The Federal Government of Nigeria has organised six zonal public hearings across the country for the review of the National Minimum Wage. The hearings are scheduled to hold in the North-East (Yola), North-West (Kano), North-Central (Abuja), South-South (Uyo), South-East (Enugu), and South-West (Lagos). The South-West Zonal Public Hearing, which will be chaired by the Minister […]
Political Economy
African Alliance Restates Commitment To Strengthening Partnership With Customers
….Pledges Sustained Joy For Insured In Life Assurance African Alliance Insurance has expressed its commitment to exceeding expectations of its stakeholders, particularly in this period of hard times. The company, a leading player in the risk-underwriting business with over six decades of expertise in the life assurance sector, is presently charting a course to making […]
Oronsaye Report: ASCSN Cautions FG Against Implementation-Linked Job Loss
As anxieties continue to mount over the planned implementation of the Stephen Oronsaye report by the Federal Government, the Association of Senior Civil Servants of Nigeria (ASCSN), has warned that job losses associated with the implementation of the report could further escalate industrial action by the organized labour in the country.. The National President of […]
NCC Sheds Light On Blockage Of Previously Linked SIM Cards To NINs
The Nigerian Communications Commission (NCC) on Monday clarified why previously connected SIM cards to subscribers’ National Identification Numbers (NINs) were blocked by mobile network operators (MNOs). The commission’s Director, Public Affairs Department, Reuben Muoka, who made this clarification when he featured on Channels Television’s Morning Brief Programme, explained that subscribers whose NINs were not properly […]
LIRS Reminds Taxpayers On March 31 Annual Tax Return Filing Deadline
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 […]
Investment Experts Forecast Bearish Sentiment In NGX
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 […]
Obaseki Expresses Concern Over Latest CBN’s Policies
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 […]
CPPE Seeks Review Of EEL Policy To Support Businesses
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 […]
Transcorp Power Announces Listing On NGX Main Board
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 […]
NIN-SIM Linkage: 40Mn Subscribers Now Disconnected – ALTON
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. […]