Deductions On Budget Support Facility To States Commences July – NEC
The National Economic Council (NEC) says there is an agreement with the Central Bank of Nigeria (CBN) to commence deductions on the budget support facility to states this month. Gov. Abdullahi Sule of Nasarawa State...
How Angry Parents Chased El-Rufai’s Commissioner Over Fresh Abductions
Samuel Aruwan, Commissioner for Internal Security and Home Affairs in Kaduna State, got more than he bargained for on Monday when he visited Chikun Local Government Area of Kaduna State. The commissioner had led a...
FIRS Generates N650bn Revenue In June
The Federal Inland Revenue Service (FIRS) says it has generated N650 billion revenue in June. The Director, Communications and Liaison Department, FIRS, Mr Abdullahi Ahmad, disclosed this in a statement in Abuja on Wednesday. Ahmad said...
Group Canvases Gender Mainstreaming In AfCFTA Implementation
Organisation of Women in International Trade (OWIT) Nigeria is seeking gender mainstreaming in the implementation of African Continental Free Trade Agreement (AfCFTA) in the country. The President of OWIT Nigeria, Ms Blessing Irabor, made this...
NEITI Commends NASS On Passage Of PIB
The Nigeria Extractive Industries Transparency Initiative (NEITI) has welcomed with excitement, the bold step by both chambers of the National Assembly to pass the Petroleum Industry Bill (PIB). NEITI gave the commendation in a statement...
Oil Producing States Deserve More Than 3 Per Cent Allocation — IPMAN Chair
Mr. Joseph Obele, Chairman, Rivers State Chapter of the Independent Petroleum Marketers Association of Nigeria (IPMAN), has expressed his dissatisfaction over the three per cent oil derivation take approved by the senate for oil...
Reps Investigate $30bn Alleged Revenue Leakage
The House of Representatives has commenced investigative hearing into alleged 30 billion dollars annual revenue leakages arising from payments on account of foreign currency denominated contracts by companies. James Faleke, Chairman, House Committee on Finance...
Women Empowerment: AfDB To Provide $500m To Businesses By End Of 2021
The African Development Bank (AfDB) has said it would provide 500 million dollars of lending to women-empowered businesses by the end of 2021, through its programme for women. President of the AfDB, Dr. Akinwumi Adesina,...
Google Earmarks $6m For Female Startups, Entrepreneurs In Africa
Google on Monday said it has renewed its commitment to support startups in Africa with a combined six million dollars funding to startups founders and female entrepreneurs in Africa. Nitin Gajria, Managing Director of Google...
5G Will Become Fastest Adopted Mobile Generation In History- Report
Ericsson, a multinational telecommunications company says that 5G will soon become the fastest adopted mobile generation in history. Ericsson made this known in a statement on Wednesday in Lagos, noting that subscriptions were increasing at...
FG Approves Establishment Of N15trn Infraco Plc To Boost Infrastructure Dev. – Buhari
President Muhammadu Buhari has approved the establishment of Infraco Plc, a world-class infrastructure development vehicle wholly focused on Nigeria with a capital structure of N15 trillion. The president revealed this on Saturday in a broadcast...
Chairman of Audit Committee Institute Calls for Akintola Williams University
The Chairman of Audit Committee Institute (ACI), Christian Ekeigwe, has called for the establishment of Akintola Williams University of Africa. Ekeigwe who is a fellow of The Institute of Chartered Accountants of Nigeria (ICAN) and Certified Public Accountant (CPA, Massachusetts), described Mr. Akintola...
CBN Extends Naira 4 Dollar Incentive For Diaspora Remittances
The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank announced the extension on Wednesday through a memo by...
