FIRS Records N4.8trn 10-Year Revenue Shortfall

FIRS Records N4.8trn 10-year Revenue Shortfall

Within a 10-year period covering 2010 and 2019, the Federal Inland Revenue Service (FIRS) recorded a revenue shortfall of N4.88tn, figures obtained from the FIRS have indicated. The FIRS data showed that during the 10-year period, the service generated about N43.41tn revenue from taxes. When compared to the N48.29tn targeted revenue set by the Federal … Read more

Access Bank Acknowledged Most Sustainable Bank In Nigeria

How Access Bank Pitched A Winning Business Model To MTN – Aig-Imoukhuede

Access Bank Plc has been acknowledged as the Most Sustainable Bank in Nigeria for the third consecutive time at the 2019 Central Bank of Nigeria Sustainability Awards held at the 2019 Bankers Committee Gala Night in Ogere, Ogun State, Nigeria. The Bank was also awarded first position in other categories such as the ‘Most Sustainable … Read more

7 Interesting Things You Should Know About Year 2020

7 Interesting Things You Should Know About Year 2020

It is just a few hours to the end of 2019 and the beginning of a new year – 2020. The new year comes with a lot of expectations and resolutions. As the entire world looks forward to the unveiling of a new year, Ekohotblog brings you a compilation of a few interesting facts you … Read more

See FRSC’s New Year Message To Nigerians

FRSC

The Corps Marshal, Federal Road Safety Corps (FRSC), Dr Boboye Oyeyemi, has sent a new year message to Nigerians. In the message read by his Public Education Officer, Mr Bisi Kazeem, on Tuesday in Abujato, Oyeyemi urged Nigerians to be vigilant against the menace of road traffic accidents in the country, adding that joint effort … Read more

Human Rights Commission Seeks Justice For Children Set Ablaze

Human Rights Commission Seeks Justice For Children Set Ablaze

Efforts to arrest suspects who allegedly set ablaze two children at Waduruk community, Shen village, Jos South local government area of Plateau state have intensified as the National Human Rights Commission, NHRC has intervenes with a view of getting justice for the victims. Ekohotblog gathered that 11 years old God’sgift Nyam and about five years … Read more

N305/$ Exchange Rate Has Stabilised Naira – ABCON

N305/$ Exchange Rate Has Stabilised Naira – ABCON

The Association of Bureaux De Change Operators of Nigeria (ABCON) on Sunday defended the Central Bank of Nigeria’s (CBN’s) N305 to dollar exchange rate policy. It said the decision has helped in stabilising the naira. ABCON President Aminu Gwadabe explained that the N305/$ exchange rate is for settling government obligations and not a transactional rate … Read more

2019: Nigeria’s Stock Market Ends In Red, 2020 Offers Hope

2019: Nigeria’s Stock Market Ends In Red, 2020 Offers Hope

By- Chinyere Joel-Nwokeoma (NAN) With no fewer than six days of trading before the year ends, it is almost certain that transactions on the Nigerian Stock Exchange (NSE) will close in the red zone. The outgoing year is, indeed, turning out to be yet another locust year for both local and foreign investors, due to … Read more

See Why CAC Boss Was Ordered To Step Down

See Why CAC Boss Ordered To Step Down

Azuka Azinge, Acting Registrar of the Corporate Affairs Commission (CAC) has been asked to step down as head of the commission by the Code of Conduct Tribunal (CCT). Ms. Azuka stood trial before CCT on the 23rd of December on an eleven-count charge over fake declaration of assets. She was also arraigned for collecting allowances … Read more

Money Heist: Armed Robbers Trapped Inside Bank, Surrender (VIDEO)

Suspected robbers who took siege of a First Bank of Nigeria branch in the Mpape area of Abuja have been stuck inside the bank building after they were unable to carryout their operation.

Reports say that they broke into the bank in the morning on Saturday guns blazing but got stuck in the bank after learnung that the bank had been surrounded by the police.

Policemen and soldiers ringed the premises after they were deployed to the scene.

Journalists tried to reach the spokesman of the Federal Capital Territory (FCT) police command, Anjuri Manzah, but were unable to

It was later disclosed by the police that four of the alleged robbers were in their custody while one other got the end of the gun as he tried to escape arrest.

The Federal Capital Territory’s police comissionner, Bala Ciroma, disclosed that one of the arrested men was a staff of the bank.

In a phone interview with TheCable, the commissioner said, “We have concluded the operation. Four suspects arrested and one dead. One of them is an insider but we are still investigating.”

 

 

Gombe: Gov. Inuwa Yahaya Signs N130.83bn 2020 Budget

Gombe: Gov. Inuwa Yahaya Signs N130.83bn 2020 Budget

Gombe State Governor, Inuwa Yahaya, has signed the 2020 budget passed by the Gombe State House of Assembly into law. He assented to the bill during a brief ceremony on Friday at the Government House in Gombe, north-east Nigeria. The N130.83 billion Appropriation Act tagged ‘Budget of Change’ has N71.04 billion for capital expenditure while … Read more

Quilox: See Why Shina Peller Was Detained By The Police

Shina Peller

The Lagos State Police Command has disclosed that member of House of Representatives member and club owner, Shina Peller was arrested and detained after he stormed Maroko Police Station with over 50 thugs to remove some vehicles seized by Police at his club. According to the state Police Public Relations Officer, Bala Elkana, Shina Peller’s … Read more

Atleast 19,273 Failed Teachers’ Exams Says Professor Segun Ajiboye

Atleast 19,273 Failed Teachers' Exams Says Professor Segun Ajiboye

The Registrar and Chief Executive of the Teachers Registration Council of Nigeria, TRCN, Professor Segun Ajiboye on Sunday revealed that 53,674 candidates passed the November diet of the Professional Qualification Examination, PQE, organised by the Council to certify teachers in Nigeria. The breakdown of the results, according to the Registrar, showed that 72,947 wrote the … Read more

Group Berates US For Placing Nigeria On Watch List

Donald Trump, the President of the United States, says he added Nigeria and six others to his travel ban list as a result of happenings around the world.

A group identified as the “Coalition Against Terrorism and Extremism,” has berated a report by President Donald Trump‘s the United States, which placed Nigeria under a special watch list of countries. Ekohotblog had reported earlier a statement by Michael Pompeo, the US Secretary of State, had explained that Nigeria was placed on the list for … Read more

Actualizing Safety Law And Regulation, Where Are We?- Barrister Sanusi

Actualizing Safety Law And Regulation, Where Are We- Barrister Sanusi

Secretary to the Lagos State Safety Commission on legal matter, Ms Tola Sanusi has highlighted issues of safety as a critical tool for the development and protection lives and property. READ ALSO: Safety Regulation Key For Effective Judiciary – Lagos Attorney General Ekohotblog reports that Ms Tola Sanusi gave the highlights during her presentation at … Read more

See Why NIS Mandated All Officers To Undergo Drug Tests

Nigeria Immigration Service

….Graduates 509 Officers The Nigeria Immigration Service has mandated all its officers to undergo drug tests to ensure proper handling of weapons. The Comptroller General of the NIS, Mr Muhammad Babandede, disclosed this in a statement by the Service Public Relations Officer, Mr Sunday James, on Saturday in Abuja. He warned officers and men to … Read more

Shell Writes down $2.3bn On Weaker Economic Outlook

Shell Writes down $2.3bn On Weaker Economic Outlook

Royal Dutch Shell said on Friday it expected to write down up to $2.3 billion in the fourth quarter, the latest major energy company forced to shrink estimates for sector values due to a weaker economic outlook. In a trading update ahead of full year results, Shell also lowered its oil products sales forecast, pointing … Read more

Reps Approve N278bn Budget For FCT, N238bn For Customs

House of Representatives

The House of Representatives has approved the budget of the Federal Capital Territory for 2020, totalling N278,355,365,947. Out of the figure, N55,878,241,095 is set aside for personnel cost and N62,343,723,435 for overhead cost, while the balance of N160,133,401,417 is for capital expenditure. The approval followed the adoption of the report by the Committee on FCT … Read more

FG To Hike Electricity Tariff, See Why

FG To Hike Electricity Tariff, See Why

The Minister of Power, Saleh Mamman has revealed that Nigerians will start paying more on electricity supply as the Federal Government plans to boost power supply. According to Mamma, improvement in electricity supply necessitated the need to increase the electricity tariffs. Already, there is ongoing tariff reform in the power sector for the eleven power … Read more

US Places Nigeria On Special Watch List, See Why

Donald Trump, the President of the United States, says he added Nigeria and six others to his travel ban list as a result of happenings around the world.

Donald Trump, the President of the United States, has placed Nigeria on a special watch list of nations involved in or tolerated religious persecution. Ekohotblog reports that this was made known in a statement on Friday. December 20 by the Secretary of State Michael Pompeo. This online news medium understands that Nigeria was added to … Read more

Nigerian Governors Visit Dangote Refinery, Lekki

Nigerian Governors Visit Dangote Refinery, Lekki

Eleven Nigerian governors on Friday stormed the Dangote Refinery and Petrochemicals in Lekki, Lagos to have on the spot assessment of the massive project. The governors are Ahmadu Umaru Fintiri (Adamawa), Okezie Ikpeazu (Abia), Mallam Nasir El-Rufai (Kaduna), AbdulRahman AbdulRasaq (Kwara), Prince Dapo Abiodun (Ogun), Godwin Obaseki (Edo), Dr. Kayode Fayemi (Ekiti), Babajide Sanwo-Olu (Lagos), … Read more