NAICOM mulls further liquidation of insurance companies over breaches
The National Insurance Commission (NAICOM) has said that more insurance companies may be sanctioned through liquidation as part of moves to reposition the industry. The Deputy Commissioner, Technical, NAICOM, Mr.…
Telecom subscribers to pay 5% tax on call, text, data
The Federal Government has disclosed that telecommunications subscribers would pay a 5 per cent tax on call, SMS, and data services. Indications to this development were dropped during a Nigerian…
LIRS to Launche Whistle-Blower Initiative
Executive Chairman of the Lagos State Internal Revenue Service, Mr Ayodele Subair The Lagos State Internal Revenue Service (LIRS) is set to launch its Whistle-Blower initiative, a state-wide project, introduced…
LCFE, Heritage Bank, others unlock N445trn commodities ecosystem for economic industrialization …as Exchange goes live
Lagos Commodities and Future Exchange (LCFE), Heritage Bank Plc, Capital Market players and other stakeholders have unlocked the $1trillion (N445trn) commodities ecosystem as avenue to diversify the economy from a…
Kherson: Ukraine stepping up counter offensive to retake city – sources
Ukraine's campaign to retake the occupied Kherson region is "gathering pace," Western military sources say. A key bridge into the city of Kherson is now out of action after Ukrainian…
Senate summons CBN Governor over naira fall
The Senate, on Wednesday, resolved to summon the Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele, to educate and inform senators in a closed session on the reasons…
Nigeria Air: FEC approves lease of three aircraft to commence operations
Nigeria Air The Federal Executive Council (FEC) has approved the leasing of three aircraft by the country’s national carrier, known as ‘Nigeria Air’ to enable it to commence operations. Hadi…
Electioneering period: Investors advised to take longer term perspective in capital market
Prof. Uwaleke A former Commissioner for Finance in Imo State and currently Professor of Capital Market at the Nasarawa State University Keffi, Uche Uwaleke has given insight into what to…
BudgIT raises concerns over poor performance of the 2022 budget
BudgIT, a foremost civic-tech organisation leading advocacy for transparency and accountability in Nigeria’s public financial management, has expressed concerns over the poor fiscal performance of the federal government's 2022 budget…
ASR Africa donates 3million USD for development initiative in Niger Republic
The Abdul Samad Rabiu Africa Initiative (ASR Africa) – brainchild of Industrialist, philanthropist and founder of BUA Group, Abdul Samad Rabiu, has awarded a three million US Dollars development initiative…