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Peg VAT at 7.5 per cent, NACCIMA tells FG

07.01.2025
The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture has urged the Federal Government to reduce corporate taxes to 19 per cent and value-added tax to 7.5 per cent. NACCIMA reckoned that the move would help grow the economy and result in higher tax revenues for the government. The President of NACCIMA, Mr....
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Eight prudent ways to invest your 13th-month pay

07.01.2025
The 13th-month pay is a common practice among many companies in Nigeria, often arriving as an end-of-year bonus, just in time for the holiday season. It’s a well-deserved reward for hard work throughout the year. However, while it is tempting to spend it on celebrations, gifts, or a vacation, here are eight opportunities to improve...
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‘Language, vocational training vital to refugee integration’

07.01.2025
An expert in migration studies, Ojeikere Akhadelor, has recommended increased language and vocational training to tackle refugee integration challenges in Nigeria. In a statement, Akhadelor, a Chapman University graduate, unveiled his research titled ‘The Impact of Refugee Resettlement Programmes on Local Communities in America: A Case Study of New York City,’ which could help tackle...
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SEC vows to crack down Ponzi schemes in 2025

07.01.2025
The Securities and Exchange Commission has vowed to intensify efforts to stamp out Ponzi and pyramid schemes in 2025, while also focusing on developing Nigeria’s commodities market. According to a statement on Sunday, the Director-General of the SEC, Dr Emomotimi Agama, disclosed this in a New Year message to the capital market community over the...
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Guinea Insurance projects N1.75bn gross premium

06.01.2025
Guinea Insurance has set its eyes on earning N1.75bn in gross premium written in the first quarter of 2025. This was disclosed in its forecast income statement for the first quarter ending March 31, 2025, which it filed with the Nigerian Exchange Limited at the close of the year. Gross premium written is the total...
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Lafarge empowers customers with 155 trucks

06.01.2025
Lafarge Africa Plc has empowered customers with 155 trucks to boost business operations. In a statement, the company reaffirmed its commitment to supporting customers’ growth and operational excellence through the allocation of 155 trucks aimed at enhancing logistics capabilities. It stated, “This milestone initiative underscores Lafarge Africa’s dedication to empowering customers and fostering long-term partnerships...
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FG raises group assurance allocation to N17.31bn

06.01.2025
The Federal Government has increased the allocation to group life assurance by 80 per cent in the proposed Appropriation Bill for 2025. Listed under the service-wide votes, the sum of N17.31bn was allocated to “group life assurance for all MDAs (including the Department of State Services/insurance of sensitive assets/members of the National Youth Service Corps,...
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Stanbic IBTC Insurance passes audit certification

06.01.2025
Stanbic IBTC Insurance Limited, a subsidiary of Stanbic IBTC Holdings, has announced that it has successfully passed a comprehensive audit. This has resulted in the issuance of an IQNET-recognised certificate confirming that the company has implemented and maintained a quality management system by DQS Holding. This system covers the scope of life insurance and fulfills...
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I apologise for saying no heaven without tithe – Adeboye

04.10.2024
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

04.10.2024
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

04.10.2024
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...

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