By Taiye Olayemi The Nigerian stock market closed on a positive note Wednesday, adding N1.185 trillion to its value. Market capitalisation surged by 1.57 per cent to reach N76.761 trillion, up from N75.576 trillion recorded on Tuesday. Similarly, the All-Share Index (ASI) rose by 1,466.87 points, or 1.22 per cent,Continue Reading
By Raji Rasak The Seme Command of the Nigeria Customs Service (NCS) generated N3.5 billion in revenue between January and May. The Controller of the command, Dr Benedict Oramalugo, disclosed this during a working visit of the Zonal Coordinator of the NCS, Zone A, ACG Charles Orbih to the command.Continue Reading
By Taiye Olayemi The National Insurance Commission (NAICOM) has urged actuaries to design effective risk management strategies and develop products that meet society’s evolving needs. Mr Olusegun Omosehin, Commissioner for Insurance and Chief Executive Officer of NAICOM,Continue Reading
By Muhyideen Jimoh President Bola Tinubu will on Thursday sign into law, four critical tax reform bills aimed at transforming Nigeria’s fiscal and revenue framework. The Presidential Spokesperson, Mr Bayo Onanuga, disclosed this in a statement on Wednesday in Abuja. The News Agency of Nigeria (NAN) reports that the billsContinue Reading
By Lucy Ogalue The Nigeria Association of Small and Medium Enterprises (NASME) has called for the institutionalisation of intervention funds as revolving schemes to ensure sustainable financing for Micro, Small and Medium Enterprises (MSMEs) in Nigeria. Dr Abdulrashid Yerima, President of NASME, made the call during a panel discussion atContinue Reading
By Okeoghene Akubuike Mr Olayemi Cardoso, Governor of the Central Bank of Nigeria(CBN), says fostering greater strategic cohesion among African countries will secure Africa’s future. Cardoso said this at the African Export-Import Bank (Afreximbank) 32nd Annual Meetings(AAM2025) in Abuja on Wednesday. He said this should be done by accelerating theContinue Reading
By Kadiri Abdulrahman Nigeria is building a tax administration that will be effective in revenue mobilisation and also responsive to challenges faced by tax payers. The Minister of State for Finance, Dr Doris Uzoka-Anite said this on Tuesday in Abuja, at the TaxADR Roundtable, with the theme “unlocking Revenue andContinue Reading
By Nana Musa The Minister of Finance and Coordinating Minister for the Economy, Mr Wale Edun, says Federal Government revenue rose to N6.9 trillion in the first quarter. Edun made this known on Monday during the Citizens and Stakeholders’ Engagement on implementing President Bola Tinubu’s priorities for the second quarter,Continue Reading
By Taiye Olayemi The Nigerian stock market opened bullish on Monday, leading to N279 billion gains for investors and sustaining the previous week’s gain. The positive performance was driven by increased investors interest in large capitalised stocks like Beta Glass, Champion Breweries, FTN Cocoa Processors and 43 other stocks. Specifically,Continue Reading
By Diana Omueza The Sea Empowerment and Research Centre (SEREC) has urged the Federal Government to impose taxes on empty unreturned containers especially rickety ones to decongest the ports. Mr Eugene Nweke, Head Researcher at SEREC, made the call at a news conference on Monday in Abuja. Nweke said thatContinue Reading
