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OGIRS Begins Second Phase of Ogun Tax Enforcement

The Ogun State Internal Revenue Service has announced the commencement of the second phase of its statewide enforcement exercise to recover outstanding tax liabilities, including Pay-As-You-Earn, Withholding Tax, Back Duty obligations and other taxes. According to a statement from the service on Thursday, this was disclosed by the Executive Chairman, OGIRS, Mr Olugbenga Olaleye, during...
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Nigerian stock market maintains bullish rally with N97bn gai

The Nigerian stock market closed bullish on Thursday, posting a gain of N97 billion for investors. This marked the third consecutive positive rally of the week. The positive performance was driven by sustained investor interest in stocks such as UACN, Morison, Ecobank Transnational Incorporated, WAPIC, AXA Mansard, and 18 others. Specifically, the market capitalisation, which...
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Dangote to be world’s top fertiliser producer by 2028

The Chairman of Dangote Group, Alhaji Aliko Dangote, has disclosed that the group will become the world’s largest producer of fertiliser by 2028. Dangote stated this while speaking at the Imo Economic Summit, organised by the Imo Government, in Owerri on Thursday. The business mogul and richest man in Africa said the time had come...
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SME Growth Strategies to Beat Nigeria’s Credit Squeeze

Sales and growth experts have said Nigerian small businesses can overcome credit constraints and achieve sustainable growth by leveraging value, prioritising marketing that converts and deploying human-resource systems that enable performance. They highlighted that SMEs can still scale if they reinforce their value proposition, adopt marketing that drives action and strengthen internal systems that translate...
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NGX Extends Bullish Run With N97bn Investor Gain

The Nigerian Exchange Limited extended its bullish trading on Thursday with a N97bn gain for investors. Both the All-Share Index and the market capitalisation inched up by 0.10 per cent to 145,476.15 and N92.73tn, respectively. The sustained positive trading lined up with the expectations of analysts for a year-end rally in the market, despite the...
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ADEKAZ Oil firm expands operations to Abuja

ADEKAZ Oil Nigeria Limited has announced the expansion of its operations to the Federal Capital Territory, Abuja, saying the move marks a major milestone in its five-year journey in the nation’s petroleum products market. In a statement issued by the company, its founder and Chief Executive Officer, Adedamola Ademola, highlighted key achievements recorded since the...
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SEC Nigeria to Launch USSD Code and ISS Audio Service

The Securities and Exchange Commission is set to unveil two innovative products: a USSD Service and ISS Audio, designed to democratise information dissemination and enhance investor engagement. In a statement on Wednesday, the Commission said the unveiling will take place at the forthcoming Capital Market Committee Meeting scheduled for next Monday at the Federal Palace...
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Digital trade in Africa can cut costs by 30% says Afreximban

The African Export Import Bank Group Chief Economist and Managing Director of Research and Trade Intelligence, Yemi Kale, says digital trade systems can reduce transaction costs across Africa by as much as 30 per cent, a shift he described as essential to unlocking the continent’s competitiveness and lifting barriers that have held intra-African trade at...
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Experts Push Drone Tech to Tackle Insecurity in Nigeria

Aviation and security experts have urged the Federal Government to prioritise the adoption of modern technologies, particularly advanced drones, as a core strategy for confronting the escalating threats of terrorism and violent extremism across Nigeria. The experts expressed deep concern that the menace was expanding rapidly while government efforts remained largely insufficient to curb the...
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WACOT pays N158m bonuses to Osun cocoa farmers

WACOT Limited has disbursed more than N158m in Sustainability Differential Payments to 2,062 cocoa farmers in Osun State as part of its drive to promote traceable and climate-smart agriculture. In a statement, the agro-allied firm, a subsidiary of the TGI Group, announced the payout at its ‘Rewarding Commitment: Cocoa Premium and Farmer Appreciation Event’ held...
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I apologise for saying no heaven without tithe – Adeboye

The General Overseer of the Redeemed Christian Church of God, Pastor Enoch Adeboye, has apologised for saying that Christians who don’t pay tithe might not make it to heaven. Adeboye who had previously said that paying tithe was one of the prerequisites for going to heaven, apologised for the comment while addressing his congregation Thursday...

Protesters storm Rivers electoral commission, insist election must hold

Angry protesters on Friday stormed the office of the Rivers State Independent Electoral Commission, singing and chanting ‘Election must hold’. They defied the heavy rainfall spreading canopies, while singing and drumming, with one side of the road blocked. The protest came after the Rivers State governor stormed the RSIEC in the early hours of Friday...

Man who asked Tinubu to resign admitted in psychiatric hospital

The Adamawa State Police Command has disclosed that the 30-year-old Abdullahi Mohammed who climbed a 33 kv high tension electricity pole in Mayo-Belwa last Friday has been admitted at the Yola Psychiatric hospital for mental examination. The Police Public Relations Officer of the command SP Suleiman Nguroje, told Arewa PUNCH on Friday in an exclusive...