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GTBank Ordered to Calculate, Remit VAT on Eight Years of Remita Fees
The Public Accounts Committee (PAC) of Nigerias House of Representatives has instructed Guaranty Trust Bank (GTBank) to calculate and remit the Value Added Tax (VAT) owed on commissions earned through the Remita platform between 2015 and 2022. This directive follows an ongoing investigation into
Enugu Rangers Secure Narrow Victory in CAF Champions League Qualifier
Substitute Kazeem Ogunleye's late goal earned Enugu Rangers a 1-0 win over Angola's Sagrada Esperanca in a CAF Champions League qualifier on Friday. The 18-year-old striker scored with a well-placed shot from just outside the box, sealing the victory in the southeastern Nigerian city of Uyo. </p
President Tinubu Applauds Trade Balance Report as Nigeria Achieves Record Surplus
President Bola Ahmed Tinubu has expressed satisfaction with Nigeria's latest trade balance report, showing confidence in the ongoing reforms of his administration. The new report, released by the National Bureau of Statistics (NBS), highlights a trade surplus of ?6.95 trillion for the s
Man Utd Report Net Loss of £113.2Million for 2023-24
Manchester United have reported a net loss of £113.2 million for the year ending June 30, according to their latest accounts. This follows losses of £28.7 million for 2022-23 and £115.5 million for 2021-22, bringing their total losses over the past five years to more than £370 million.
Generous $34,000 Offer to Lure Immigrants Out of Sweden
Swedens government announced on Thursday that it plans to significantly increase the financial assistance available to immigrants who choose to return to their home countries to incentivise more migrants to make this decision. Starting in 2026, immigrants who voluntarily return to their
Arteta Commits to Arsenal with New Three-Year Contract
Arsenal manager Mikel Arteta has reportedly agreed to a fresh three-year contract with the Premier League club, ending speculation about his future. The 42-year-old has been leading the Gunners since 2019 and has guided them to consecutive second-place finishes in the league, but his pr
Paul Pogba's Brother and Five Others Charged With Extortion
World Cup winner Paul Pogbas brother, Mathias Pogba, is set to face trial along with five other men in connection with an extortion case targeting the soccer player two years ago. The prosecutor's office announced on Tuesday that Mathias Pogba has been ordered to stand trial for the off
NIRSAL Appoints Babajide Arowosafe as New Managing Director
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc) has appointed Mr. Babajide Arowosafe as its new Managing Director and Chief Executive Officer. This announcement coincides with the inauguration of a newly reconstituted Board of Directors, held during the 21st
Turkiye Eyes Offshore Exploration Partnership with Libya Amid Energy Talks
Turkiye is interested in a proposal with Libya to collaborate on offshore energy exploration, Turkish Energy Minister Alparslan Bayraktar confirmed on Wednesday. "Libya has offered to us to work with our exploration vessels offshore," he told the state-owned Anadolu news agency. "Frankl