FG says UAE will soon lift visa ban on Nigerians Festus Keyamo, minister of aviation and aerospace development, says the United Arab Emirates (UAE) will soon lift the visa restriction on Nigerian travellers. Keyamo stated this on Saturday during an interview with the State House media. He said the country[Read More…]
Fubara tells LG admin heads to take manage Rivers councils Siminalayi Fubara, governor of Rivers, has asked the heads of local government administration to immediately assume control of the 23 council areas of the state. Fubara gave the directive during a statewide broadcast on Tuesday. TheCable reports that the[Read More…]
NITDA advocates for new act to regulate tech sector, levy 1% tax The National Information Technology Development Agency (NITDA) is actively pushing for the passage of a new bill that would transform the agency into a regulator for Nigeria’s tech sector and grant it the power to levy[Read More…]
Fidelity Bank public offer, rights issue to open Thursday June 20 Nigeria’s 6th largest bank, Fidelity Bank Plc will on Thursday, June 20, 2024 open its public offer and Rights Issue. As part of this capital raising process, Fidelity Bank will same Thursday, June 20, 2024 at the[Read More…]
FG declares Monday, Tuesday public holidays to mark muslim Eid-ul-Adha The Federal Government has announced Monday 17th and Tuesday 18th as public holidays to mark this year’s Muslim Eid-ul-Adha celebration. The announcement was made by the Permanent Secretary in the Ministry of Interior, Dr Aishetu Gogo Ndayako. In a statement[Read More…]
No durbar activities in Kano during Eid-el-Kabir, police orders The police command in Kano has banned all durbar activities in the state during the Eid-El-Kabir celebration. The Sallah celebration is expected to take place on June 17. A durbar is a festival held during Eid-el-Kabir and Eid-el-Fitri[Read More…]
World Bank to CBN: Interest rate hikes may not effectively combat inflation The World Bank has said that there is a possibility the monetary policy tightening by the Central Bank of Nigeria (CBN) would not rein inflation. In its global economic prospects report released on Wednesday, the Bretton Woods institution[Read More…]
NBS: FG generated N984bn from company income tax in Q1 2024 — down by 12.87% from Q4 2023 The National Bureau of Statistics (NBS) says the federal government collected a total of N984 billion as company income tax (CIT) in the first quarter (Q1) of 2024. The (NBS) disclosed this[Read More…]
FirstBank wins 2024 Best SME Bank in Nigeria, Africa by ASIAN banker awards Nigeria’s premier financial institution and financial inclusion services provider has bagged two awards: Best SME Bank in Africa and Best SME Bank in Nigeria at the highly converted Asian Banker Global Excellence Retail Awards 2024. The Excellence[Read More…]
New Minimum Wage: Labour rejects FG’s offer, fresh strike looms amidst competing proposals The organised Labour may resume their suspended nationwide strike action, firmly rejecting the proposed ₦62,000 and ₦100,000 minimum wage proposed by experts describing both as “starvation wages” for Nigerian workers. Labour had insisted on its demand[Read More…]
