Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, on Friday confirmed that government’s fiscal measure relating to the administration of Excise Duties on carbonated drinks would start in January 2022 The minister, who gave this hint during the ‘Public Presentation and Breakdown of the Highlights of the 2022 Appropriation Bill’, said the imposition […]
The Corporate Affairs Commission (CAC) on Friday declared that the Nigerian National Petroleum Company (NNPC) Limited had the highest share capital among registered entities in the country. The Registrar General of the commission, Barrister Garba Abubakar, made this disclosure while presenting the Certificate of Incorporation of the company to President Muhammadu Buhari at the State […]
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has highlighted the various regulatory measures of the Commission toward deepening the adoption of e-Government and other Internet-driven services in the country. The EVC listed the measures in a presentation delivered during the Nigeria e-Government Summit 2021 held in Lagos and […]
MTN Nigerian Communications Plc (MTN Nigeria), one of Nigeria’s Mobile Network Operators (MNOs), has obtained the approval of the Securities and Exchange Commission (SEC) to launch Series II 10-Year Fixed Rate Bond. A notice issued the telecom operator’s Company Secretary, Uto Ukpanah, and sent to the Nigerian Exchange Group (NXG) indicated that the Series II Bond […]
The Nigerian Postal Service (NIPOST) has increased its domestic postage rate from N50 to N250 for effective service delivery in the country. The postal service agency’s Zonal Manager, Enugu, Mr. Friday Aba, made this disclosure on Friday at a customer forum in the state to commemorate the “World Post Day”, usually celebrated annually on October […]
The Accountant General of the Federation, Ahmed Idris, has said that the recently launched Open Transparency Portal (OTP) by the Federal Government now makes it easy for members of the public to access information on financial transactions by Ministries, Departments and Agencies (MDAs). Idris made this disclosure while addressing members of the Governing Council of […]
The Deputy Secretary General of the United Nations (UN), Dr. Amina Mohammed, has said that Nigeria has a lot to gain from successful implementation of the African Continental Free Trade Area (AfCFTA) in view of the pact’s potential to improve the quality of goods and services and increase the nation’s competitiveness both in national and […]
The Centre for the Study of the Economies of Africa (CSEA), a leading think-tank research organization with primary focus on development trends in African economies, has advised the monetary authorities on the need to begin to consider factors in determining the Monetary Policy Rate (MPR) and others in future meetings of the Monetary Policy Committee […]
The Federal Airports Authority of Nigeria (FAAN) has completed the training of 121 aviation security officers. The AvSec officers, drawn from the airports in Abuja, Maiduguri, Yola, Jos, Gombe, Dutse, Sokoto, Zaria, Kaduna, Kebbi, Makurdi and Katsina were taken through the mandatory 6 weeks STP 123 Basic Course, which was both intellectual and physical. Some […]
President Muhammadu Buhari has again reiterated that some of the privatisation proceeds would be part of borrowings, totaling N5.01 trillion, to fund the deficit in the 2022 budget. The President, who reiterated the fiscal option while presenting the 2022 Appropriation Bill tagged ‘Budget of Economic Growth and Sustainability’ to the joint session of the National Assembly in […]