The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that the apex bank had paid N81 billion in rebates to Nigerian exporters to support their export-oriented businesses as a monetary policy step towards improving the nation’s foreign exchange earnings. Emefiele made this disclosure on Tuesday in his keynote address at […]
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has flawed the current global tax rules for largely favouring the developed countries and canvassed the urgent need for review of most of the rules in order to ensure fairness in the international tax order and enable the developing countries, the major revenue sources, […]
Nigeria’s leading economist and development expert, Prof. Pat Utomi, has charged African governments to prioritize entrepreneurship, especially the Micro, Small and Medium Enterprises (MSMEs), through appropriate policy frameworks and other supportive initiatives in order to explore the opportunities availed by the African Continental Free Trade Area (AfCTA) agreement for sustainable growth of their economies. Utomi, […]
The Centre for the Promotion of Private Enterprise (CPPE), a leading consultancy championing advocacy for improved environment for the nation’s organized private sector (OPS) has charged the Federal Government to adopt policy measures and other initiatives to fix the nation’s economy. The group, in a statement issued by its Chief Executive Officer, Dr. Muda Yusuf, […]
Analysts at Bancorp Securities Limited, one of Nigeria’s leading investment research and consulting firms, on Monday predicted that the nation’s equities market would sustain its positive momentum this week as investors will rev up search for value-yielding stocks with good potential for return on their investments. The investment researchers, in the firm’s ‘Weekly Stock Recommendations: […]
The Securities and Exchange Commission (SEC) Nigeria has cautioned fund managers still in the habit of holding on to client’s funds and securities to desist from such unprofessional or unethical practice or face appropriate sanctions. The commission’s Director-General, Mr. Lamido Yuguda, gave this warning while briefing journalists at the weekend on the key decisions taken […]
The Nigerian Communications Commission (NCC) has said that the ongoing process to auction two additional lots in the 3.5GHz spectrum for Fifth Generation (5G) is part of efforts that will further liberalize access to high-speed mobile broadband for all Nigerians. The Executive Vice Chairman/Chief Executive Officer (EVC/CEO) of NCC, Prof. Umar Danbatta, made this remark […]
The National Bureau of Statistics (NBS) at the weekend disclosed that it had commenced the Nigeria Labour Force Survey (NLFS) and Nigeria Living Standards Survey (NLSS) exercise nationwide and solicited the public support for the surveys. The Statistician-General of the Federation/NBS’ CEO, Prince Adeyemi Adeniran, who disclosed this during the National Sensitisation workshop for the […]
A new report by the African Development Bank (AfDB), the African Union (AU) and the United Nations Industrial Development Organization (UNIDO) has revealed that Nigeria, commonly rated as the ‘Giant of Africa’, did not rank among the fast-growing industrial countries in Africa. The just published Africa Industrialization Index (AII) report indicated that 37 out of […]
The Executive Chairman of the Lagos State Internal Revenue Service (LIRS), Mr Ayodele Subair has been conferred with the ‘Most Innovative CEO of The Year Award 2022’ by the New Telegraph newspapers. The New Telegraph Newspapers, organizers of the award explained that Subair was honoured for his landmark strides since he became the LIRS Executive […]