Business

SEC Dedicated to robust Market – Uduk

SEC

The Securities and Exchange Commission, SEC has restated its dedication to collaborate with relevant stakeholders to further develop and deepen the capital market. The Ag. Director General of the Securities and Exchange Commission, SEC, Ms Mary Uduk  stated this when members of the association of Stockbroking Houses of Nigeria (ASHON) met with Management of the SEC in Abuja, weekend. Uduk …

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BudgIT Asks Kemi Adeosun To Renounce The Allegations Of NYSC Certification Fraud Or Resign

BudgIT

BudgIT Nigeria, a civic tech organisation, expresses disappointment at the silence of the Minister of Finance, Kemi Adeosun, over the allegations of NYSC certificate fraud. In an investigative report released by Premium Times, Ms. Kemi Adeosun was accused of skipping the compulsory one-year national youth service and presenting forged exemption certification to the National Assembly. According to BudgiT, while many …

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Volpi To Pay 60% Of $600m While Tinubu To Pay 20% Owed To Ansbury : London Court Of International Arbitration Rules – Oando Not Involved

Oando Plc logo

Lawyers representing Wale Tinubu and Mofe Boyo the Group Chief Executive and Deputy Group Chief Executive of Oando PLC and co-owners of Whitmore Asset Management Limited, have come out to say that contrary to a statement issued by the Legal Counsel to Ansbury Investment, Mr. Andrea Moja, the amounts owed to Ansbury Investments Inc, owned by Mr. Gabriele Volpi, is …

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Annual General Meeting Of Afreximbank In Abuja

Left to Right Governor of Central Bank of Nigeria (CBN), Mr. Godwin Emefiele (left); Secretary to the Government of the Federation, Mr. Boss Mustapha; Minister of Finance, Mrs. Kemi Adeosun and Minister of Federal Capital Territory, Alhaji Mohammed Bello, during the opening ceremony and Annual General Meeting of Afreximbank in Abuja on Saturday, 14th July, 2018.

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FIRS INCREASES REVENUE BY 42 PER CENT

The Federal Inland Revenue Service has announced that it realized a total of N2, 529,615,174,601.25 (Two trillion, five hundred and twenty-nine billion, six hundred and fifteen million, one hundred and seventy-four thousand, six hundred and one naira, twenty-five kobo) from various taxes from January to June 2018. The amount shows that the Service had realized 75% of its total target for the year, …

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Ecobank Storms University Of Ibadan With Xpress Account Concert

Ecobank Logo

In continuation of its youth engagement program in tertiary institutions across the country, Ecobank will tomorrow (Friday) storm the premier university, University of Ibadan, Oyo State with Ecobank Xpress Account Concert. In a statement signed by Ikechukwu Kalu, Head, Consumer Marketing, Insights & Analytics, Ecobank Nigeria, the campus concert which  kicks off at 4pm at the Student Union building sports …

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FG Reconstitutes Tax Appeal Tribunals

FGN2

The Federal Government has reconstituted the Tax Appeal Tribunals in the six geo-political zones as well as Lagos and Federal Capital Territory. The reconstitution of the Tribunals is in accordance with Section 2(1) of the Fifth Schedule of the Federal Inland Revenue Service (FIRS) Establishment Act. The Honourable Minister of Finance, Mrs. Kemi Adeosun, who announced this on Thursday in …

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AMCON’s Huge Obligation Of N4.8 Trillion Must Be Recovered – Senate

The Chairman Senate Committee on Banking, Insurance and other Financial Institutions, Senator Rafiu Adebayo Ibrahim, has said that Nigeria can be made great again, if the legislature as a matter of urgency empowers the Asset Management Corporation of Nigeria (AMCON) to go after recalcitrant obligors. He said that is the only way AMCON can meet its mandate of achieving the …

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Oando, Shell, Agip Sign $3.7 billion Gas Supply Contract With NNPC

Oando Plc logo

Oando Plc, Nigeria Agip Oil Company (NAOC), Shell Petroleum Development Company (SPDC), other indigenous and international oil companies in partnership with the Nigerian National Petroleum Corporation (NNPC) have signed agreement to implement gas projects worth $3.7 billion. The gas projects tagged ‘Seven Critical Gas Development Projects (7CGDP)’ is set to bridge the gas supply shortfall in the country. The 7CGDP …

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