Monday , 29 April 2024

Author Archives: NewsThumb Magz

100 Billion Tax Evasion : EFCC arrest Fowler over fraud allegations against Alpha Beta

The Economic and Financial Crimes Commission is presently interrogating a former Chairman of the Federal Inland Revenue Service, Babatunde Fowler, over the N100 billion tax evasion allegations levelled against a tax firm, Alpha Beta Consulting. Fowler, who was also a former Chief Executive Officer, Lagos State Internal Revenue Service, responded to an invitation from the EFCC on Monday. A former ... Read More »

Ecobank Restates Commitment To AfCFTA

 The Managing Director, Ecobank Nigeria, Patrick Akinwuntan has said the bank is prepared to partner with other organizations to explore the opportunities available in the African Continental Free Trade Area (AfCFTA).  Akinwuntan in his remark at an event in Lagos pointed out that the pan African bank was set up primarily for the economic integration and development of Africa, stressing ... Read More »

WAEC RELEASES 2O2O WASSCE RESULTS

Barring any unforeseen circumstances, students who sat for the 2020 West African Senior School Certificate Examination (WASSCE) will be able to access their result today. This is going by the West African Examination Council(WAEC)’s tweet that the results the will be released today.The results would have been released earlier but for the #EndSARS protest which brought activities to its kneel. ... Read More »

When a Bank Puts SMEs First

Last week will go down as one of the most challenging weeks, if not the most challenging, Nigeria has faced in 2020. What started out weeks before as very well-organised peaceful protests by young Nigerians campaigning to #EndSARS, was supplanted by hoodlums engaging in wanton looting, arson and destruction of public and private properties across many states at an unprecedented ... Read More »

LASAA remains the  regulatory Agency for billboards and signages in Lagos State 

The  Management of Lagos State Signage and Advertising Agency (LASAA) has said it has become  necessary to reassure stakeholders in the outdoor advertising industry in Lagos State that they are still in charge of regulating outdoor advertising and signages in the state contrary to the spurious claim of a notable Lagos politician that Loatsad Media regulates and controls the erection ... Read More »

Lagos State House of Assembly Constituency Stakeholders’ Meeting hosted by Hon. Adewale Temitope

Hon. Adewale Temitope, the Lagos State House of Assembly Member representing Ifako-Ijaiye 01 gives an account of stewardship and further promised constituency members to present other needs discussed at the meeting at the assembly for deliberation towards implementation. “I have already released the sum of N10million to the committee for immediate relief to those affected by the aftermath of the ... Read More »

Zenith Brings Biometric Option To ATMs

Zenith Bank, Nigeria’s most profitable bank has introduced a biometric option for customers in transacting at its Automatic Teller Machines. The biometric option which the bank communicated to customers on Thursday morning allows them to use the fingerprint to identify themselves and make transactions on ATMs. The development is bound to be an exciting option for customers who are in ... Read More »

POWER ISSUES : Lawmakers seek sanctions for DisCos for ‘defrauding Nigerians’

  …Nigeria now generates 13,000mw of power’ THE House of Representatives on Wednesday asked the Minister of Power to sanction the Electricity Distribution Companies (DisCos) for “irresponsibility” and “wickedness” in power distribution. Lawmakers took turns to recount the experiences of their constituents in the hands of DisCos, who they accused of defrauding Nigerians with impunity. They said nothing would bring ... Read More »

SANWO-OLU AWARDS SCHOLARSHIP TO CHILDREN OF POLICEMEN WHO DIED IN LAGOS VIOLENCE

•Also To Compensate Their Families •Lagos To Rebuild Burnt Police Stations, Give Life Insurance For Officers Police officers lynched in the wake of the violence instigated by the nationwide youth demonstration against police brutality will not die in vain, Lagos State Governor, Mr. Babajide Sanwo-Olu, pledged. The State Government, on Wednesday, directed Lagos State Scholarship Board to award scholarship to ... Read More »

UPDATE : Okonjo-Iweala elected WTO DG

Ngozi Okonjo-Iweala, Nigeria’s nominee for the office of the director-general of the World Trade Organisation, has emerged winner of the highly competitive race. Okonjo-Iweala was chosen as the final candidate for the much-coveted role. She polled 104 votes from 164 member countries to defeat how South Korea’s trade minister at the final stage of the race. She has broken many ... Read More »

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