23 C
Lagos, South Africa and New York
Monday, September 21, 2020

FG appoints CBN’s Joseph Nnanna as NEXIM chairman

Abuja – Dr Joseph Nnanna, a Deputy Governor (Economic Policies) at Central Bank of Nigeria (CBN) has been named as the Chairman of Board of Nigeria Export Import Bank (NEXIM) by the Federal Government. This is contained in a statement signed by Tayo Omidiji, NEXIM...

Nigeria woos Belarusian investors on tractor assembling

MINSK, 27 March (Naija247news) – Nigeria is interested in setting up a plant to assemble Belarusian tractors, Ambassador Extraordinary and Plenipotentiary of Nigeria to Russia with concurrent accreditation to Belarus Steve Davies Ugbah told Naija2457news on 27 March in a phone chat ahead of...

Nigeria introduces new interest rate regime for outstanding tax payments

Deloitte In its renewed bid to minimise tax evasion, deter non-compliance and promote voluntary compliance, the Federal Government of Nigeria has announced a new interest rate regime for unpaid taxes. The Minister of Finance, through a recent communique, directed the Federal Inland Revenue Service...

FG Urged to Use Nigerian Communications Consultants to Frame Economic Narratives

The Federal Government has been called upon to use Nigerian Public Relations and Marketing consultants to frame the nation’s economic narratives. The appealed was made by one of Africa’s leading economists, Dr. Biodun Adedipe, at a Fireside Chat, organised by the Public Relations Consultants...

Sale of Customer’s N2.5b Goods: Access Bank states its case

Says: ‘The sale was in line with the agreement’ Contrary to the story milling around about the contrived sale of a customer’s goods worth N2.5billion by foremost financial services provider, Access Bank Plc, the bank has come out in defense of the purported sale by...

Labour Unions to ground Arik Air operation tomorrow

The labour unions in the aviation sector have threatened to shut down the operations of Arik Air on Thursday over the airline’s management’s failure to reinstate its sacked members and other issues. The unions are: the National Union of Air Transport Employees (NUATE), Air Transport...

Nigeria must do better in global competitiveness – Oby Ezekwesili

Presidential candidate of the Allied Congress Party of Nigeria, Obiageli ‘Oby’ Ezekwesili has reacted to the recently released Global Competitiveness report, which ranks Nigeria 115th out of 140 profiled countries. Ezekwesili, who is a former vice president of the World Bank for Africa,...

Wigwe to discuss AI, Cyber security with Microsoft CEO

The Group Managing Director, Access Bank Plc, Herbert Wigwe, will meet with Microsoft CEO, Satya Nadella on Thursday, to discuss issues regarding how financial institutions can further strengthen banking security and provide valued added services on digital platforms, leveraging on technology. Among other things, Wigwe...

NEITO, NSIA and NOA partner on extractive revenue management

Nigeria Extractive Industries Transparency Initiative (NEITI), the Nigeria Sovereign Investment Authority (NSIA) and the National Orientation Agency (NOA) have agreed to work together in the areas of oil revenue savings and promotion of better attitude to public office. The agencies reached this agreement at separate...

Industrialists advocate review of partial border closure policy one-year after

By Rukayat Moisemhe Lagos, Aug. 23, 2020 Some industrialists on Sunday in Lagos appealed to the Federal Government to review its policy on the partial border closure, one year after. The industrialists made the call while speaking in separate interviews with Journalists in Lagos. They said the...
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