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ICPC vows to clamp down on tax evaders

The Independent Corrupt Practices and Other Related Offences Commission (ICPC), on Friday, vowed to go after Nigerians, particularly highly-placed people, evading taxes. This is just as the Federal Government said it projected to generate at least N1.9trn in taxes from those who had been ...

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Naira nears 1,000/$ on black market

Naira, Nigeria’s currency on Monday showed signs of appreciating to N1,000 before the end of the week as it has risen to N1,115 on the black market. Some traders were quoting dollars at the rate of N1,118 and N1,120 on the parallel market on Monday. At the official foreign exchange (FX) market ...

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Total blackout as National grid collapses again

By Ochogwu Sunday The Enugu Electricity Distribution Company Plc, EEDC, on Monday alerted its customers of a total system collapse, causing blackout in the entire Southeast. EEDC in a statement issued by its Head of Corporate Communications, Emeka Eze, said the incident occured at about 2am on ...

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