FTSE restores Nigeria to frontier market

Barbara Bako, Abuja. FTSE Russell Restores Nigeria to Frontier Market IndexNigeria has regained its Frontier Market status after FTSE Russell announced it would reclassify the country’s capital market from “Unclassified”…

From Wounded Colonel to Army Chief: The Battle Story Behind the Waidi Shaibu Critical Care Centre

By Zagazola Makama There are military buildings that are commissioned as infrastructure. There are others that become symbols. The newly commissioned Waidi Shaibu Critical Care Centre at the 44 Nigerian…

Lawyers rally support for Tax Ombud’s compliance drive

Nigerian lawyers have reaffirmed the pivotal role of taxation as a major source of government revenue for infrastructure development and the provision of social services, throwing their weight behind the…

NNPCL, OML 118 partners amend PSC, dispute settlement agreement

NNPCL, OML 118 Partners Amend PSC, Dispute Settlement Agreement The Nigerian National Petroleum Company Limited and the OML 118 contractor parties have executed an addendum to the OML 118 Production…

Army launches rescue operation for abducted villagers in Niger

The Nigerian Army has begun efforts to rescue persons abducted by terrorists in the Dekara district of the Borgu council area of Niger. An operational report said troops had been…

Police pay tribute to 10 officers killed in Kebbi

The Nigeria Police Force has paid tribute to 10 officers killed in Kebbi State, honouring their sacrifice and reaffirming its commitment to protecting lives and property despite the risks confronting…

NAICOM grants fresh licences to capital-compliant Insurance firms

The National Insurance Commission (NAICOM) has granted fresh operating licences to additional insurance companies that have successfully met the minimum capital requirements under the Nigerian Insurance Industry Reform Agenda (NIIRA…

Tax Ombud, OGFZA collaborate to deepen investor confidence, attract FDI

As part of efforts to increase Nigeria’s tax-to-GDP ratio, the Office of the Tax Ombud and the Oil and Gas Free Zones Authority (OGFZA) have resolved to explore inter-agency collaboration…

FAAC shares ₦3.007tn to FG, States, LGs

….Calls for sustainable use of higher revenuesBarbara Bako, Abuja. The Federation Account Allocation Committee (FAAC) has approved ₦3.007 trillion in revenue allocation to the Federal Government, states and local government…

Iran War: Trump threatens to bomb Oman over Strait of Hormuz

President of the United states, Donald Trump has threatened to bomb Oman in the Middle East if it “gets in the way” of the deal between the United States and…