Following the order of Honourable Justice Aikawa of the Federal High Court, Lagos the Asset Management Corporation of Nigeria (AMCON) at the weekend tookover an asset belonging to Dr. John Warimeme Abebe, the Chief Promoter of Inducon Nigeria Limited over…
By Samuel Ibiyemi President Muhammadu Buhari has mandated ministries, departments, agencies and business enterprises to grant access to the Federal Inland Revenue Service (FIRS) to their systems for the purposes of tax collection nationwide. Buhari’s directive to MDAs and business…
The National Directorate of Employment (NDE) has engaged 260 unemployed youths in Nasarawa State under its Basic National Open Apprenticeship Scheme (B-NOAS) to make them self reliant. The state Acting Coordinator of NDE, Mr Rotgak Go’ar, disclosed this during the…
The federal government repeated recourse to its Ways and Means facility (WMF) with the central bank (CBN) highlights weaknesses in public finance management, says Fitch Ratings. Sustained use of direct monetary financing could raise risks to macroeconomic stability – given…
The President, African Development Bank (AfDB), Akinwumi Adesina, has said that Africa remains fertile ground for investment, but much hinged on the continent’s ability to boost its healthcare sector. Adesina spoke on Wednesday at the Africa Investment Conference, a virtual…
The African Development Bank (AfDB) and the European Investment Bank (EIB) have signed a Joint Action Plan to strengthen cooperation between both banks and support investment across Africa. The signing ceremony for Joint Action Plan with EIB was organised virtually…
The National Bureau of Statistics (NBS) has said average air fare increased by 18.54 per cent Year-on-Year (YoY) performance in December 2020. The bureau said the Transport Fare Watch report for December 2020 covers the following categories namely bus journey…
Naira at the Investors & Exporters Foreign Exchange (I & E FX) depreciated by 0.21 per cent to close at N394.17 against the dollar on Wednesday. Also, Naira closed up by 2.93per cent and 3.15 per cent against the Euro…
Federal Govern-ment has pledged its commitment to supporting Micro, Small and Medium Enterprises (MSMEs) in order to create more job opportunities for the nation’s teeming youths. The Director General of Small and Medium Enterprises Development Agency (SMEDAN) Alhaji Dikko Radda…
The Chartered Institute of Bankers of Nigeria Centre for Financial Studies, (CIBN) has said that there was an acceleration of digital customer services and interactions in 2020 due to the COVID-19 crisis. CIBN President, Mr Bayo Olugbemi, made the disclosure…
