Prince Arthur Eze Builds $800,000 (288 Million Naira) School In South Sudan

An oil company owned by Nigerian businessman, Mr Arthur Eze, Oranto Petroleum Ltd, is planning to build two schools in South Sudan. Already, the firm has completed the award of the contract for the construction of two primary schools to be located in Yirol and Rumbek, two communities located in central South Sudan and northwest of Juba, the country’s capital. Estimated at over $800,000, the project for the construction of the schools will be executed by local construction company Dynamic Supplies and Construction Limited, in line with Oranto’s policy to…

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Tax Evasion: FG to seize accounts of nearly 7,000 billionaires

  Head of Nigeria’s tax agency, Federal Inland Revenue Service (FIRS) says Nigeria is now strategizing on how to seize bank accounts of of nearly 7,0000 billionaires who have defaulted on paying their taxes months after the expiration or Voluntary Assets and Income Declaration Scheme (VAIDS) introduced by last year by the Federal Government. Tunde Fowler, chairman of FIRS last June that it had recovered up to N219 billion through the VAIDS to date,although Kemi Adeosun, country’s minister of finance says it the government has data suggesting that several people…

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Business News: Buhari sanctions banks, MTN

BREAKING! President Buhari already briefed of nine (9) banks who hide $2.1bn of NNPC fund diverted from being passed through TSA …..and sanctions already imposed on the 9 banks – Putting this in perspective, $2.1bn @ N320/$ = N672bn. This is approx. 37.0% of the total N1.8tn earmarked for capital expenditure in 2016 budget and almost at par with the N691bn Federal Allocation shared by the FAAC in July 2016. 9 Banks hiding this huge amount of money that belongs to FG and some people are saying Buhari should slow…

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The Professional Class is about to beBlindsided by A1

The professional class is about to be blindsided by Al’ What we really need to worry about is AI-related labour market disruption, not just for factory workers, but for brain workers too. “I think the global professional middle class is about to be blindsided. She cites a recent competition at Columbia University between human lawyers and their artificial counterparts, in which both read a series of non-disclosure agreements with loopholes in them. “The AI found 95 per cent of them, and the humans 88 per cent,” she says. “But the…

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