Court Grants Chinese Firm Right To Seize Nigeria’s $25 Million Assets
British Virgin Islands court grants Chinese firm right to seize Nigerian $25m assets A court in the British Virgin Islands has, again, granted Zhongshan Fucheng…
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Reps Will Pass Tax Reform Bills With Minor Modifications, Says Agbese
Philip Agbese, deputy spokesman for the house of representatives, says the green chamber is determined to pass the tax reform bills proposed by President Bola…
FG Lifts Ban, Corpers Now Eligible To Serve In Banks, Others – NYSC
The Federal Government has lifted the ban restricting the posting of members of the National Youth Service Corps to the public sector, allowing for corpers to…
It’s Unfair For Lagos, Rivers, FCT To Have 70% VAT Proceeds – FIRS Boss
The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has described the allocation of 70% of value-added tax (VAT) proceeds to Lagos,…
Nigeria’s Debt To IDA Hits $17 Billion – Report
Nigeria has retained its position as the third-largest debtor to the World Bank’s International Development Association, with its exposure climbing to $17.1bn as of September…
Chinese National Charged With ₦301 Million Corruption In Lagos
Lagos, Nigeria – A Chinese national, Zhengjia Jin, is currently embroiled in a high-profile corruption case in Nigeria. The Economic and Financial Crimes Commission (EFCC) has…
FG Services IMF, Others’ Debt With $1.36bn – DMO Report
The Federal Government has spent $1.36bn to service outstanding debts owed to 12 international and multilateral creditors in the first six months of 2024. This…
World Bank Uncovers $32m Missing Funds In Nigeria’s Water Project
The World Bank has uncovered $32 million in unaccounted funds in Nigeria’s water project. This was disclosed in the banks’ recently released FY2024 Sanctions System Annual…
Nigeria’s Chidimma Adetshina Emerges Second At Miss Universe 2024
Nigeria’s representative, Chidimma Adetshina, has finished as the first runner-up at the 73rd Miss Universe Competition held in Mexico.The final moments of the prestigious event,…
Nigeria’s External Debt May Hit $45bn Before January
Nigeria’s external debt may rise to $45.1bn by the end of 2024 as the Federal Government advances plans to secure additional external funding. The Debt…