The Nigerian Economic Summit Group (NESG) held its Annual General Meeting (AGM) on Tuesday in Lagos to review the year ended December 31st 2023. Speaking at the meeting which featured the presentation of the group’s year-end financial statement and re-appointment and ratification of its board directors, Chairman of the Board of Directors of the NESG, […]
The House of Representatives Public Accounts Committee has advised the Securities and Exchange Commission (SEC) and Fiscal Responsibility Commission (FRC) to amicably resolve the differences on the alleged non-remittance of over N45 billion to the Consolidated Revenue Fund. Following defences put up by the SEC and FRC during the public hearing on leakages of government […]
In furtherance of its current fiscal reforms drive to optimize revenue generation and enhance ease of doing business in the country, President Bola Tinubu, on Tuesday, inaugurated a steering committee to drive an initiative called the National Single Window Project (NSWP). Speaking while inaugurating the committee at the Presidential Villa, Tinubu said the initiative was […]
The International Monetary Fund (IMF) on Tuesday predicted that Nigeria’s inflationary pressure will ease to 26% this year. The Bretton Woods institution made the prediction during its presentation of global projections from its World Economic Outlook at a news conference in Washington DC. Speaking during a press conference, Division Chief of the Research Department at […]
The Citizens Watch Africa (CWA) has commended the Executive Vice Chairman/CEO of the Nigerian Communications Commission (NCC), Dr Aminu Maida, on his efforts towards improving the nation’s telecommunications sector since his assumption of office. The convener of the group, Dave Ogbole, during a media briefing on Tuesday, said Maida had introduced commendable reforms that have not […]
The Federal Government has commenced the disbursement of the N50,000 Presidential Conditional Grant Scheme, also known as Trade Grants Scheme, to Nano businesses nationwide. The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) classifies Nano businesses as enterprises that have one or two workers and less than N3 million annual turnover. The Minister of […]
The Nigerian Civil Aviation Authority (NCAA) has suspended the Permits for Non-Commercial Flights (PNCF) licences of three private jets for engaging in commercial operations. Acting Director-General of the NCAA, Captain Chris Najomo, announced the suspension in a visual press release posted on the official NCAA X (formerly Twitter) account on Tuesday. According to him, the […]
The Minister of Finance and Coordinating Minister of the Economy, Mr. Wale Edun, on Monday hinted that the Federal Government intended to reduce the cost of tax expenditures for corporates and ensure that tax incentives have positive impacts on their operations as a strategic step towards growing the nation’s economy. The minister disclosed this while […]
The National Agency for Science and Engineering Infrastructure (NASENI) and the National Institute for Policy and Strategic Studies (NIPSS), Kuru, Plateau State, are set to collaborate on enhancing Nigeria’s digital economy footprints, empowering and creating jobs for millions of youths. The Executive Vice Chairman and Chief Executive Officer (EVC/CEO), NASENI, Mr. Khalil Suleiman Halilu, disclosed […]
The Nigerian Communications Commission (NCC) has called for written submissions from industry stakeholders on the updated draft regulatory instruments and participation in the public inquiries scheduled to soon hold in Abuja. The NCC Director of Public Affairs, Dr. Reuben Muoka, in a statement, indicated that in exercise of the commission’s functions under the Nigerian Communications […]