The Nigerian Stock Exchange (NSE) has secured the final approvals of the Securities and Exchange Commission (SEC) and Corporate Affairs Commission (CAC) for its demutualisation plan, thereby concluding the Plan’s processes which commenced about two years ago. With the approved demutualisation plan, the NSE has now transformed to a new non-operating holding company, the Nigerian […]
The House of Representatives has called on the Federal Government to rally States and Local Government Councils’ support for full implementation of the Contributory Pension Scheme ((CPS) in line with the National Pension Commission’s guidelines on the scheme. The call by the lawmakers was sequel to the deliberation on a motion titled ‘Full Implementation of […]
The African Tax Administration Forum (ATAF), an umbrella body for all tax administrators in Africa, has called on African leaders to discontinue all tax policies that impose unfair burdens on women who are financially stressed, denying them the opportunity to break out of the cycle of poverty and to contribute more constructively to wider economic […]
South-South Governors on Tuesday demanded the upward review from 2.5 per cent to 10 per cent, appropriated to the Trust Fund for host oil Communities in the Petroleum Industry Bill (PIB) now before the National Assembly. The Chairman of the South-South Forum and Delta State Governor, Dr Ifeanyi Okowa, was quoted by News Agency of […]
Oil prices sustained their upward swing on Monday while stock markets trade was mixed as investors weighed worries over high inflation against the reopening of virus-hit economies. A news report by AFP indicated that after Asian indices closed mostly lower, with sharp losses in Hong Kong and Shanghai, Europe pushed higher approaching the mid-way point. […]
In celebration of International Women’s Day and to mark the rollout of the Affirmative Finance Action for Women in Africa (AFAWA) Guarantee for Growth programme, the African Development Bank (AfDB) and the African Guarantee Fund (AGF) are showcasing the first beneficiaries of the AFAWA Guarantee for Growth programme. The programme is an innovation aiming to […]
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, on Tuesday said the apex bank’s Anchor Borrowers’ Programme (ABP) had restated the need for all stakeholders to sustain current efforts championed by the Bank to galvanize agricultural production towards meeting the food and other agro-based requirements of Nigeria’s growing population. Emefiele gave […]
BudgIT, one of the civil society organizations committed to transparency and accountability in Nigeria’s public finance system, has accused some state governments of failing to give account of their states’ COVID-19 expenditures despite repeated demand by it for such disclosure since last year. As part of BudgIT’s mandate to promote transparency and accountability in public […]
Nigeria’s former Finance Minister and Supervisory Minister for Economy, Dr. Ngozi Okonjo-Iweala, on Monday resumed as the new Director General of the World Trade Organisation (WTO) at the organisation’s headquarters in Geneva, Switzerland. Okonjo-Iweala thus becomes the first woman and first African to head the global trade body. Hope that the Nigerian former minister would […]
The Nigerian National Petroleum Corporation (NNPC) and the Independent Petroleum Marketers Association of Nigeria (IPMAN) on Monday advised motorists and other fuel users in the country against panic buying as fuel queues resurfaced at the weekend to in Abuja and Lagos. Investigations by BRTNews.ng on the downstream market situation both in Lagos and Abuja showed […]