President Muhammadu Buhari, on Monday, signed the 2019 Appropriation Bill. The President’s assent officially makes the bill become law and signals the commencement of the 2019 fiscal budget. The Speaker of the House of Representatives, Yakubu Dogara; the Chairman of the Senate Committee on Appropriation, Danjuma Goje; the Minister …
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MMM, Bet9ja top most visited websites in Nigeria
Sports betting site bet9ja and money doubling scheme MMM top the list of most visited websites in Nigeria according to ranking by Alexa. Alexa is a California-based company that provides commercial web traffic data and analytics on millions of registered websites. It is a wholly owned subsidiary of Amazon.com. Alexa ranking is …
Read More »Oil rises to $53 approximately as inventory overhang erodes
Oil prices rose on Thursday lifted by a sustained decline in inventories and Saudi Arabia’s preparedness to cut crude supplies to its prized Asian customers. Brent crude futures were 52.99 dollars a barrel by 0855 GMT, while US West Texas Intermediate crude was up 17 cents at 49.73 dollars. Crude …
Read More »CPC dissociates self from N17m judgment against Coca-Cola
The Consumer Protection Council has dissociated itself from an insinuated N17m judgment against Coca-Cola by the Supreme Court of Nigeria. The Director-General of CPC, Mr Babatunde Irukera, said this in a statement by Mr Abiodun Obimuyiwa, the Head of Public Affairs of the council, on Wednesday in Abuja. The Supreme …
Read More »FG clarifies 27 businesses to enjoy tax break under pioneer status
The federal government on Monday gave clarifications on businesses that would qualify to enjoy pioneer status under the additional 27 new industries and products approved last week by the Executive Council of the Federation, FEC. The Executive Secretary, Nigeria Investment Promotion Council, NIPC, Yewande Sadiku, told PREMUM TIMES in an …
Read More »1.2 Million Applicants Applied For 1,112 Nigeria Immigration Jobs
About 1.2 million applicants are presently competing to clinch 1,112 job openings to be filled by the Nigeria Immigration Service, Premium Times exclusively reports. The paper had on Monday reported that the Service is recruiting 1,112 officers in its ongoing recruitment drive, according to its Comptroller General, Muhammad Babandede. Speaking …
Read More »Smartphone sales fall as Samsung, Apple consolidate market share
Global smartphone sales saw a modest decline in the second quarter of 2017, as market leaders Samsung and Apple consolidated their positions, a survey showed Wednesday. The IDC survey showed South Korean giant Samsung maintaining the top spot by delivering some 79.8 million handsets for a 23.3 percent market share. …
Read More »More than half of Nigeria’s VAT comes from Lagos ,says Adeosun
Finance Minister, Kemi Adeosun, said yesterday that more than half of Nigeria’s value added tax, VAT, comes from Lagos State alone. Kemi Adeosun Speaking at the parley between the Federal Government and Progressive Governors Forum, PGF, in Abuja, Adeosun said 87 percent of Nigeria’s VAT was derived from four states …
Read More »Neymar world record PSG move imminent
Neymar could be presented as a Paris Saint-Germain player as early as this weekend for a world record fee as Barcelona admitted defeat in convincing the Brazilian to stay at the Camp Nou on Wednesday. Wagner Ribeiro, an advisor to the player, claimed PSG would pay his 222 million …
Read More »FG should give free visa for tourism investors to boost sector
Mr Yomi Fadugba , Chief Executive Officer (CEO) of MOYDAK Construction Ltd., Lekki, Lagos, has urged the Federal Government to make entry visa free for investors in the tourism industry. Fadugba, a hospitality consultant and investor, who made the appeal when he spoke with pressmen on Wednesday in Lagos, said …
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