By Rukayat Moisemhe Stakeholders have advised government to pursue initiatives that will widen tax net instead of increasing taxes to reduce the burden of taxation in the country. They spoke in Lagos during the fifth symposium of Issuers and Investors Alternative Dispute Resolution Initiative (IIADRI) Clinic with the theme: “NigeriaContinue Reading
By Rukayat Moisemhe The Vice-Chancellor of Pan Atlantic University, Prof. Enase Okonedo, says there is need for organisations to balance the interplay between culture and corporate governance to minimise organisational conflicts. Okonedo said this at the Institute of Directors Nigeria (IoD) 2023 Biennial Lecture on Thursday in Lagos. It hadContinue Reading
By Lydia Ngwakwe Naira on Thursday lost against the dollar at the Investors and Exporters window, exchanging N702.19 to the dollar. The local currency depreciated by 5.75 per cent when compared with N664.04 for which it exchanged for the dollar on Wednesday. The open indicative rate stood at N658.50 toContinue Reading
By Constance Athekame The Transmission Company of Nigeria(TCN) says it has restored power supply to its Alagbon Transmission Substation after a fire incident. The incident, which happened about 4.32pm on Wednesday affected one of its 60 Mega Volt Ampree (MVA) power transformers in the substation. Mrs Ndidi Mbah, GeneralContinue Reading
Firstbank, SMEDAN representatives at the Execution of a Memorandum of Understanding (MOU) for the FirstBank/SMEDAN Partnership in Lagos By Lydia Ngwakwe FirstBank of Nigeria Ltd. on Wednesday signed a Memorandum of Understanding (MoU) with the Small and Medium Enterprises Development Agency of Nigeria(SMEDAN) to develop and promote MSMEs. Continue Reading
By Rukayat Moisemhe ACIOE Associates, Africa’s leading advisory services firm, has reaffirmed its commitment to inspiring and transforming African businesses via strategic and proven growth advisory solutions to spur economic development. The Chief Executive Officer, ACIOE Associates, Mr Ekenem Isichei, said this in a statement on Sunday in Lagos. IsicheiContinue Reading
By Angela Atabo The Independent Petroleum Marketers Association of Nigeria (IPMAN), has commended President Bola Tinubu for subsidy removal and tasked him on palliatives for Nigerians. Mr Debo Ahmed, National President of IPMAN, said this while addressing newsmen in Abuja . Ahmed said that for a long time IPMAN hadContinue Reading
By Okon Okon President Bola Tinubu has suspended the Central Bank Governor (CBN), Mr Godwin Emefiele from office with immediate effect. The Secretary to the Government of the Federation (SGF), Sen. George Akume, made this known in a statement on Friday in Abuja. According to Akume, this is sequel toContinue Reading
By Rukayat Moisemhe Economic experts have classified pensioners and public servants as those critical to benefit from fuel subsidy removal amid other economic issues. Dr Andrew Nevin, the Chief Economist, PriceWaterHouseCoopers (PwC), said this in a report on Friday from the Nairametrics Q2 2023 Economic Outlook Webinar. Nevin who commendedContinue Reading
By Naomi Sharang Forum of Commissioners for Finance of Nigeria has called on the Federal Government to ensure that all accruals from the removal of fuel subsidy go to the Federation Account. Outgoing Chairman of the Forum, Mr David Olofu made the call at a valedictory session for outgoing StateContinue Reading
