Millions of Nigerians will begin winning incredible life-changing prizes with the commencement of operations by the National Lottery of Nigeria (NLN). Apart from lifting Nigerians from the morass of poverty with its range of exciting games playable with as little as N100, the lottery will also help combat unemployment.   Established by the Federal Government and operated by Systems and Gaming …

Nigerian employees at Bolt, the ride-hailing app, have lamented how the firm tricked them into building a new team but instead announced their sack. The employees say the move came as the company promised not to fire them, but retrain them after announcing a new investment in its Africa operations. The company laid off 17 of its 70 employees in …

An employee of the Lagos State University (LASU), Johnson Adesola died while waiting in a queue to withdraw money at a bank on the institution’s main campus in Ojo. Adesola was a Chief Executive Officer in charge of accounts at the university’s bursary department and an Executive Officer in the Accounts Department of the institution. A few minutes after he …

The National Security Adviser, Major General Babagana Monguno (rtd.) has revealed that 83 oil tankers involved in crude oil theft have been arrested, while over three million barrels of theft of crude oil has been prevented, and 11 million litres of petrol and diesel recovered. At a stakeholders’ conference on oil theft and losses held in the Federal Capital Territory, …

The governments of Kaduna, Kogi and Zamfara States have filed a contempt proceeding against the Attorney General of the Federation (AGF), Mallam Abubakar Malami and the Governor of Central Bank of Nigeria, Mr Godwin Emefiele, for failing to comply with the order of the Supreme Court suspending the ban on the old N200, N500 and N1,000 notes. A fresh proceeding …

The Central Bank of Nigeria (CBN) has debunked a purported press release shared on the Instagram page of the First Lady, Aisha Buhari. In the release shared on Aisha’s page on Tuesday, it was alleged that the old N500 and N1,000 notes remain legal tender for the next 70 days. In a nationwide broadcast last Thursday, President Muhammadu Buhari had …

The Federation Account Allocation Committee (FAAC) shared N750.17 billion among the three tiers of government in January 2023, according to a communiqué issued at the end of the committee’s latest meeting in Abuja on Monday. The figure represents a decrease of N240.02 billion compared to the N990.19 billion shared in December 2022. The amount includes gross statutory revenue, Value Added …

In a bid to promote tax compliance and sensitise the public on the importance of paying taxes, the Chartered Institute of Taxation of Nigeria (CITN) Lagos and District Society embarked on a sensitisation walk at the Mechanic Village, Agidingbi, Lagos. The walk, which was led by the sectoral group’s chairman, Zaynab Abdulkareem saw members of the Institute, including tax experts …

Meta, the parent company of Facebook and Instagram, has announced rollout plans for Meta Verified, a subscription bundle that includes a verified badge. Meta CEO, Mark Zuckerberg announced on his verified Facebook that the paid verification would be rolled out this week. A gradual test of the service will commence this week in Australia and New Zealand, according to a …

The National Chairman of the All Progressives Congress (APC), Senator Abdullahi Adamu and the Progressive Governors Forum (PGF) on Sunday called for compliance by the Federal Government to the Supreme Court order on the controversial naira swap policy. The call came on the heels of a meeting between Adamu and the APC governors in Abuja over a policy that seemingly deepens …