The Association of Chartered Certified Accountants (ACCA) has charged tax administrators to take advantage of the current shift in the digitalisation of the global economy to optimize the efficiency of their processes and by so doing, improve their tax collection capacities. Noting that national tax collectors have always looked to the latest technological developments to […]
Spanish Prime Minister, Pedro Sanchez, on Wednesday said that his cabinet would approve next week a 22 percent increase in the monthly minimum wage to 1,050 euros ($1,192), a wage over N429,000, effective from 2019. Sanchez told the parliament the proposed wage increase document, “the biggest since 1977”, would be submitted to a cabinet meeting […]
Eli Adewole Foundation, a non-governmental organization (NGO), has announced its commitment to rendering services to humanity by empowering young entrepreneurs to achieve a sustainable future. The Foundation’s Executive Director, Hon. Adewole Olanrewaju, told journalists at an interactive session in Lagos that beyond the foundation, the NGO also drives its expectations and impacts alongside other platforms […]
The Central Bank of Nigeria (CBN) at the weekend disclosed that the Anchor Borrowers’ Programme had created 2.5 million jobs since its implementation started in 2015. Giving this hint during the annual bankers’ dinner in Lagos, the apex bank governor, Godwin Emefiele, disclosed that as at October 2018, a total number of 862,069 farmers, cultivating […]
The Managing Director of Heritage Bank Plc, Ifie Sekibo, has emphasized the need for capacity building among employees of financial institutions for improved operations. He made this remark at a 3-day yearly Internal Control and Audit Conference organised by the bank in Lagos. According to the banker, training acquired personally and arranged by corporate organisations […]
Organised labour on Thursday, said that the threat by governors to retrench workers if the proposed N30,000 wage agreed upon by the Tripartite Committee is implemented was uncalled for and tantamount to reneging on a joint agreement. The Nigeria Labour Congress (NLC) maintained that the governors threat to sack workers was not new in the […]
The Securities and Exchange Commission (SEC) has restated its commitment to further educate and enlighten investors in the Nigerian capital market to enhance their ability to make informed investment decisions. The Acting Director General of SEC, Ms. Mary Uduk, who gave the assurance on Monday at the Planning and writing workshop for the development of […]
Workers in Ondo State have threatened to embark on strike effective Tuesday, November 13, if the state government failed to pay their outstanding salaries and emoluments. The labour unions, in their letter addressed to the state governor, Rotimi Akeredolu, alleged that the governor had not been sincere in the administration of the N20 billion Paris […]
The Director General of International Labour Organisation (ILO), Guy Ryder, has charged corporate entities and other stakeholders in the global economic system to commit more resources to social protection programmes in order to address the burgeoning challenges of inequality, socio-economic deprivations, unemployment and poverty globally. Ryder, who gave the charge in his welcome address delivered […]
The Federal Government has indicated its readiness to continue the payment of stipend to beneficiaries of the N-Power 2016 Batch 1 beyond December this year. A statement issued to confirm the position of government on the extension of the stipend payment by Senior Special Assistant to the President on Media and Publicity Office of the […]