Tax: Wike Urged To Rethink 5% Tax For Private Schools Parents are urging the Minister of the Federal Capital Territory (FCT), Nyesom Wike to cease his plans to impose a five per cent tax on private schools operating within the territory. Wike recently approved the implementation...

FCT Businesses Record 33% Drop In Revenues Due To Insecurity According to a report by the research organization SB Morgen (SBM) Intelligence, businesses in the Federal Capital Territory (FCT) recorded a 33 percent decline in their revenues between January 2023 and January 2024. The report by...

Rivers, Lagos Lead as Public Debt Climbs to N33.1tn Nigeria’s total public debt had a 0.58 per cent marginal increase from N32.916 trillion as of December 31, 2020 to N33.1 trillion ($87.239 billion by March 31, 2021, latest figures from the Debt Management Office...

NDIC Seeks Ministry’s Support On Failed Banks’ Assets       The Nigeria Deposit Insurance Corporation (NDIC) has solicited the support of the Ministry of the Federal Capital Territory (FCT) in the realisation of landed properties of banks in-liquidation within the FCT to enable it pay depositors of...

Senate To DPR: Clamp Down On Illegal Cooking Gas Retailers       The Senate on Tuesday urged the Department of Petroleum Resources (DPR) to clamp down on illegal roadside retailers of Liquefied Petroleum Gas (LPG), popularly called cooking gas. It said such retailers should include those who either...

Powering Nigeria’s Digital Literacy Journey, by Inyene Ibanga       The acquisition of digital literacy and skills is becoming a necessity. The exposure to digital literacy empowers more citizens to safely benefit from, participate in, and contribute to the rapidly evolving digital world. It is critical to...