By Okeoghene Akubuike The Bureau of Public Procurement (BPP) has warned public sector procurement officers against hindering ongoing procurement reforms or face appropriate sanctions. Dr Adebowale Adedokun, Director-General (D-G), gave the warning in a statement by Zira Nagga, Head, Public Relations, BPP in Abuja on Monday. According to Nagga, theContinue Reading
By Okeoghene Akubuike The National Bureau of Statistics (NBS) has reaffirmed its commitment to providing credible, high-quality, and accessible data to support evidence-based policymaking aimed at driving sustainable national development and transformational change. Adeyemi Adeniran, the Statistician-General of the Federation and Chief Executive Officer of the NBS, made this knownContinue Reading
By Ginika Okoye The Securities and Exchange Commission (SEC) has urged stockbrokers to uphold the highest level of professionalism and ethical conduct to ensure a fair and transparent market. The Director-General of SEC, Dr Emomotimi Agama, said this in a notice to stockbrokers in Abuja on Sunday. Agama said upholdingContinue Reading
By Ginika Okoye Some trade experts have called for a harmonised simplified, low cost and time limited incentives to encourage micro businesses to formalise or register their ventures. The experts said this in the MoniePoint Informal Economy Report, 2025, unveiled in Abuja. Foyinsolami Akinjayeju, the Chief Executive Officer of EnhancingContinue Reading
By Rukayat Moisemhe Financial experts have urged taxpayers to understand the goals behind the country’s new tax system, set to take effect on Jan. 1, 2026, to ensure a smooth and beneficial transition for Nigerians. They gave the advice at the American Business Council (ABC) event on Friday inContinue Reading
By Taiye Olayemi The Nigerian Exchange Ltd. (NGX) All-Share Index and Market Capitalisation appreciated by 1.35 per cent and 1.36 per cent to close the week at 148,977.64 and N94.561 trillion, respectively. These figures compared favourably with 146,988.04 and N93.296 trillion recorded in the previous week. Consequently, equities investors gainedContinue Reading
By Bushrah Yusuf-Badmus The President, Chartered Institute of Taxation of Nigeria (CITN), Mr Innocent Ohagwa, says the new tax reform will rather benefit the downtrodden than impoverish them. Ohagwa made the clarification on Saturday at the Investiture of the 7th Chairman of CITN Ilorin and District Society and the inaugurationContinue Reading
By Kadiri Abdulrahman The Governor of the Central Bank of Nigeria (CBN), Yemi Cardoso, says the country’s economic reforms are yielding visible results. Cardoso said this in Washington DC at the end of the Annual Meetings of the IMF/World Bank. He said that the reforms were placing the country onContinue Reading
By Kadiri Abdulrahman The World Bank is developing the International Finance Corporation (IFC2030) strategy to strengthen private capital mobilisation, its President Ajay Banga, said in Washington DC. Banga, who was speaking during the plenary of the annual meeting of the bank, said that such reforms were the foundation towards achievingContinue Reading
By Nana Musa The Minister of State for Finance, Dr Doris Uzoka-Anite, has reiterated the country’s commitment to structural reforms, job creation and resilient infrastructure as central pillars of its economic transformation agenda. Uzoka-Anite told journalists on the sidelines of the 2025 International Monetary Fund (IMF)/World Bank Group (WBG) AnnualContinue Reading
