Business

FAAC shares N2.43trn among FG, states, LGs

FAAC shares N2.43trn among FG, states, LGs

•As CIT, CGT, stamp duties, VAT collections decline By Emma Ujah The Federation Account Allocation Committee (FAAC) has shared N2.428 trillion among the three tiers of government, Federal Government, state governments and local government councils. This comes as collections from Companies Income Tax (CIT), Capital Gains Tax (CGT), Stamp Duties and Value Added Tax (VAT) […]
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Power: Africa tired of being in darkness – Adesina

Power: Africa tired of being in darkness – Adesina

President of Africa Development Bank, AfDB, Dr. Akinwumi Adesina has declared that Africa is tired of being in darkness and that it is time to take decisive action and turn around the narrative to light up and power the continent.

Four jailed for assaulting EEDC staff, vandalism

Four jailed for assaulting EEDC staff, vandalism

The Enugu Electricity Distribution Company (EEDC) has reiterated its commitment to protecting its staff and prosecuting anyone or group that attacks or inflicts harm on them while going about their legitimate duties.