FINTECH Firms can’t be Licensed Now- NDIC Even though there are inherent benefits of Fintech technology in the nation’s financial system, license may not be given to FINTECH operations now by the regulatory authorities until studies are concluded. Dr Ibrahim Alley, of the Research Department of NDIC, stated this at the just concluded Annual General […]
Azerbaijan: Phone call between High Representative/Vice-President Borrell and Minister of Foreign Affairs Mammadyarov
Brussels, 26/02/2020 – 15:38, UNIQUE ID: 200226_8
Armenia: Phone call between High Representative/Vice-President Borrell and Minister of Foreign Affairs Mnatsakanyan
Brussels, 26/02/2020 – 15:35, UNIQUE ID: 200226_7
CBN Offers N90bn Loans To Small Scale Farmers The Central Bank of Nigeria is offering N90bn soft loan facility for small scale agriculture enterprises. A statement from the Senior Special Assistant to the President on Media & Publicity, Office of the Vice President, Laolu Akande, said Vice President Yemi Osinbajo, disclosed this during […]
Oil: Prices Dip To $55 Over Fears Of Demand Disruption Oil prices fell on Tuesday as fears of demand disruption amid the coronavirus outbreak continue to weigh on market sentiment. Brent Crude was traded down 0.81 per cent at $55.32 while WTI was down 1.01 per cent at $50.91. Nigeria, Africa’s largest economy has […]
N128bn Lost To Gas Flaring In Eleven Months — NNPC Oil and gas firms operating in the country flared a total of 225.81 billion standard cubic feet of natural gas from January to November 2019. This amounted to an estimated loss of N127.53bn. Data obtained by our correspondent from the Nigerian National Petroleum Corporation […]
FG Rakes In N1.2bn From Ground Rents, Others The Federal Government generated about N1.29bn from land use penal fees, ground rents, premiums, consent, registration and other rates between 2017 and 2019. This was disclosed by the Director, Lands and Housing Development Department, Federal Ministry of Works and Housing, Mrs Great-Edereka, at a conference […]
Nigeria Recorded $29.91bn Investment Inflows in 2019 – NIPC About $29.91billion worth of investments were recorded in the Nigerian economy as at the end of 2019, the Nigerian Investment Promotion Commission (NIPC) report has revealed. The amount is a 67 per cent drop from what was tracked in 2018, which stood at $90.89billion, […]
FIRS Sets April 12 Deadline For Taxpayers To Get TIN The Federal Inland Revenue Service (FIRS) has again said it is mandatory for all taxpayers and companies to register and obtain the Tax Identification Number (TIN) and display it on all documents supporting business transactions before April 12, 2020. FIRS made this known in […]
N900m Debt: AMCON Takes Over Buba Galadima’s Assets A Federal High Court sitting in Abuja, in Suit No. FHC/ABJ/CS/1136/2019 has ordered the Asset Management Corporation of Nigeria to take over the business and assets of Bedko Nigeria Limited and Alhaji Buba Galadima. A statement from the corporation on Tuesday said Bedko Nigeria Limited and […]
