By Hamza Suleiman Borno Governor, Babagana Zulum, has approved a two-year tax waiver for traders affected by the September 2024 flood disaster and Maiduguri Monday Market traders. The Chairman of the Borno State Internal Revenue Service (BO-IRS), Prof. Ibrahim Bello, announced this on Sunday while briefing journalists in Maiduguri. HeContinue Reading
By Taiye Olayemi The stock market closed the week on a positive note with market value growing by N91 billion. Specifically, market capitalisation which opened at N67,102 trillion, closed at N67,193 trillion, gaining N91 billion or 0.14 per cent. Similarly, All-Share Index improved by 146 points or 0.14 per centContinue Reading
By Nana Musa The National President, Independent Petroleum Marketers Association of Nigeria (IPMAN), Alhaji Abubakar Maigandi, says the Federal Government has promised to pay the outstanding bridging claims and resolve other issues soon. Maigandi said this in a statement issued by Ukadike Chinedu, IPMAN National Publicity Secretary inContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) has appealed for the continued support of external solicitors of the corporation in facilitating debt recovery and assets realisation of failed banks. Mr Hassan Bello, the Managing Director of NDIC, made the appeal at the 2024 Sensitisation Seminar for External SolicitorsContinue Reading
By Naomi Sharang The Chairman of the Senate Committee on Finance, Sen. Sani Musa, has assured that the Senate would produce legislation from the tax reform bills aimed at making Nigeria’s economy a trillion-dollar base. He added that President Bola Tinubu had tasked the National Assembly with this goal andContinue Reading
By Kadiri Abdulrahman Transcorp Power Plc has declared a revenue growth of 115 per cent in 2024, amounting to N305.9 billion and an operating profit after tax of N80.01 billion. Mr Emmanuel Nnorom, Chairman, Board of Directors, Transcorp Power Plc disclosed this on Tuesday in Abuja, at the companies’ AnnualContinue Reading
By Salif Atojoko President Bola Tinubu says he strongly supports an Africa-led credit rating agency (ACRA), saying it will provide fairer, more transparent credit assessments for African economies. The President said this at the 38th Ordinary Session of the Assembly of the African Union (AU) Heads of State and GovernmentContinue Reading
By Vivian Emoni The Abuja Chamber of Commerce and Industry (ACCI) hosted a webinar on Tuesday to educate Small and Medium Entrepreneurs (SMEs) on the significance of insurance in strengthening business sustainability in Nigeria. Mr Agabaidu Jideani, Director-General of ACCI, explained that the purpose of the session wasContinue Reading
By Rukayat Moisemhe The Abia State Government and the management of Radisson Blu Hotels on Friday signed a Memorandum of Understanding (MoU) to revive the state’s hospitality industry. Dr Alex Otti, Governor of Abia, at the signing ceremony in Lagos, stated that the agreement was to facilitate the buildingContinue Reading
Dr Alim Abubakre of These Executive Minds (TEXEM) has described digital disruption as a strategic tool for leaders to enable innovation and growth in their organisations. At a Strategic Leadership Programme in Oxford, Abubakre said that this would ensures that their organisations remain competitive in the fast-changing globalContinue Reading
