By Kadiri Abdulrahman The Central Bank of Nigeria (CBN), and the Central Bank of Egypt (CBE) have signed a Memorandum of Understanding (MoU) to establish a Nigeria – Egypt Fintech Bridge. According to a statement obtained from the website of the CBN, the MoU was signed on Tuesday at theContinue Reading
By Lydia Ngwakwe Mrs Oludolapo Adigun, Group Head, Retail Banking, South, FirstBank, has advised Small and Medium-sized Enterprises (SMEs) to see opportunity in adversity and make good use of it to stay strong in business. Adigun gave the advice at a SMEConnect webinar, organised by the FirstBank forContinue Reading
By Ismail Abdulaziz President Bola Tinubu has directed the immediate review of the palliative to cushion the effect of removal of fuel subsidy. In a statement issued by Mr Dele Alake on Tuesday in Abuja, Tinubu directed the immediate review of the N8,000 conditional cash transfer programme meant toContinue Reading
By Chiazo Ogbolu The Nigerian Ports Authority (NPA) has generated N191.4 billion revenue in the first half of 2023 and remitted N55.7 billion to the Consolidated Revenue Fund (CRF). The NPA, Managing Director, Mr Mohammed Bello-Koko, stated this in half year report on Tuesday in Lagos. Bello-Koko said that givenContinue Reading
By Yusuf Yunus The Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) says country’s petrol daily consumption figure stands at 46.34 million litres per day, due to subsidy removal by the Federal Government. Mr Ahmed Farouk, Chief Executive, NMDPRA, disclosed this during a stakeholders meeting with oilContinue Reading
By Ismail Abdulaziz African Heads of State and Government have declared their commitment to advancing integration, development and cooperation within the continent. Mr Dele Alake, Special Adviser on Special Duties, Communications and Strategy, made this known in a statement on Sunday in Abuja. The leaders, representing the Bureau ofContinue Reading
By Adekunle Williams The Oodua People’s Congress (OPC) has urged President Bola Tinubu to stop the proposed increase in electricity tariffs by the Distribution Companies (DISCOs). The OPC President, Mr Wasiu Afolabi, made the call in a statement signed by its General-Secretary, Mr Bunmi Fasehun, in Lagos on Sunday. TheContinue Reading
By Kelechi Ogunleye The Federal Government has called on the Fiscal Responsibility Commission (FRC), to ensure prompt remittance of revenues to the Consolidated Revenue Fund (CRF) by all Ministries, Departments and Agencies (MDAs). Mr Zacchaeus Adedeji, Special Adviser on Revenue to President Bola Tinubu, made the call during a visitContinue Reading
By Francis Onyeukwu The Pension Transitional Arrangement Directorate (PTAD) says staggering “I am Alive Confirmation Solution” for pensioners’ verification is to avoid network failure. Dr Chioma Ejikeme, Executive Secretary, PTAD, gave the explanation at the South-East Stakeholders Engagement Forum in Awka. Ejikeme said the agency came up with the “IContinue Reading
By Lucy Ogalue The Corporate Affairs Commission (CAC) says it will soon commence the striking off of companies that fail to comply with the Beneficial Ownership Register (BOR) implementation. The CAC Registrar-General, Alhaji Garba Abubakar, disclosed this to newsmen on Wednesday in Abuja on the sidelines of its training workshopContinue Reading
