THE Gombe State Internal Revenue Service (GIRS) has sealed the MTN Nigeria office located at Buba Shongo, in Gombe metropolis, over alleged failure to remit taxes owed to the state government. The enforcement, which took place on Tuesday, was part of a statewide compliance drive targeting corporate tax defaulters. The GIRS enforcement team, acting under […]
ALICK Kapikanya, who once tried to broker a deal to takeover Notts County and become a majority shareholder in Grimsby Town, has been sent back to his native Zambia after a 25-year battle against deportation. Kapikanya was jailed in 2014 for six years for heading up a group which targeted elderly homeowners in Manchester and […]
By MARTHA AGAS The Customs Consultative Committee (CCC) has endorsed the migration of traders from the Fast Track Scheme to the Authorised Economic Operator (AEO) programme. The committee says the transition will enhance international trade under the African Continental Free Trade Area (AfCFTA) agreement. Eugene Nweke, Secretary of the CCC, said this in an interview […]
AT the New Telegraph Awards/Dinner Night 2024, High Chief Government Oweizide Ekpemupolo, popularly known as Tompolo, was recognized for his pivotal role in securing Nigeria’s oil and gas sector. Named Private Security Personnel of the Year, Tompolo’s efforts have not only curbed oil theft and pipeline vandalism but also significantly increased production, strengthening Nigeria’s economic […]
ENCOMIUMS have been pouring in for Nigerian National Petroleum Company Limited (NNPCL) and a private security outfit, Tantita Security Services Nigeria Limited (TSSNL) as the nation’s crude oil production hit 1.8 millions barrels per day (1.8m bpd) The board and management of NNPCL, which announced the feat on Thursday, also disclosed that gas production has […]
IT was a hellish weekend for customers of Sterling Bank, Asaba Branch over failure by the bank to honour cash requests, either at POS terminals which were returned as ‘declined’ or at the banking hall where many had rushed to in the hope of getting succour, but to no avail. A journalist in Asaba who […]
NOVA Merchant Bank Limited, a leading merchant bank in Nigeria, has announced that it is set to begin its conversion to a full Commercial Banking Business following its recent requisition of the national commercial banking license from the relevant authorities. To this end, the bank has appointed Mr. Adebowale Oyedeji, as Managing Director and Chief […]
NIGERIAN banks will deduct the backlog of Electronic Money Transfer Levy (EMTL) on old foreign currency transactions carried out by Nigerians beginning January 31, 2024. The deductions will cover transactions between 2021 and 2023 according to the message sent by the banks to their customers on Tuesday. The banks noted that this is in line […]
FORMER Vice President and Presidential Candidate of Peoples Democratic Party (PDP) and creative industry stakeholders have lauded Governor Ifeanyi Okowa for his massive contribution to growth and development of tourism in the country. Atiku gave the commendation on Wednesday in Asaba while inaugurating Asaba Leisure Park and Film Village built by Okowa and named after […]
THE Director General of the Securities and Exchange Commission, Mr. Lamido Yuguda, has said that the commission will collaborate and engage relevant agencies to eliminate all Ponzi schemes in the capital market. Speaking in Abuja on the menace of ponzi schemes in Nigeria, Yuguda advised investors to always check with SEC for registered and authorised […]