Achieving the world of Energy matters
Mr. Babatunde Fowler, FIRS Chairman Chairman, Joint Tax Board, Mr Babatunde Fowler, said the revenue generated at the state level rose from N800.02bn to N1.6tn between 2016 and 2018, representing an increase of 46.11 per cent. Fowler made the disclosure in his welcome address at the North-Central zone’s commencement of the new
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The Independent Petroleum Marketers Association of Nigeria, IPMAN, has partnered with CrowdForce, a financial services firm, to operate as mobile money agent to expand financial inclusion in the country. Mr Tomi Ayorinde, the Chief Executive Officer, CrowdForce said the partnership would help to boost IPMAN members’ businesses being mobile money agents. Ayorinde
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Mr. A.B.C Orjiakor Indications have emerged that ABC Orjiako, the Guarantor of the loan in ongoing litigation between Asset Management Corporation of Nigeria (AMCON) and Shebah Exploration and Production (E&P) Company Limited has made strong commitment to pay further. The parties to the litigation met on Tuesday September 3 and discussed how
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The Bankers Committee introduced a lending condition that empowers banks to seize and use bank deposit of debtors in any bank for loan repayment. Deputy Governor, Financial Sector Surveillance, CBN, Mrs. Aisha Ahmad disclosed this at a press conference after the Bankers Committee meeting held in Lagos. She spoke alongside, Chief Executive
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Governor of the Central Bank of Nigeria, CBN, Godwin Emefiele has made it known that that the apex bank will implement Nigeria’s President Mohammadu Buhari’s zero forex for food import. This will be “aggressively implemented.” Buhari had directed the CBN to stop providing Foreign Exchange for the importation of food into
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Nigerians have again been urged to desist from investing their hard-earned resources in investment schemes that have not been registered to carry out fund management functions. Securities and Exchange Commission, SEC, Acting Director-General Ms. Mary Uduk gave the advice in the face of various unregistered schemes luring unsuspecting Nigerians with unreasonable
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The Central Bank of Nigeria, CBN, has offered licence of operation to more commercial banks and one non-interest bank. This was made known by CBN A list of deposit money banks (DMBs) and financial holding companies operating in the country shows that CBN had issued a commercial banking licence with national
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