L-R: Mr. Olufemi Olarinde, Nigeria’s Country Correspondent to Commonwealth Association of Tax Administrators (CATA); Ms. Antonia Strachey, UK Public Finance and Tax Department, Foreign, Commonwealth and Development Office (FCDO); Mr. Muhammad Nami, Federal Inland Revenue Service (FIRS) Executive Chairman and CATA President; Mr. Jon Swerdlow, Capacity Building Unit Transparency Lead of Her Majesty’s Revenue and […]
Gold prices surged today globally but more particularly in Indian market as concerns over a new Covid-19 variant spreading in South Africa boosted the metal’s safe-haven appeal. A news report by livemint.com, an online medium, indicated that on India’s MCX, December gold futures rose 1.4% to ₹48,073 per 10 gram while silver futures jumped 0.4% to ₹63420 per […]
A new report by specialist reinsurance broker, McGill and Partners, has reflected that cyber-attacks constitute the number one concern for Board Directors of corporate entities in recent years. According to the reinsurance brokerage firm, 81% of board directors surveyed by it and NEDonBoard, the professional body for non-executive directors and board members, identified cyber-attacks as […]
New research findings by GlobalData, a leading data and analytics company, have indicated that the general insurance industry in China, the world’s fastest growing economy, could grow, in terms of direct written premiums (DWP), from CNY 1.36 trillion (USD 196.8 billion) in 2020 to CNY 2.13 trillion (USD 313.0 billion) in 2025. The firm’s latest […]
The Nigerian Communications Commission (NCC) has notified the public that the submission of responses in respect of the 3.5 Gigahertz Spectrum Band auction was scheduled to close on Wednesday, 24th November 2021. However, due to the challenges posed to air travels as witnessed recently and considering that it may have some impact on intending bidders […]
Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has advised investors in the nation’s capital market to take advantage of investment-supportive initiatives introduced under the 10- Year Master Plan aimed primarily at strengthening the market, ensuring good returns on investment and catalyzing the nation’s development. The 10- Year Master Plan initiatives include e-dividend […]
The Executive Vice Chairman and Chief Executive Officer (EVC/CEO) of the Nigerian Communications Commission (NCC), Prof. Umar Danbatta, has declared that the Commission had committed over N200 million into the promotion of research and development (R&D) in order to drive innovation in the country’s telecommunications sector. Danbatta stated this during the prize presentation ceremony of […]
Lagos State Governor, Babajide Sanwo-Olu, on Wednesday presented a budget estimate of N1.388 trillion for the 2022 fiscal year to the State’s House of Assembly for consideration. Tagged ‘Budget of Consolidation’, the Appropriation Bill 2022 provided for a recurrent expenditure of N564.93 billion, representing 40.4 percent of the proposed budget while capital expenditure was put […]
The Minister of Aviation, Senator Hadi Sirika, on Wednesday disclosed that plans had been concluded by the government to ensure the take of national airliner, Air Nigeria, by April next year. The proposed take off of the airline is coming after over three years of sustained efforts by the Federal Government to establish a national […]
The Central Bank of Nigeria (CBN) governor, Godwin Emefiele, has said that the apex monetary authority will ensure that the right things are done regarding the misgivings about the shareholding structure of the First Bank of Nigeria (FBN). The governor made the disclosure while briefing journalists on the decisions taken by the Monetary Policy Committee […]