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A report read on the floor of Lagos House of Assembly, has uncovered how NIMCO construction company Ltd has been short-changing the state government. The report which detailed how NIMCO had defrauded the government to the tune of several hundreds of millions, which includes non-payment of tax, was read to...
As part of an effort to aid trades among African countries and strengthen the continent's economy, an all-encompassing and highly anticipated payment system anticipated, the Pan-African Payments and Settlement System (PAPSS) has been officially launched. The payment technology was launched in Accra, Ghana, on Thursday, January 13, in a virtual...
Air Peace CEO Allen Onyema discusses why its customers experience flights cancellation. For Allen Onyema, the Chief Executive Officer (CEO) of Air Peace, cancellation of flights is what its customers face due to unforeseen circumstances. In an interview with This Day, where he explained why that happens sometimes, Onyema said Air...
VAT in Nigeria has been making news headlines in recent times. Unmask NG would recall that a Federal High Court sitting in Port Harcourt, on Monday, August 9, 2021, declared that the Rivers government and not the Federal Inland Revenue Service (FIRS) should collect VAT in the state. The ruling became pertinent as...
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, said the intervention of the apex bank has led to a huge reduction in imported rice from Thailand. Emefiele made this known on Tuesday when he spoke at the unveiling of the FCT mega rice pyramids under the RIFAN-CBN Anchor Borrowers’...
Nigeria’s candidate for the  World Trade Organisation's (WTO) Director-General (DG), Dr. Ngozi Okonjo-Iweala has expressed confidence, saying she's not scared of the ongoing competition with other countries' candidates. As the race for the WTO job enters the final month, Okonjo-Iweala claimed to be uncowed. The 66-year-old said the reforms she spearheaded as Nigerian...
Star Quest, which debuted in 2002 was one of the pioneering music talent shows that graced television screens of Nigerians. It was sponsored by Nigerian Breweries Limited, makers of Star Larger Beer and one of the greatest spenders on entertainment in the country.  Launched with the primary aim of producing the...
A piece of emerging information has it that billionaire Femi Otedola might soon be announced as the chairman of First Bank, as he’s on a shopping spree of the financial institutions’ shares. According to a source who disclosed this development on a condition of anonymity, the energy tycoon is acquiring a lot of shares...
Nigerians may soon start to pay more for the purchase of petrol. This is according to marketers of the commodity. In the latest development on the possible increment of petrol, oil marketers under the aegis of Independent Petroleum Marketers Association of Nigeria (IPMAN) and the Petroleum Products Retail Outlets Owners Association of...
Sunday, November 14, 2021, was a sad day for the African richest man Aliko Dangote, who lost his brother Sani, to a protracted illness in the United States (US). In a statement seen by Unmask NG on Monday, November 15, Dangote Industries, the conglomerate Sani served as a Vice President...