BudgIT, a non-governmental organisation (NGO) committed to public finance transparency and accountability in the country, has charged the National Assembly to guard against padding of the 2023 budget by Ministries, Departments and Agencies (MDAs) in view of current economic reality in the country. The Country Director of the group, Mr. Gabriel Okeowo, was quoted by […]
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Sustainable Finance Principles In Nigeria Will Stimulate Africa’s Growth – Yuguda
The Director General of the Securities and Exchange Commission (SEC) Nigeria, Mr. Lamido Yuguda, has said that given her rich human and natural endowments, Nigeria is positioned to embrace sustainable finance principles required to attract investment for Africa’s sustainable growth. Yuguda made this remark during a lecture he delivered to mark the IOSCO World Investor […]
NCC Committed To FG’s Anti-Corruption Crusade – Danbatta
The Nigerian Communications Commission (NCC) has reaffirmed its commitment to collaborating with other government agencies towards supporting Federal Government’s anti-corruption campaigns in line with its recognition as an ethically-compliant public institution by the Independent Corrupt Practices and Other Related Offences Commission (ICPC). The Director, Human Capital and Administration, Mr. Usman Malah, who represented the Executive […]
Non-Interest Capital Market Will Catalyze Housing Sector’s Devt – Yuguda
The Securities and Exchange Commission (SEC) Nigeria has said that the non-interest segment of the capital market is capable of financing the housing sector and by so doing lead to better well-being of the citizenry as well as improved performance of other sectors of the nation’s economy. Director-General of the SEC, Mr. Lamido Yuguda, who made […]
CBN To Launch New Naira Notes By December 15
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Wednesday announced plans by the Federal Government to put into circulation new Naira notes effective from December 15 this year as part of monetary policy measures to efficiently manage the currency. The apex bank governor disclosed that the redesigned new banknotes of […]
Senate Tasks Digital Economy Ministry On Awareness About Start-Up Act 2022
The Senate has charged the Ministry of Communications and Digital Economy to intensify public awareness on the newly enacted Start-up Act 2022 with a view to sensitizing millions of Nigerian youths on the benefits and opportunities of the law. The Chairman of the Senate Committee, Information and Communications Technology (ICT) and Cybersecurity, Sen. Oseni Yakubu, […]
Senate Tasks Digital Economy Ministry On Awareness About Start-Up Act
The Senate has charged the Ministry of Communications and Digital Economy to intensify public awareness on the newly enacted Start-up Act with a view to sensitizing millions of Nigerian youths on the benefits and opportunities of the law. The Chairman of the Senate Committee, Information and Communications Technology (ICT) and Cybersecurity, Sen. Oseni Yakubu, gave […]
Nigeria Can Meet OPEC’s Oil Production Quota – NUPRC Boss
…..Says Policy On Gas Emission Reduction Underway The Chief Executive Officer of Nigerian Upstream Petroleum Regulatory Commission (NUPRC), Engr. Gbenga Komolafe, has expressed optimism that Nigeria can meet the Organisation of Petroleum Exporting Countries’ (OPEC’s) oil production quota, in spite of the current insecurity challenges in the upstream sector of the hydrocarbon resources industry. […]
FIRS Begins Direct Tax Collection From Online Gaming Operators
The Federal Inland Revenue Service (FIRS) has commenced the deduction of taxes at transaction points from Online Gaming companies using the Sentinal National Payment Gateway and Electronic Solution. In a Public Notice signed by its Executive Chairman, Muhammad Nami, the Service, while directing full compliance by the online gaming community, stated that the Sentinal National Payment Gateway, […]
Trapped Funds: CBN To Disburse $120Mn To Foreign Airlines
Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has disclosed that the Federal Government will disburse $120 million to international airlines plying the Nigerian routes next Monday, October 31, to partly offset their trapped funds in the country. The governor disclosed that the decision was taken at a meeting between the leadership of […]