Supreme Court: 20 States Demand N2.2tr from FG Over Illegal Deductions

There are now 20 states controlled by different political parties (PDP, AC, ANPP and PPA)with a fresh total demand for a refund of N2.2trillion on the illegal deductions by the Federal Government on the management of revenues that accrued to, or which ought to have accrued to the Federation Account over the period 2004 to 2007. They are ... Read

BPE Never Privatize Ajaokuta Steel Company - DG

…To Ensure job security and retraining of workers in Privatization Process

The Bureau of Public Enterprises (BPE) has exonerated itself from the privatization of controversial Ajaokuta Steel Company in Kogi State saying that the process was executed by a Federal Ministry just as it now focuses on employment generation and retraining in subsequent privatization exercise.The Director General of Bureau of Public Enterprises Dr. Christopher Uloneme Anyanwu told Economic Confidential, an online economic intelligent journal that BPE did not privatize Ajaokuta, it was done by a Ministry...Read

NEMA Advocates Insurance Cover against Disasters

The National Emergency Management Agency (NEMA) has advocated the importance of Insurance Cover for traders and small business for quick recovery after natural and man-indicused disasters, especially against market fire, floods and building collapse... Read

12 Ambassadors: Unity Bank doles out 12 Picantos

Fast-growing banking group, Unity Bank Plc, is set to host the eagerly-awaited award ceremony for winners of The 12 Ambassadors TV reality show aimed at discovering new movie stars in Nigeria... Read

FIRS Generates Taxpayers Numbers for Bank Customers

The Federal Inland Revenue Service is on the verge of completion of generating Taxpayer Identification Numbers, TIN for all corporate bank account customers. This is contained in the Monthly Report of the FIRS for the month of May 2009, released recently... Read