Facebook Tightens Guidelines for Political Ads

By Bliss Okperan A helicopter operated by the Nigerian Air Force (NAF) on Friday crash-landed and exploded at the NAF Base, Port Harcourt, Rivers State. The NAF Director of Public Relations and Information, Air Commodore Edward Gabkwet, confirmed the incident in a statement, noting that the NAF-35p had taken off on an operation against oil thieves in Rivers State before the unfortunate incident. He said five persons on board survived the air mishap with minor injuries. “A Nigerian Air Force (NAF) MI-35P helicopter crashed at Port Harcourt today, December 1, 2023. The unfortunate incident occurred at about 7.45 am shortly

By Bliss Okperan The Tincan Island Port (TCIP) Command of the Nigeria Customs Service (NCS) has created a mobile application to automate its bond and license unit, Transire. At the unveiling of the app on Thursday, the Customs Area Controller, Comptroller Dera Nnadi, said the need to automate the Bond and License Unit had become imperative for administrative and procedural ease of doing business in the command. Speaking at a sensitization program on the automation process, Mr Nnadi informed participants that the application was developed by Superintendent of Customs Samuel Bello, to reduce the volumes of documents being deployed in

By Adedapo Adesanya  The Kwara State Government has announced the signing of a Memorandum of Understanding (MoU) with IHS Nigeria for the development of a technology innovation facility in the state. In a statement released by the government’s spokesperson, Mr Rafiu Ajakaye, it was said that Mr AbdulRahman AbdulRazaq, the governor of the state, signed the MoU alongside IHS Nigeria CEO, Mr Mohamad Darwish, at a brief ceremony attended by several officials in Ilorin, Kwara State on Saturday, November 18, 2023. The project tagged Ilorin Innovation Hub is part of the state government’s efforts to stimulate and deepen the alignment

By Bliss Okperan The Minister of FCT, Mr Nyesom Wike, has been advised to extend an olive branch to the Governor of Rivers State, Mr Siminialayi Fubara. The Minister, who handed over the reins of Rivers State to Mr Fubara, has been at loggerheads with his successor. A few weeks ago, some lawmakers of the Rivers State House of Assembly loyal to Mr Wike attempted to impeach the Governor, but President Bola Tinubu quickly intervened and doused the tension. However, all is still not well with both parties, with the Minister granting an interview last week to accuse his ‘political

By Modupe Gbadeyanka On Sunday, October 15, 2017, “33” Export Lager Beer, Nigeria’s number one friendship beer, with the celebration of friendship as its key message, hosted consumers to an evening of fun at Bongo Center, Owerri, Imo State. Before the Owerri event, other cities across Nigeria including Lagos, Ibadan, Uyo, and Port-Harcourt had felt the friendship vibe as consumers were entertained by top DJs and comedians like Comedian Bash, I Go Save, Shakara, Ajebo, DJ Kentalky, DJ Real and several other entertainers. Chika Dike-Paul, a guest at the event in Owerri, could not keep his excitement in as he

By Modupe Gbadeyanka Another set of 148 retirees in drawn from the Mainstream Civil Service, Local Governments and State Universal Basic Education Board (SUBEB), Teachers Establishments and Pensions Office (TEPO) and other parastatals of government have been paid the sum of N597 million by Lagos State. The money paid to the retirees was the amount being accrued pension rights credited into their Retirement Savings Account. The payment has summed the amount paid by the administration of Mr Akinwunmi Ambode to N24.426 billion as accrued pension rights to 5,668 retirees under the Contributory Pension Scheme, since August, 2015. Speaking at the

By Adedapo Adesanya The Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31, 2020. Business Post had reported earlier that the tax body had shifted the initial deadline of March 31, to June 30 in order to accommodate businesses and individuals, who were affected by the headwinds of the coronavirus pandemic. Now, the FIRS Director, Communications and Liaison Department, Mr Abdullahi Ahmad, said in a statement in Abuja on Wednesday that the agency has further extended the

By Modupe Gbadeyanka The Banker Magazine has ranked Zenith Bank Plc as the number one tier-1 bank in Nigeria, maintaining the position for the 13th straight year. In its 2022 Top 1000 World Banks Ranking, the journal said Zenith Bank boasts a Tier-1 capital of $2.75 billion, emerging as the 460th bank globally. The ranking, which was published in the July 2022 edition of The Banker Magazine of the Financial Times Group, United Kingdom, was based on the 2021 year-end Tier-1 capital of banks globally. Tier-1 Capital describes capital adequacy, which is the core measure of a bank’s financial strength

By Adedapo Adesanya The London Metropolitan Police has announced that it arrested a Nigerian national, Mr Ike Ekweremadu, and his wife, Mrs Beatrice Nwanneka Ekweremadu, for allegedly conspiring to bring a child to the United Kingdom for organ harvesting. In a statement on its website, the Met Police wrote that “Beatrice Nwanneka Ekweremadu, 55 (10.9.66) of Nigeria is charged with conspiracy to arrange/facilitate the travel of another person with a view to exploitation, namely organ harvesting. While the statement did not, however, give further details about the suspects, the age and description given match that of the former Deputy Senate

By Dipo Olowookere A member of the Kaduna State House of Assembly, Ibrahim Ismail, has been abducted by some unknown gunmen in the state. Mr Ismail was seized at gunpoint on Tuesday morning at his residence in Abapka in the Kaduna metropolis. According to reports, the hostage takers have made contact with Mr Ismail’s family and have asked for N70 for his freedom. Meanwhile, the Command’s Public Relations Officer, ASP Aliyu Usman, said efforts are being made to rescue the lawmaker. Mr Usman told the News Agency of Nigeria (NAN) in an interview that the Command has already deployed its

By Dipo Olowookere The executive chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair, has said about 70 per cent of the state’s Internally Generated Revenue (IGR) comes from taxes paid by individuals and organisations doing business in the metropolis. Mr Subair made this disclosure when he received the Managing Director of New Telegraph Newspapers, Mr Ayodele Aminu, and the Daily Editor of the media platform, Ms Juliet Bumah, in his office in Alausa, recently. The management of the Daily Telegraph Publishing Company Limited, publishers of New Telegraph Newspapers, visited the LIRS chief to inform him of

By Ashemiriogwa Emmanuel The external reserves of Nigeria further gained $1.4 billion last week, boosting the total amount in the buffers to $38.2 billion as of Thursday, October 7, 2021. Data sourced by Business Post from the Central Bank of Nigeria (CBN) showed that the current position of the nation’s FX reserves represents a 3.8 per cent increase from the $36.8 billion recorded a week earlier. The recent upward progression in the foreign reserves comes as good news to the country, which had been grappling with a shortage in FX, which is putting the Naira under undue pressure. The recent