of the devastating floods, which hugely damaged parts of Central and Western Europe this month, with Germany the country worst affected, […]
The Federal Government has approved the extension of the deadline for National Identity Number (NIN)-Subscriber Identity Module (SIM) data verification to October 31, 2021. To further consolidate on the successes recorded so far on the exercise, it also now begins to focus more on remote, hard-to-reach areas, schools and health centres nationwide. A statement jointly […]
There are growing concerns among UK consumers that the COVID-19 pandemic-spurred disruptions in the global food supply chain may cause rises in food prices soon as the country’s Consumer Prices Index (CPI) rose by 2.5% in June 2021, the highest level for three years. A news report sourced by our correspondent from the conversation.com, an […]