Income Tax: FIRS Inaugurates Online Portal for Financial Institutions

The Federal Inland Revenue Service (FIRS) says it has inaugurated a new Automatic Exchange of Information-Common Reporting Standard (AEOI-CRS) system for the use of financial institutions in the country. FIRS Director, Communications and Liaison, Mr Abdullahi Ahmad, said this in a statement in Abuja on Sunday. Ahmad said the step was part of the service’s ongoing reforms to align the nation’s tax system with global standards. He quoted the Executive Chairman, FIRS, Mr Muhammad Nami...

Alleged Misconduct: PCN Seals 157 Pharmacies, 791 Patent Medicine Shops in August-Registrar

The Pharmacists Council of Nigeria (PCN) has shut down 157 pharmacies and 791 patent medicine shops in Kano and Lagos in August over alleged operational misconducts. Dr Elijah Mohammed, PCN Registrar disclosed this in an interview with the News Agency of Nigeria (NAN) in Abuja on Saturday while giving an update of the council’s activities in August 2020. He noted that the council, in the course of its National Enforcement activity visited Lagos and Kano...

Do Local Refining to Eliminate Sector Problems – IPMAN

Alhaji Popoola Ogundoyin, an Executive Member of Independent Petroleum Marketers Association of Nigeria (IPMAN), says that unless Nigeria produces petroleum products through its refineries, the problems in the petroleum sector will persist. Ogundoyin stated this during an interview with the News Agency of Nigeria (NAN), on Saturday, in Ile-Ife. He expressed displeasure with the failure of public and private sector stakeholders to establish standard refineries across the country that would produce enough petroleum products for...

FG to Investigate Dominant Pay-TV Service Providers Over Illegal Conduct

The Federal Competition and Consumer Protection Commission (FCCPC)  has commenced an investigation into possible illegal conduct by dominant Pay-TV service providers in Nigeria. Babatunde Irukera, the Chief Executive Officer of the FCCPC disclosed this. “Upon credible information, public announcements by operators, and consumer perception analytics, the Federal Competition and Consumer Protection Commission (FCCPC) have opened an investigation into the conduct of dominant Pay-TV service providers,” the statement read. According to the Commission, in the last...

Over 50% of PR agencies in Nigeria Are Reporting Revenues Of Less Than N5 million, Nigeria PR Report 2020 Reveals

Global Media and Public Relations agency, BlackHouse Media (BHM), has announced the release of the fourth edition of its annual PR report. Reputed as Nigeria’s first-ever Public Relations annual report, it is dedicated exclusively to chronicling data on trends, perceptions, challenges and prospects within the dynamic industry. Since its debut five years ago, the razor-sharp Nigeria PR Report has lived to its billing as the most authoritative voice in PR measurement and evaluation in Nigeria...

President Muhammadu Buhari, among over 2,500 participants across the globe, is expected to participate in a virtual Banking and Finance Conference being organised by the Chartered Institute of Bankers of Nigeria (CIBN). Mr. Patrick Akinwuntan, Chairman, Consultative Committee of 13h Annual Banking and Finance Conference and MD/CEO, Ecobank Nigeria, made the disclosure in a statement on Sunday in Lagos. Akinwuntan said that the conference with the theme: “Facilitating a Sustainable Future: The Role of Banking...

Mr. Frank Tietie, an Abuja based lawyer and Human Rights activist, says the newly amended Company and Allied Matters Act (CAMA) poses no threat to religious freedom. Tietie spoke in an interview with the News Agency of Nigeria (NAN) on Thursday in Abuja. Recall that President Muhammadu Buhari signed CAMA into law on Aug. 7, to facilitate the ease of doing business in the country. But a part of the law, particularly section 839, was...

Unemployment Tragedies in Nigeria: Four PhD, 200 Master Holders Have Applied for FG ₦20,000 Contract Job

The tragedy of unemployment in Nigeria is taking another dimension in the public space with the published report of four Ph.D. holders and 200 master holders who have applied for the 774,000 Federal Government (FG) contract jobs which are just ₦20,000. According to the Ogun State Chairman of Special Public Works, Senator Gbenga Obadara in an interview with journalists, he disclosed that “Four Ph.D. and 200 master’s degree holders have applied,” for the FG contract...

Niger SDGs Trains 500 Youths, Women on Briquettes, Borehole Repairs

The Niger State Sustainable Development Goals (SDGs) has commenced training of about 500  youths and women in Briquette making and borehole repairs in Bida  Local Government Area of the state. News Agency of Nigeria (NAN) reports that Niger State Sustainable Development Goals (SDGs) had in July trained about 500 youths and women on Briquette making and borehole repairs in Zone B in Suleja Local Government Area of the state. Gov. Abubakar Bello while launching the...

The People’s Democratic Party Caucus in the House of Representatives has threatened to sue Federal Government over what it described as breached in relation to the FG’s Special Works Project designed to provide 774,000 jobs in the country. A few weeks ago, the caucus rejected the allocation of only 25 slots to members of the House of Representatives as against the 30 slots allocated to the upper chamber members. Also, 30 slots were allocated to...

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