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States And Revenue Generation

States And Revenue Generation

The current state of revenue generation in the country is giving Nigerians genuine cause for concern. A recent report revealed that only two states, Lagos and Rivers, are economically viable. This means the remaining 34 states heavily depend on monthly federal government allocations to pay salaries and carry out other essential activities. This is a … Read more

Tax Bills And EFCC’s Largest Recovery

Tax Bills And EFCC’s Largest Recovery

One salient issue dominating discussions in Nigeria today is President Bola Ahmed Tinubu’s tax reform bills. Some Nigerians believe that these bills were designed to benefit Lagos and Rivers States, while impoverishing other regions, particularly the northern states where citizens already face extreme poverty. Borno’s Governor Babagana Zulum warned that if passed in their current … Read more

FG Files Charge Against Nigerdock, Directors Over Alleged Tax Evasion

FG Files Charge Against Nigerdock, Directors Over Alleged Tax Evasion

The federal government has filed a six-count charge of alleged tax evasion against Nigerdock Nigeria Limited and seven of its directors before the Federal High Court in Lagos. The seven directors named in the charge marked FHC/L/910c/2024, alongside Nigerdock Nigeria Limited, are Maher Jarmakani, Adewale Akanbi, Michael Akhigbe, Daniel Ayscough, Patrick Van Uden, Adebola Adesoye, … Read more

UNICEF Lauds Jigawa’s 30% Budget Allocation To Education

UNICEF Lauds Jigawa’s 30% Budget Allocation To Education

United Nations Children Funds (UNICEF ) has commended the Jigawa state government for allocating 30 per cent of its 2024 budget, which significantly helps address out-of-school children and improve the state education sector. The UNICEF Chief of Field Office Kano, Mr Rahma Rihood Mohammed Farah, made the commendation while answering questions from newsmen during the … Read more

Bitcoin hits $100,000 for first time

Bitcoin hits $100,000 for first time

Bitcoin broke $100,000 for the first time ever on Thursday. Photo: Yuri CORTEZ / AFPSource: AFP Bitcoin broke the $100,000 mark for the first time Thursday on hopes US president-elect Donald Trump will push through measures to deregulate cryptocurrencies when he takes office next month. The cryptocurrency hit $100,010 in early Asian trade, having enjoyed … Read more

Top Nigerian Newspaper Headlines For Today, Thursday, 5th December, 2024

Top Nigerian Newspaper Headlines For Today, Tuesday, 3rd December, 2024

Good morning Nigeria. Welcome to the Henzodaily roundup of top newspaper headlines in Nigeria for today, Thursday 5th December, 2024 President Bola Ahmed Tinubu has returned to Nigeria after concluding official visits to France and South Africa, where he co-chaired the 11th Bi-National Commission in Cape Town. Henzodaily reports that the president’s plane landed at the … Read more

OPEC+ expected to extend oil supply cuts

OPEC+ expected to extend oil supply cuts

The OPEC oil cartel and its allies are expected Thursday to extend their supply cuts to avoid a sharp drop in prices in a global market awash in crude. However, dissension that caused a delay in the meeting originally scheduled for Sunday has created some doubts about it being able to maintain the cuts that … Read more

Nigerians to Enter South Africa Without Wisa? President Ramaphosa Gives Important Clarity

Nigerians to Enter South Africa Without Wisa? President Ramaphosa Gives Important Clarity

The South African presidency has clarified that Nigerians applying for visas in the southern African country will still have to submit certified copies of their passportsThere have been controversies in the country following the announcement by President Cyril Ramaphosa that South Africa has announced President Ramaphosa has said that the simplified visa process for Nigerians … Read more