The Lagos State Internal Revenue Service (LIRS), on Monday issued a formal notification to all individual taxpayers, including self-employed individuals and employees under the PAYE Scheme to file their annual tax returns on or before 31st March this year in compliance with the stipulations outlined in the Personal Income Tax Amendment Act (PITA) Cap P8 […]
Amid the prevailing foreign exchange FX and other micro and macroeconomic whirlwinds in Nigeria’s landscape, investment experts at Bancorp Securities Limited, a leading investment research and consulting services provider, have predicted trading sessions in the Nigerian Exchange (NGX) would be dominated by bears. The analysts, who made the forecast in the firm’s ‘Weekly Stock Recommendation […]
Governor of Edo State, Godwin Obaseki, has expressed some concerns about some of the monetary policies recently introduced by the Central Bank of Nigeria (CBN) based on what he considered as the potential detrimental impacts of the implementation on the nation’s economy. It would be recalled that the apex bank had last week, through its […]
The Centre for the Promotion of Private Enterprise (CPPE), a frontline private sector advocacy organization in Nigeria, has called on the Federal Government to immediately review its recently introduced Expatriate Employment Levy (EEL) policy in view of the negative implications of its implementation for the economy. The Centre, in a Note issued on Sunday by […]
Transnational Corporation Plc (Transcorp Group) has announced the listing of its subsidiary, Transcorp Power Plc, by introduction on the main board of the Nigerian Exchange (NGX). This disclosure was contained in a statement released by the Transcorp Group’s Company Secretary, Stanley Chikwendu, on Monday. According to the statement, there will be a “Facts Behind the […]
Telecommunications companies in the country at the weekend disclosed that over 40 million subscribers who did not present their National Identity Numbers (NIN) in line with Nigeria’s Subscribers Identification Module (SIM) and NIN linkage policy had been disconnected from service providers’ networks. The chairman of the Association of Licensed Telecommunications Operators of Nigeria (ALTON), Engr. […]
… To Inaugurate Fashion Hub, Adire Shared Facility in Ogun The Vice President, Kashim Shettima, will on Tuesday declare open the Expanded National Micro, Small and Medium Enterprises (MSMEs) Business Clinics in Abeokuta, Ogun State, as part of the activities lined up for his one-day visit to the state. The Expanded National MSMEs Business Clinic […]
Minister of State for Youth Development, Mr. Ayodele Olawande, has commended the Nigeria Deposit Insurance Corporation (NDIC) for its achievements in safeguarding depositors from the adverse impacts of bank failures. Specifically, the minister lauded the Corporation for consistently supporting the Central Bank of Nigeria (CBN) in overseeing the banking sector and contributing to the stability […]
The Central Bank of Nigeria (CBN), on Friday successfully concluded a sale of government securities, issuing N1.053 Trillion (US$680 million) in short-term instruments as part of its liquidity management measures. Specifically, the apex bank offered N500 billion at the Open Market Operations (OMO) auction and the offer was oversubscribed, selling N1.053 trillion, with 79% of […]
Ogun State Government has unveiled plans to train 100,000 Small Medium Enterprises (SMEs) owners, especially youths, on emerging technologies, towards empowering them for contributions to the current drive towards digitalization of the economy. The ICT capacity building initiative would be pursued through GetFundedAfrica Technologies (GFAT) in partnership with Microsoft, Google and Meta In his keynote […]