The Nigerian National Petroleum Corporation on Friday announced measures to achieve full recovery of over 130 million litres of Premium Motor Spirit, also known as petrol, stored in the facilities of two indigenous downstream operators, MRS Limited and Capital Oil & Gas Limited, under a
The Minister of Finance, Kemi Adeosun has disclosed only 214 Super rich Nigerians pay income tax in excess of N20 million yearly, others are tax dodgers. Adeosun, tabled this sobering information before the National Economic Council and blamed the situation on why Nigeria posts one of the lowest tax per GDP ratio in the world. Adeosun […]
The Economic and Financial Crimes Commission (EFCC) has secured the conviction and sentencing of an internet fraudster, Akintunde Vincent Abiodun. Abiodun, who preferred to use the name: ‘Christopher Williams’, got the ruling from the Justice Oluwatoyin Ipaye of the Lagos state High Court, Ikeja. The 37-year-old convict was arraigned on January 23, 2017 on an
An Abuja High Court has knocked off an operative of the Economic and Financial Crimes Commission, Michael Adariku, who was billed to testify against the former National Security Adviser, Colonel Sambo Dasuki, in the charges brought against him by the Federal Government. Dasuki, through his counsel, Joseph Daudu, had protested vehemently against the inclusion of […]
The Economic and Financial Crimes Commission (EFCC) has secured an interim forfeiture of the N49 million found at the Kaduna airport recently. The interim forfeiture order was granted by Justice SM Shuaibu of the Federal High Court, Kaduna state. The court ordered that the amount be forfeited to the federal government of Nigeria pending the […]
The Federal Government has stated its position on the judgement that ordered the National Agency for Food, Drug Administration and Control to compel the Nigeria Bottling Company Plc, manufacturers of Fanta and Sprite soft drinks, to include a written warning that the content of the bottles cannot be taken with Vitamin C. Justice Adedayo Oyebanji […]











