The Association of Licensed Telecommunication Operators of Nigeria (ALTON)  have threatened to disconnect the banks from the USSD services by March 15 over indebtedness. Millions of Nigerians use the shortcode platform to access banking services daily through their phones, but the telcos say they are being owed by the banks. In …

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The Economic and Financial Crimes Commission, EFCC on Thursday, March 11, 2021 arraigned Peter Hena, Former Coordinating Director of Federal Inland Revenue Service, FIRS and eight other officers of the agency before Justice Ijeoma Ojukwu of a Federal High Court sitting in Abuja. The others are Mohammed Bello Auta (Director …

President Muhammadu Buhari Thursday in Abuja emphasized that security chiefs have received marching orders to go harder on criminals, including to shoot anyone found illegally with AK-47. The President spoke on Thursday at a meeting with the National Council of Traditional Rulers of Nigeria at the State House, co-chaired by …

The Minister of Communications and Digital Economy, Dr Isa Pantami, on Thursday announced that the Federal Inland Revenue Service (FIRS) will replace the Nigeria Postal Service (NIPOST) as stamp duty collector. He made the disclosure at the launch of Nigeria’s 60th Independence Anniversary Commemorative Postage Stamps held at the Digital …

Nigeria’s Petroleum Products Pricing Regulatory Agency (PPPRA) announced that the retail price for a litre of petrol for the month will be between N209.61 and N212.61 while the amount sold by fuel depot owners to marketers will be N206.42 as the landing cost stands at N189.61 per litre. This development …

Luck ran out on a syndicate of 13 cybercrime suspects on Thursday March 11, when operatives of the Abuja Zonal Office of the EFCC raided their hideouts and apprehended them. Five of the suspects were picked up at an N8m a year apartment in Gilmore Estate, Jahi, while the other …

Nigeria’s Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), said the Federal Government was expecting the repatriation of over £100 million (N527bn), allegedly stolen by a former Governor of Delta State, James Ibori, and his associates. Malami added that $100 million traced to the late Head of …

Governor Abdullahi Sule of Nasarawa State said plans have been concluded to establish a commodity marketing board as part of his administration’s moves to explore the African Continental Free Trade Area (AfCFTA) Agreement for increasing Internally Generated Revenue (IGR) and job creation for the teaming youth population. Governor Sule made …

The World Trade Organisation (WTO), has described the African Continental Free Trade Area (AfCFTA) as recipe for peace, stability and economic prosperity in Africa that has been forever fragmented. Speaking at the Aswan Forum for Sustainable Peace and Development in Egypt on behalf of the WTO, Deputy Director-General, Alan Wolff …