In a significant development, the House of Representatives Public Accounts Committee has issued a directive to Guaranty Trust Bank (GTB) to calculate and remit Value Added Tax (VAT) owed on commissions from Remita transactions spanning from 2015 to 2022. This mandate, aimed at ensuring compliance with tax regulations, was shared via the official handle ofContinue reading "House of Representatives Orders Guaranty Trust Bank to Remit VAT on Remita Commissions Worth Billions"
“Governor Fintiri Rallies Support for Borno Flood Victims: Calls for Urgent Action After Heartbreaking Visit to Maiduguri”
Adamawa State Governor, Ahmadu Umaru Fintiri, has expressed deep sorrow and solidarity following a recent visit to flood-ravaged Maiduguri, Borno State. Taking to his official X handle, Fintiri shared his harrowing experience, describing the devastation wrought by the catastrophic floods that have claimed lives, displaced thousands, and wiped out livelihoods in the region. "Today, IContinue reading "“Governor Fintiri Rallies Support for Borno Flood Victims: Calls for Urgent Action After Heartbreaking Visit to Maiduguri”"
“Dangote Executive Reveals Nigeria’s Crude Oil Dilemma: Importing from the US and Brazil, Exporting Our Own”
In a surprising turn of events, the Vice President of Dangote Industries Limited, Devakumar Edwin, has shed light on a perplexing issue in Nigeria's oil industry. Taking to the company’s official X handle, Edwin disclosed that Nigeria, despite being one of the world’s leading oil producers, is heavily dependent on importing crude oil from countriesContinue reading "“Dangote Executive Reveals Nigeria’s Crude Oil Dilemma: Importing from the US and Brazil, Exporting Our Own”"
Adamawa Government Demonstrates Solidarity: Donates N50 Million and 6 Speedboats to Borno Flood Victims
In a powerful show of regional solidarity, the Adamawa State Government, under the leadership of Governor Ahmadu Umaru Fintiri, has donated N50 million and six speedboats to support victims of the devastating floods in Borno State. The announcement was made via the government’s official X (formerly Twitter) handle, reflecting a compassionate and proactive approach inContinue reading "Adamawa Government Demonstrates Solidarity: Donates N50 Million and 6 Speedboats to Borno Flood Victims"
“INEC Chairman and National Peace Committee Lead Peace Accord Ceremony Ahead of Edo 2024 Governorship Election”
In preparation for the highly anticipated 2024 off-cycle governorship election in Edo State, the Independent National Electoral Commission (INEC) Chairman, Prof. Mahmood Yakubu, alongside his team, participated in the Edo State Peace Accord ceremony. The announcement was made via INEC Nigeria's official X handle.The ceremony, which drew significant attention, was organized under the esteemed leadershipContinue reading "“INEC Chairman and National Peace Committee Lead Peace Accord Ceremony Ahead of Edo 2024 Governorship Election”"
“Atiku Abubakar Mourns Late Monarch, Oba Gabriel Aromolaran, Describes Him as a Father Figure”
Former Vice President of the Federal Republic of Nigeria, Alhaji Atiku Abubakar, Wazirin Adamawa, has expressed deep sorrow over the passing of the Owa Obokun of Ijeshaland, Oba Gabriel Adekunle Aromolaran, a revered monarch and esteemed father-in-law to him.Taking to his official X (formerly Twitter) handle, Atiku Abubakar penned an emotional tribute, reflecting on theContinue reading "“Atiku Abubakar Mourns Late Monarch, Oba Gabriel Aromolaran, Describes Him as a Father Figure”"
CBN’s 30-Day Ultimatum: PoS Operators Face Tight Scrutiny on Transaction Tracking
In a bold move to tighten financial monitoring and enhance transparency, the Central Bank of Nigeria (CBN) has issued a 30-day deadline to Point of Sale (PoS) operators, mandating stricter transaction tracking measures.This development was announced on the official X (formerly Twitter) handle of Nigerian Stories, sending ripples through the financial sector and the burgeoningContinue reading "CBN’s 30-Day Ultimatum: PoS Operators Face Tight Scrutiny on Transaction Tracking"
EFCC Declares War on Bandit Finances: Vows to Tighten Grip on Banks and Cut Off Terrorist Funding
In a decisive move to cripple the financial lifelines of bandits and terrorists, the Economic and Financial Crimes Commission (EFCC) has pledged to intensify its grip on banking systems, monitoring transactions, and cutting off funds flowing to criminal networks. The Vanguard Newspaper via it's X handle announced that the anti-corruption agency has vowed to dismantleContinue reading "EFCC Declares War on Bandit Finances: Vows to Tighten Grip on Banks and Cut Off Terrorist Funding"
President Tinubu Approves N108 Billion Relief Fund to Combat Natural Disasters Nationwide
In a bold and decisive move, President Bola Ahmed Tinubu has approved the allocation of a massive N108 billion relief fund to support states grappling with the devastating impact of natural disasters. The news, shared via Nigerian Stories' official X handle, has sent ripples of hope across the nation, as each state is set toContinue reading "President Tinubu Approves N108 Billion Relief Fund to Combat Natural Disasters Nationwide"
NEDC Launches Lifeline Initiative, Distributes 200,000 Bags of Rice to Flood Victims in Borno and Adamawa
In an urgent and compassionate response to the recent flood disaster, the North East Development Commission (NEDC) has commenced the distribution of a staggering 200,000 bags of rice to flood victims in Borno and Adamawa states. The announcement, made through the official X handle of Nigerian Stories, marks a vital lifeline for thousands of familiesContinue reading "NEDC Launches Lifeline Initiative, Distributes 200,000 Bags of Rice to Flood Victims in Borno and Adamawa"
