Thisday Newspaper News Today Tuesday 22nd March 2022
Top Nigeria news Dailies Update from Thisday Newspaper News Today 22/03/22
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Elumelu Laments 95% Oil Production Lost to Theft
*Seeks strong leaders in 2023 *Says sufferings despite natural endowments inexplicable *MAN demands removal of VAT from diesel prices, threatens retrenchmentEmmanuel Addeh in Abuja and Dike Onwuamaeze in Lagos Businessman and Chairman Heirs Holdings, Mr Tony Elumelu, yesterday bemoaned the fact that Nigeria was losing over 95 per cent of its oil production to thieves.
Nigeria Raises $1.25bn through Eurobonds as Public Debt Hits N41.026trn
*2022 Budget: FG borrows N950bn from domestic marketNdubuisi Francis in Abuja Nigeria has issued $1.250 (N520 billion) billion seven-year Eurobond in the International Capital Market (ICM), being the first African country to access the ICM in 2022. This is just as the Debt Management Office (DMO) has revealed that Nigeria’s total public debt stock, comprising
We Have Settled N3.5trn of Your N4trn Invoices, FG Tells Gencos
*TCN attributes supply collapse to fragile gridNdubuisi Francis in Abuja The federal government said yesterday that it had settled the power Generation Companies (Gencos) to the tune of approximately N3.5 trillion from the total invoices of N4 trillion issued by the electricity generators. The Nigerian Bulk Electricity Trading Company (NBET) Plc, a Special Purpose Vehicle
Customs Rescinds Decision, Accepts CBN’s e-Invoicing Policy
Udora Orizu in Abuja The Nigeria Customs Service (NCS) yesterday rescinded its opposition to the e-Invoicing and e-Valuation policy for imports and exports in the country.The NCS had opposed the new payment policy recently introduced by the Central Bank of Nigeria (CBN), saying it was against conventional practice. The NCS had also decried poor sensitisation
Gender Balance: Emefiele Seeks Top Management Positions for Women
James Emejo in Abuja The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, yesterday called for promotion of more women in top management positions in order to achieve gender balance. To this end, he said the central bank had issued gender-mandated regulations to pave the way for gender diversity and inclusiveness at
Yet to Decide Zoning of Ticket, PDP Releases Details of Presidential Nomination Process
*Ortom, Okowa, Mohammed to reconcile warring parties in EdoChuks Okocha in Abuja In addition to setting up a 37-man committee to determine the zoning of its presidential ticket, the Peoples Democratic Party (PDP), has taken a step further by releasing details of how the presidential candidate would emerge without waiting for the outcome of the
House Uncovers How FIRS Accepted Uncertified Capital Allowances Claims by Taxpayers
Juliet Akoje in Abuja The House of Representatives Committee on Public Accounts was yesterday informed about how the Federal Inland Revenue Service (FIRS) accepted capital allowances claims by tax payers without certificate of acceptance from the ministry of trade and industries in 2019This was contained in the 2019 Auditor General of the Federation’s queries to
Fayemi, Sanwo-Olu Mourn Obasi, Say It’s Monumental Loss to Nigeria
Victor Ogunje in Ado Ekiti and Segun James in Lagos Ekiti State Governor, Dr. Kayode Fayemi and his Lagos State counterpart, Mr. Babajide Sanwo-Olu have described the death of renowned media personality and Publisher of Business Hallmark Newspaper, Prince Emeka Obasi as a monumental loss to the country and the media industry in particular.Fayemi in
Malami: My Tenure in Office Has Not Ended Yet
*Tasks journalists on fake news reportageAlex Enumah in Abuja The Attorney General of the Federation and Minister of Justice, Mr Abubakar Malami, SAN, yesterday, said contrary to media report, he has not resigned from office, even as he prayed for a glorious exit. Malami, who described the report of his resignation as fake news, perpetrated
Custodian Investment Reports 14% Revenue Growth, Declares N0.50 Kobo Dividend
Kayode Tokede Custodian Investment Plc has said it recorded revenue growth of 14 per cent in its audited financial performance for the financial year ended December 31, 2021. The audited accounts of the group, released recently in Lagos, indicated that gross revenue increased by 14 per cent to N85.7 billion and, after adjusting for non-recurring
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