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Saturday, 10 December 2016 02:02

FG, recession and taxes - Press Release by NIG

New Independence Group ( NIG) wishes to implore the Federal Government to reconsider its ongoing approach of taxing the economy out of recession. In a statement issued in Lagos on Friday, and signed by its Convener, Professor Akinyemi Onigbinde, the group submitted that the path being toed, if pursued further, will hurt the economy more than it will help it, yet counter-productive to the intention of the Administration to shore up the revenue base of government, in view of the shortfall of expected income from proceeds of crude oil. According to the socio-economic think tank, a further increase in taxation…
January 15, 2025

Nigerian stock market loses N1.1trn in major selloff

The Nigerian Exchange Limited (NGX) experienced a significant decline yesterday as investors lost N1.1 trillion…
January 11, 2025

Ohanaeze Ndigbo gets new President-General

John Azuta-Mbata, a former senator, has been elected as the new president-general of Ohanaeze Ndigbo,…
January 15, 2025

Essential skills needed to make money online in 2025

Melissa Houston Due to technological advancements and global digitization, there are growing opportunities to make…
January 04, 2025

Shy man cuts off 4 fingers instead of telling boss he wanted to quit his…

A 32-year-old Indian man admitted to cutting off four fingers on his left hand to…
January 14, 2025

Boko Haram’s strategy created 60,000 child fighters, military chief says

Chief of Defence Staff (CDS), Christopher Musa, has disclosed that over 60,000 children are among…
January 15, 2025

Here’s the latest as Israel-Hamas war enters Day 467

Gaza ceasefire appears close as US, Egyptian leaders put focus on 'coming hours' Negotiators were…
December 25, 2024

Stem cell therapy to correct heart failure in children could 'transform lives'

Renowned visionary English physician William Harvey wrote in 1651 about how our blood contains all…
January 08, 2025

NFF appoints new Super Eagles head coach

The Nigeria Football Federation (NFF) has appointed Éric Sékou Chelle as the new Head Coach…

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