Experts in the telecommunication industry have said the move by the Federal Government to tax social media companies is right because the companies generate commercial revenues from the nation

Experts in the telecommunication industry have said the move by the Federal Government to tax social media companies is right because the companies generate commercial revenues from the nation

Experts in the telecommunication industry have said the move by the Federal Government to tax social media companies is right because the companies generate commercial revenues from the nation. According to Meta, 7.5 per cent value-added tax will be applied on sales of ads to advertisers from January 2022, and this applies to all non-resident businesses that provide digital service in the nation. The company’s spokesperson said, from 2022, Nigeria […]

December 28, 2021 99

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Latest data obtained from the Nigerian National Petroleum Company Limited have shown that a total of 350 pipeline points were vandalised from January to July this year.

Latest data obtained from the Nigerian National Petroleum Company Limited have shown that a total of 350 pipeline points were vandalised from January to July this year. The number of vandalised pipeline points rose from 27 in January to 54 in February, according to the NNPC data. In March, 70 pipeline points were vandalised, representing a 29.63 per cent increase when compared to February. The company said Port Harcourt area […]

December 28, 2021 167

BUSINESS

The Nigeria Civil Aviation Authority says international airlines will be made to pay $3500 fine on each passenger flown into the country not complying with the Federal Government’s Revised COVID-19 Provisional Quarantine protocol.

The Nigeria Civil Aviation Authority says international airlines will be made to pay $3500 fine on each passenger flown into the country not complying with the Federal Government’s Revised COVID-19 Provisional Quarantine protocol. The NCAA said non-compliance with the COVID-19 protocol requirements could also lead to an outright ban of the non-compliant airline. In an All-Operators Letter with reference NCAA/DG/AIR/16/327 issued to all accountable managers and signed by the Director-General […]

December 8, 2021 30

BUSINESS

There was confusion among power sector operators on Tuesday after President Muhammadu Buhari, fired the management of the Abuja Electricity Distribution Company as a result of the strike embarked upon by the AEDC workers the preceding day.

There was confusion among power sector operators on Tuesday after President Muhammadu Buhari, fired the management of the Abuja Electricity Distribution Company as a result of the strike embarked upon by the AEDC workers the preceding day. Officials of the Federal Ministry of Power said the management of AEDC had been replaced with an interim governing council, stressing that the directive came from the Presidency. Austin Asoluka, told reporters in […]

December 8, 2021 39

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The Nigeria Police Force has opened the online application portal for its 2021 recruitment exercise.

The Nigeria Police Force has opened the online application portal for its 2021 recruitment exercise.The Police Public Relations Officer, Frank Mba made the announcement in a statement in Abuja on Monday.In the statement titled, ‘2021 recruitment into the Nigeria Police Force’, the force announced that successful applicants would be enlisted as Police Constables.The online application portal would be open for a period of six weeks starting from Monday, November 29, […]

November 30, 2021 51

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The Nigeria Center for Disease Control has stated that there are no cases of the Omicron variant of the COVID-19 virus in the country and the body with the Federal Ministry of Health are monitoring the situation of the virus

The Nigeria Center for Disease Control has stated that there are no cases of the Omicron variant of the COVID-19 virus in the country and the body with the Federal Ministry of Health are monitoring the situation of the virus. This was contained in a statement signed by the NCDC Director-General, Ifedayo Adetifa, on Monday, stating that the variant was first identified after tests were carried out on travellers returning […]

November 30, 2021 37

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The Department of State Services has commenced the screening of about 100 qualified Aviation Security personnel who are to bear arms at airports as the Federal Government finalises moves to deploy armed AVSEC officers.

The Department of State Services has commenced the screening of about 100 qualified Aviation Security personnel who are to bear arms at airports as the Federal Government finalises moves to deploy armed AVSEC officers. It was also gathered that shooting ranges for the AVSEC officers had been 80 per cent completed at the Lagos and Abuja airports, while the armory was also being worked on currently. The Minister of Aviation, […]

November 16, 2021 37 1

NEWS

According to the National Bureau of Statistics, Consumer Price Index report the nations’ inflation rate fell to 15.99 per cent in October, from 16.36 in September,

According to the National Bureau of Statistics, Consumer Price Index report the nations’ inflation rate fell to 15.99 per cent in October, from 16.36 in September, This October figure showed a steady decline in the country’s inflation rate over a seven-month period beginning from April. The decline is amid complaints of surges in the prices of goods and services by Nigerians. In recent times, the skyrocketing food prices in major […]

November 16, 2021 166

NEWS

The Minister of Works and Housing, Babatunde Fashola, said on Sunday that the Federal Government has completed 11,000 housing units across the country.

The Minister of Works and Housing, Babatunde Fashola, said on Sunday that the Federal Government has completed 11,000 housing units across the country. He said this in an interview in Abuja, stating that they have pilot housing projects in 34 states. and are now in some phases. Phases two and three have a total of over 5,000 housing units. He added that there is an inherited pilot programme of about […]

November 16, 2021 37

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