News

Nigerian Stock Market Bullish, Surge Surpass Previous Weeks

The Nigerian stock market witnessed a significant surge in activity this week, with investors trading a substantial volume of shares.   According to data from the Nigerian Exchange, the total value of transactions rose by 78.48% compared to the previous week.   The market’s impressive performance was driven by strong trading activity in the Financial […]

Article News

RE: Buhari’s Burial — A Response To ADC’s Obnoxious Statement

STATEHOUSE PRESS RELEASE The latest outburst from the African Democratic Congress (ADC) regarding former President Buhari’s state burial is nothing but an opportunistic exercise in manufactured outrage — a laughable tantrum by a poorly amalgamated political contraption desperately clutching at straws for relevance it will never attain. This is not the first time the ADC […]

News

Owasanoye Canvasses Collaboration Among Government Agencies to Stem Illicit Financial Flows

A former Chairman of the Independent Corrupt Practices and Other Related Offences Commission, Prof. Bolaji Owasanoye, has emphasized the need for stronger collaboration among government agencies to combat illicit financial flows that are crippling Nigeria’s economy.   According to Owasanoye, who is currently the Coordinating Director of the Proceeds of Crime Management and Illicit Financial […]

business News

Address Shortcomings in MDAs’ Withholding Tax Remittance, FIRS urges AGF 

  • July 19, 2025
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The Chairman of the Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has called upon the Accountant-General of the Federation, Mr. Shamseldeen Ogunjimi, to guarantee the timely deduction and remittance of withholding taxes from Ministries, Departments, and Agencies (MDAs) to the designated government accounts.   He delivered this message at a two-day workshop held in […]

First HoldCo Denies Otedola, FG Involvement in N323.4bn Share Sale

  First HoldCo Plc has firmly debunked widespread speculation suggesting that its Chairman, Mr. Femi Otedola, or the Federal Government of Nigeria played a role in the recent ₦323.4 billion block sale of the company’s shares.   In an official statement issued on Friday by the Company Secretary, Adewale Arogundade, the financial holding group clarified […]

Article Foreign News

Trump Administration Deported 250 Venezuelans in Secretive Exchange for Detained Americans

  In a startling revelation, reports have emerged that the Trump administration quietly deported around 250 Venezuelan nationals from a Salvadoran prison back to Venezuela in a secretive deal aimed at securing the release of American citizens held by the Venezuelan government. The operation, which took place in recent months, is being described by officials […]