The Nigerian Communications Commission (NCC) has cautioned consumers on the patronage and use of devices that have not been typed-approved and other counterfeit devices, saying that the use of such devices negatively affect the quality of experience while leaving their users vulnerable to losses and other discomforts. The warning came following the Commission’s enforcement activities […]
Tag: revenue
IOSCO Sets Investor Protection Agenda For Capital Market Regulators
The International Organization of Securities Commissions (IOSCO) has set some reform agenda for capital markets regulators globally to protect investors and by implication, ensure sustainable growth of their bourses. The umbrella body for capital market regulatory institutions globally in its just published report titled ‘Investor Behaviour and Investor Education’ noted that the COVID-19 pandemic did […]
NCC Restates Commitment To Gender Equality In Information Technology Space
The Executive Vice Chairman (EVC) of the Nigerian Communications Commission (NCC), Professor Umar Danbatta, has restated the commission’s commitment to ensuring there is a balance in the representation of females in the information technology (IT) ecosystem. Danbatta gave this assurance at the ICT Quiz competition for Girl’s in Senior Secondary Schools organized by Nigerian Women in […]
Investors Lose N62Bn As Bears Renew Hold On Equities Market
Nigerian Exchange Limited (NGX) trading session closed negative on Tuesday as investors lost N62 billion following bears’ return of hold on the bourse. At the end of the session, the All-Share Index (ASI) dipped by 0.23% to close at 47,322.97 points while the market capitalization depreciated by N62 billion, thereby dipping the market value to N25.7 […]
NCAA Gives Aero Contractors Nod To Resume Flight Operations
The Director-General of the Nigerian Civil Aviation Authority (NCAA), Capt. Musa Nuhu, has cleared Aero Contractors for resumption of flights across its routes nationwide. Nuhu, who made this disclosure on Tuesday in Abuja said the clearance was sequel to the Memorandum of Understanding (MoU) signed with the airline on the payment of its outstanding 5% Ticket Sales […]
CBN Supports Exporters With N81Bn Rebates, Harps On Value-Addition
The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has disclosed that the apex bank had paid N81 billion in rebates to Nigerian exporters to support their export-oriented businesses as a monetary policy step towards improving the nation’s foreign exchange earnings. Emefiele made this disclosure on Tuesday in his keynote address at […]
Current International Tax Rules Unfavourable To Developing Countries – Ahmed
The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has flawed the current global tax rules for largely favouring the developed countries and canvassed the urgent need for review of most of the rules in order to ensure fairness in the international tax order and enable the developing countries, the major revenue sources, […]
Tackling Entrepreneurs’ Challenges Crucial To Benefiting From AfCTA – Utomi
Nigeria’s leading economist and development expert, Prof. Pat Utomi, has charged African governments to prioritize entrepreneurship, especially the Micro, Small and Medium Enterprises (MSMEs), through appropriate policy frameworks and other supportive initiatives in order to explore the opportunities availed by the African Continental Free Trade Area (AfCTA) agreement for sustainable growth of their economies. Utomi, […]
CPPE Tasks FG On Reform Agenda For Nigeria’s Economic Growth
The Centre for the Promotion of Private Enterprise (CPPE), a leading consultancy championing advocacy for improved environment for the nation’s organized private sector (OPS) has charged the Federal Government to adopt policy measures and other initiatives to fix the nation’s economy. The group, in a statement issued by its Chief Executive Officer, Dr. Muda Yusuf, […]
Analysts Predict Sustained Upbeat Momentum In Equities Market
Analysts at Bancorp Securities Limited, one of Nigeria’s leading investment research and consulting firms, on Monday predicted that the nation’s equities market would sustain its positive momentum this week as investors will rev up search for value-yielding stocks with good potential for return on their investments. The investment researchers, in the firm’s ‘Weekly Stock Recommendations: […]