A Competition and Consumer Protection (CCPC) Tribunal sitting in Abuja has fixed Sept. 6 for judgment in a suit filed against MultiChoice, the operator of Govt and DStv, over the recent price hike on their products and subscription rate. The tribunal, headed by Mr Thomas Okosun, fixed the date on …
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The Lagos Chamber of Commerce and Industry (LCCI) has called on the federal government to reconsider its decision to ban mining activities and commercial motorcycles in the country. Recall that the federal government had stated that it was considering a nationwide ban on commercial motorcycles, popularly known as okada, as …
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The Customs Area Controller in charge of the Tin Can Island Command of the Nigeria Customs Service, Comptroller Adekunle Oloyode, has disclosed that four clearing agents forged his signature to clear imported cars. This was made known by Oloyede while briefing journalists on the half-year report of the command. Oloyede …
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Nigerian airlines, under the aegis of Airline Operators of Nigeria (AON), have disclosed that there will be major disruptions of flights due to scarcity of aviation fuel, also known as JET-A1. Obiora Okonkwo, spokesperson, AON, made the disclosure in a statement released on Friday. This is the second announcement on …
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Nigeria’s biggest network provider, MTN Nigeria has reversed itself on the claims that it remitted N757.5bn to the Federal Government in 2021. The company said last week that the actual amount paid to the tax authority- the Federal Inland Revenue Service in 2021 was N291.67bn. “Without prejudice but specific to …
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Police in Lagos State say they have busted a fake Corporate Affairs Commission registration centre in the state. In statement on Thursday, the state Police Command also disclosed that the operators of the fake centre has been arrested. The command said the operators were arrested by men of the Rapid …
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The Nigerian Civil Aviation Authority (NCAA) says it has suspended Dana Airlines’ air transport licence (ATL) and air operator certificate (AOC) indefinitely. NCAA announced the suspension on Wednesday in a statement signed by Musa Nuhu, its director-general. The authority said it suspended the operating licences after “discovering that the airline …
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The Revenue Mobilisation Allocation and Fiscal Commission has said implementation of the Petroleum Industry Act 2021 will engender a sharp decline in the revenue accruable to the Federation Account. It stated that while the PIA sought to provide legal, governance, regulatory and fiscal framework for the management of the petroleum …
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Premium Breadmakers Association of Nigeria (PBAN) has declared that it will be embarking on a four-day warning strike beginning from Thursday July 21, 2022. The strike decision was taken by the association which comprises of owners, Managing Directors and Partners of premium bakeries in Nigeria due to increasing prices of baking …
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The Central Bank of Nigeria (CBN) has intimidated that it will arrest and prosecute any Nigerian caught using naira to buy dollars. This was made known on Tuesday, July 19 by CBN Governor, Godwin Emefiele at the Monetary Policy Committee (MPC) meeting in Lagos. He said: “For those taking money …
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