Nigeria will next Tuesday in Abuja host a sub-regional conference that is expected to be attended by policy makers and stakeholders in the digital economy ecosystem in West Africa. The Digital Economy Regional Conference is convened to discuss the future of digital economy and intensify regional public-private partnerships for the region. The event is being […]
Nigeria’s equities market closed positive on Monday, as bulls took hold of the trading session, thereby boosting the broad market’s performance with JOHNHOLT topping the 18 gainers’ table. At the close of the trading session, the All-share Index (ASI) appreciated by 0.11% to close at 52,657.69 points just as the market capitalization grew by N18 […]
The Federal Inland Revenue Service (FIRS) reported on Monday that it collected over N10 trillion in tax revenue in fiscal year 2022, represented the highest tax collection ever recorded in its history. The Service made this known in its “FIRS 2022 Performance Update,” report signed by its Executive Chairman, Mr. Muhammad Nami, and released to […]
The Naira appreciated in exchange for the US dollar at the parallel market on Monday, trading at an average of N745/$1 in the morning hours of the day, compared to N746/$1 it exchanged during last Friday’s trading session, representing a 0.13% gain by the local currency. Some market traders confirmed that the gain recorded by […]
The Lagos State Internal Revenue Service (LIRS) has reaffirmed that January 31, 2023, remained the deadline for filing of annual tax returns by employers of labour in the state. The Executive Chairman of the Service, Mr. Ayodele Subair, in a statement signed on Sunday by the Head, Corporate Communications of LIRS, Monsurat Amasa, reminded all […]
The Nigerian Airspace Management Agency (NAMA) has sent a Notice To Airmen (NOTAM) to airline operators and other stakeholders on its plans to repair some portions of the international runway of the Murtala Muhammed Airport (MMA), Lagos. The agency, in the notice NOTAM on the runway, which is also known as 18R/36L, stated that it […]
The Nigerian Communications Commission (NCC) at the weekend reported that Nigeria’s active subscriptions for telecommunications services in the four mobile networks of MTN, Airtel, Glo (Globacom), and 9Mobile increased to 222 million at the end of 2022, indicating a 14% growth above the 195 million subscriptions in December 2021. The telecom industry regulatory commission, in […]
The Federal Government has released a list of 3,032 defaulters in the mining industry which also reflected that 3,402 titles were revoked. The Director General of Nigeria Mining Cadastre Office (NMCO), Engr. Obadiah Nkom, made this disclosure during a State House briefing organised by the Presidential Communications Team on Thursday in Abuja. According to him, […]
The Nigerian Communications Commission (NCC) has signed a revised Memorandum of Understanding (MoU) with National Lottery Regulatory Commission, (NLRC) to prevent unapproved lottery and gaming practices on telecommunications platforms through information and intelligence sharing. Speaking on the revised pact, the Executive Vice Chairman of NCC, Prof. Umar Danbatta, explained that the MoU aligned with the […]
The Nigeria Customs Service’s (NCS’) Murtala Muhammed International Airport (MMIA) Lagos Command has reported that it generated N20.9 billion into the federation account in 2022 fiscal year, representing a marginal improvement over the N19 billion it generated as revenue in 2021 The spokesperson of the command, Mrs. Juliana Tomo, who gave these figures in a […]