Expensive Diesel and The Expansive Economic crisis

By Dakuku Peterside Diesel has become a local symbol of the global energy crisis and Nigeria’s expansive economic woes. The astronomical rise in the price of diesel, the fuel that powers a large part of the industrial, commercial, and domestic activities in the Nigerian economy, has sent chills and ripples throughout the economy, from manufacturing […]

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Hackers can unlock, steal your vehicles, NCC alerts Nigerians

…Warns of vulnerability to new Android trojan apps The Nigerian Communications Commission (NCC) has alerted telecom consumers and members of the public on an ongoing cyber-vulnerability that allows a nearby hacker to unlock vehicles, start their engines wirelessly and make away with the cars. Dr. Ikechukwu Adinde, Director, Public Affairs, NCC disclosed this in a […]

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FAAC shares N725.571bn March 2022 revenue to FG, States, LGs

The Federation Account Allocation Committee (FAAC) has shared a total sum of N725.571 billion March 2022 Federation Account Revenue to the Federal Government, States and Local Government Councils.   This was contained in a communiqué issued at the end of a virtual meeting of the Federation Account Allocation Committee (FAAC) for April 2022. The N725.571 […]

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Tax Harmonization and Prospects for the Nigerian Economy

By Kelechi Okoronkwo To harmonize means to produce a pleasing combination; the way it happens in music production. Different sounds and notes are blended to produce harmony; and that is when a musical piece is pleasing. For taxation to be pleasing, there is need to harmonise the tax system. The above analogy was the opening […]

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How NASS approved Buhari’s N4 trillion request for petrol subsidy

By Haruna Salami The National Assembly, on Thursday, passed a revised budget of N17,319,704,091,019 trillion for the 2022 fiscal year. The approval came with the passage of a bill to amend the 2022 Appropriations Act transmitted to the National Assembly on 10th February, 2022, by President Muhammadu Buhari for consideration. Chairman Senate Committee on Appropriations, […]

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That PDP may not sail against the wind in 2023, By Majeed Dahiru

                                                                                                            At a time that elements of the conservative northern political establishment in the ruling All Progressives Congress [APC] appears to have resolved to shift presidential power to the south of Nigeria in 2023, the liberal northern politicians in the opposition Peoples Democratic Party [PDP] seem determined to retain power in the northern region […]

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Bumper Harvest: Zenith Bank pays N97.33bn dividend

Shareholders of Zenith Bank Plc, at the 31st Annual General Meeting (AGM) of the bank held on Wednesday, April 6, 2022, at the Civic Centre, Victoria Island, Lagos, unanimously approved the proposed final dividend, expres sing delight at the final dividend payment of NGN2.80 per share which brings the total dividend for the 2021 financial […]

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The Eagle Online Publisher speaks on strategic approach to survive harsh economy

Nigerians have been encouraged to embrace and sustain saving culture as one of the strategic and shrewd approach to make headway in the country’s distressed economy. The Managing Editor/CEO, Premium Eagle Media Limited, publishers of The Eagle Online newspaper, Dotun Oladipo, gave the advice at the 2022 Annual General Meeting of a non-governmental organisation, Ikhwan […]

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Witness reveals how suspect deposited fake €482,000 in Bank

The trial of Saidu Abdu Abdullahi, a self-acclaimed Malaysian-trained software engineer, continued today, January 21, 2022, before Justice A.O. Awogboro of the Federal High Court, Ikoyi, Lagos, with the first prosecution witness, PWI, Chuks Igboerika, revealing to the court how the defendant had deposited fake Euro notes to the tune of €482,000 at the Ajah-Lekki […]

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