By Emmanuel Kwada The Federal Government through the Ministry of Youth Development has re-opened applications for the Nigeria Youth Investment Fund (NYIF) programme. The Ministry of Youth Development announced this in a post on the ministry’s official X handle where it posted a link to the application. ” Call for application for Nigeria youth investment […]Continue Reading
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By Emmanuel Kwada The Corporate Affairs Commission (CAC) is set to delist over 10,000 companies, including Chisco Transport Nig Ltd, that have failed to file their annual returns for the past decade. The Commission announced in a statement on Wednesday that it had published the list of affected companies on its website, warning that it […]Continue Reading
By Emmanuel Kwada The Federal Competition and Consumer Protection Commission has imposed a $220m penalty on Meta Platforms Incorporated over alleged discriminatory practices against Nigerian data and consumers. According to a statement signed by the Acting Chief Executive Officer of FCCPC, Dr. Adamu Abdullahi, on Friday, the penalty follows a joint investigation by the Continue Reading
Key points: 78 countries, not only Nigeria, signed the EU-ACP Samoa Agreement EU financial support is worth 79.5 billion Euro Nigeria to export goods to EU now More EU investments expected in Nigeria EU to follow-up the agreement with training activities By Emmanuel Kwada The Samoa Agreement, signed between the European Union and 48 African, […]Continue Reading
Socio-Economic Rights and Accountability Project (SERAP) has urged Mr Folashodun Shonubi, Acting Governor, Central Bank of Nigeria (CBN) to “immediately delete the patently unlawful provisions in the Central Bank of Nigeria (Customer Due Diligence) Regulations directing banks to obtain information on customers’ social media handles for the purpose of Continue Reading
By Clement Adeyi The Islamic Development Bank (IsDB) has disclosed plans to invest about $7.8 billion in agriculture and rural development in Africa for a five-year period running from 2023-2027. The President of the bank, Dr. Mohammad Al Jasser, disclosed this after a meeting with the President of the African Development Bank (AfDB), Dr. Akinwumi […]Continue Reading
…Directs Banks to open their branches on Saturday and Sunday …CBN Gov to monitor compliance personally The Central Bank of Nigeria (CBN) has confirmed the evacuation of banknotes from its vaults to commercial banks across the country as part of a coordinated effort to ease the circulation of banknotes of various denominations. The CBN has […]Continue Reading
Tax administrators must keep up with the dynamics occasioned by disruptive new technologies of the 21st century, and arm themselves with the necessary skills, capacity and character for effective and efficient tax administration in the fourth industrial revolution age. This was the position expressed by the President of the Commonwealth Association of Tax Continue Reading
A Memorandum of Understanding between Nigeria’s Federal Inland Revenue Service (FIRS) and the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) was signed yesterday with the aim of fostering improved collaboration on capacity building between the two tax authorities. The two agencies signed the agreement in London, United Kingdom, and was attended by […]Continue Reading
President Muhammadu Buhari Thursday declared that for any economy to grow and create jobs, an equally vibrant and successful small and medium enterprise sector was also needed, adding that it was for this reason that he recently signed the Business Facilitation Bill into law. President Buhari spoke at State House, Abuja as he received the […]Continue Reading
Vice President Yemi Osinbajo says Nigeria’s technology ecosystem accounts for almost 30 per cent of Africa’s funded ventures with no fewer than 180 startups. Osinbajo said this at the Official Inauguration of the Investment in Digital and Creative Enterprises (iDICE) Programme and Unveiling of iDICE logo on Tuesday at the State House Banquet Hall. The […]Continue Reading
The officials of Kogi Government and Stakeholders in the financial sectors, have sensitised Kogi residents on the need to accept the old naira notes in line with the Supreme Court judgment. The News Agency of Nigeria (NAN) recalls that the Supreme Court on March 3, ruled that the new and old naira notes should co-exist […]Continue Reading