Category: Economy

Sanwo-Olu Delivers 216 Homes In Eti-Osa, Surulere

•Names LagosHOMS Iponri Scheme After Fashola, As New Housing Project Takes Off In Ikoyi-Obalende •Lagos Builds, Hands Over Research Lab To FG In line with his administration’s effort to close the deficit in provision of comfortable housing scheme in Lagos State, the State Governor, Mr. Babajide Sanwo-Olu on Wednesday formally opened two housing projects in… Read More »

Category: Economy

Press Release ‘SON Seizes 2 Container Loads Of Imported Used Tyres In Port Harcourt’

Two Container loads of imported, used tyres, stuffed five into one, were seized by officials of the Standards Organisation of Nigeria (SON) while being off-loaded into a warehouse at the Ikoku Motor Spare Parts Market in Port Harcourt on Wednesday.The seizure was sequel to an alert provided by a patriotic Nigerian to officials of the… Read More »

Category: Economy

President Buhari Directs Strict Compliance With Payment Of Taxes By Foreign, Local Companies

President Muhammadu Buhari Thursday in Abuja directed the Federal Inland Revenue Services (FIRS) and related government agencies to plug all revenue leakages by ensuring strict compliance of tax payments by foreign companies operating in Nigeria, urging deployment of more digital platforms and seamless connections. Speaking, virtually, at the First National Tax Dialogue held at the… Read More »

Category: Economy

Okowa calls for transparency in Local Content Agency operations

Delta Governor, Senator (Dr) Ifeanyi Okowa, has charged authorities of Delta State Local Content Agency to enthrone transparency and strict adherence to enabling law in its operations to enable it to attain its mandate. The governor gave the charge on Thursday in Asaba while inaugurating the Director-General of the agency, Mr Morris Idiovwa. He disclosed… Read More »

Category: Economy

FirstBank Deepens Financial Inclusion With Largest Agent Banking Network, Empowers SMES

At present, there are over 86,000 banking agents across 772 out of the 774 local government areas in Nigeria, a demonstration of FirstBank’s commitment to deepening financial inclusion and ensuring the unbanked are adequately catered for. In an interview with BusinessDay, Adesola Adeduntan, FirstBank’s CEO, noted that over N9.6 trillion had been processed through the… Read More »

Category: Economy

Kennedy Uzoka’s Unquenchable Commitment to UBA’s Expansion & Quality Service Deliverables

Kennedy Uzoka is an Havard University Alumnus, who has over 2 decades experience covering core banking, corporate marketing, strategic business advisory services and resources management. Mr. Uzoka has also focused on the consistent expansion of UBA’s activities and services across and beyond the African continent.He is an alumnus of Harvard Business School (AMP) in Boston… Read More »

Category: Economy

Kwara Gov launches 10-year agric transformation plan

· NEPAD, govt to spend N2bn to boost food security · Plan, a product of consultations: Farmers’ body Kwara State Governor AbdulRahman AbdulRazaq on Friday launched a 10-year Agricultural Transformation Plan, which is designed to ensure food security, generate employment opportunities, and reduce poverty rate. The plan is hinged in six pillars of crop production,… Read More »

Category: Economy

NEITI, An Agent of Transparency Under Waziri’s Watch

Unknown to many, the Nigeria Extractive Industries Transparency Initiative (NEITI) was set up in 2004 to ensure due process, transparency and accountability in payments by the companies and revenue receipts by the federal government. Nigeria was one of the first oil-producing developing countries to engage with the EITI, enacting the Nigeria EITI Act and creating a… Read More »

Category: Economy

FirstBank Begins The Year With An Innovative, Convenient Virtual Payment Card

First of Bank of Nigeria Limited, Nigeria’s leading financial inclusion services provider has launched the Virtual Payment card, a Naira denominated debit card and digital representation of the plastic debit card. The card is designed to be linked to either a customer’s operative account or wallet account. The FirstBank Virtual Payment Card is a suitable… Read More »

Category: Economy

Downstream Infrastructure Rehab: NNPC Harvests Bids from 96 Reputable Firms from Various Jurisdictions for Contract

Buoyed up by the culture of Transparency, Accountability and Performance Excellence (TAPE) of the current NNPC management, no fewer than (96) prominent and reputable companies from various jurisdictions have indicated interest in undertaking the rehabilitation of the Nigerian National Petroleum Corporation’s (NNPC) downstream infrastructure ranging from critical pipelines to depots and terminals through the Build,… Read More »