Author: Editor

NLNG has received the prestigious award of Most Compliant Taxpayer by the Federal Inland Revenue Service (FIRS) at the 2024 FIRS Day, which took place during the Lagos International Trade Fair. This recognition is part of the FIRS Compliant Taxpayer Award and Recognition Programme, designed to acknowledge companies that consistently meet their tax obligations, contributing to the development of Nigeria’s economy. This award marks a significant achievement for NLNG, following the Company’s receipt of the FIRS Most Supportive Taxpayer Award in 2021. The 2021 recognition was conveyed by FIRS, commending the top-performing taxpayers for their compliance, which helped the service…

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By Harry Awurumibe, Editor, Abuja Bureau  Today, the fourth edition of the Confederation of African Football (CAF) Women’s Champions League will officially get underway in two Moroccan cities of Casablanca and El Jadida, as eight elite clubs contend for Africa’s most prestigious women’s club football competition.  This is even as Nigeria’s representatives in the 2024 edition and West African Football Union (WAFU-B) champions, Edo Queens have since landed safely in the commercial city of Casablanca for the competition which will hold from November 9 to November 23 in the two selected stadia namely Mohamed El Abdi, El Jadida and Laarbi Zaouli,…

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By Tony Obiechina, Abuja Committed to strengthening Nigeria’s education sector, the Minister of Education, Dr. Tunji Alausa, hosted the Senate Committee on Tertiary Institutions and TETFund, led by Senator Muntari Dandutse, for an oversight visit focused on advancing initiatives across tertiary institutions. The aim of the session is geared towards accessing ongoing programs and develop strategic solutions to tackle key challenges, from curriculum enhancements to the allocation of critical infrastructure funding. Dr. Alausa underscored the Ministry’s commitment to enhancing Nigeria’s educational foundation in alignment with President Bola Ahmed Tinubu’s vision.He highlighted the importance of Science, Technology, Engineering, and Mathematics (STEM)…

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By Tony Obiechina, Abuja Key stakeholders from Nigeria’s tourism, hospitality, and cultural sectors convened convened in Lagos for a pivotal validation event dedicated to Nigeria’s Draft National Tourism Policy. Hosted by the Ministry of Arts, Culture, Tourism, and the Creative Economy in collaboration with the Nigerian Economic Summit Group (NESG), the event marked a significant step toward aligning Nigeria’s tourism framework with global standards, while celebrating the country’s rich cultural and natural resources. The Minister of Arts, Culture, Tourism, and the Creative Economy, Hannatu Musawa, delivered the opening address, underscoring Nigeria’s vast but untapped tourism potential and its diverse landscapes,…

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The ongoing transmission of the poliovirus in the Lake Chad Basin, the Sahel, and throughout West Africa poses a significant obstacle to achieving global polio eradication targets. This challenge has informed the development of a cross-border coordination plan by the Global Polio Eradication Initiative (GPEI). Amid harsh climatic conditions and insecurity, at least 55 million people are facing or expected to face food and nutrition insecurity in 2024, according to the GPEI. With consistent displacement and migration across the region, the risk of importing and exporting poliovirus and other diseases increases. This situation underscores the need for effective collaboration among countries to eliminate the…

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By Tony Obiechina, Abuja The Central Bank of Nigeria (CBN) has released a policy guideline aimed at strengthening foreign currency disclosure, deposits and repatriation. The guideline is part of moves to implement the Presidential Executive Order No.15 issued on October 19 2024 to facilitate voluntary disclosure deposits and repatriation of foreign currencies held onshore and offshore by Nigerian citizens within and outside. The CBN said the guideline titled, ‘Guidelines on Implementation of the Foreign Currency Disclosure, Deposit, Repatriation and Investment Scheme to Commercial, Merchant and Non-Interest Banks (CMNIBs),’ would take effect from November 6, 2024. According to the apex bank,…

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The Nigerian National Petroleum Company Limited (NNPC Ltd) has reacted to the video clip of someone pouring a dark liquid which he claims to be Premium Motor Spirit (PMS) purportedly bought from an NNPC Retail outlet at Keffi Flyover. While debunking the claim, a statement by NNPCL Chief Communications Officer, Olufemi Soneye, states:  1. That we have carried out spot checks at all our outlets and found this claim to be false. The product was not, and could not have been bought from any NNPC Retail outlet as the company does not dispense petroleum products into bottles or jerrycans as…

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New Agency of Nigeria, NAN In September, Vice President Kamala Harris met with one of America’s most powerful unions at its Washington headquarters. She said she’d protect union jobs and workers’ livelihoods better than Donald Trump. But leaders of the International Brotherhood of Teamsters, long staunchly allied with her Democratic Party, appeared unconvinced. When Harris argued that her Republican rival was no champion of the working class, the union bosses grilled her, questioning whether she and President Joe Biden had done enough for union workers, according to a Teamster leader who recounted the Sept. 16 meeting to Reuters. Within days,…

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Airlines around the world strive to ensure a seamless and convenient travel experience for millions of passengers. However, behind the scenes, these businesses grapple with issues, such as complex payment processes which impact revenue, operational efficiency and customer satisfaction. The pressure to meet the ever-rising expectations of customers, as well as other issues, such as high transaction fees, threat of fraud, multi-currency complexities and reconciliation challenges all add up to form giant pain points that airlines have to constantly battle with. These pain points have a detrimental effect on the growth projections for the aviation industry in Africa. A recent…

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Zenith Bank Plc has announced that it now boasts the best technology infrastructure in the banking industry, positioning itself to provide an exceptional customer experience and superior service delivery moving forward. This upgrade follows a recent comprehensive technology enhancement. The bank expressed its heartfelt gratitude to customers for their support and patience throughout the upgrade process, while also extending apologies for any inconveniences experienced during this time. This announcement was made in a social media post on Wednesday, signed by Dame Dr. Adaora Umeoji, OON, the Group Managing Director/CEO. In her message, the GMD/CEO emphasized the bank’s commitment to delivering…

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