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Dangote, Elumelu, Others To Drive Federal Govt’s Human Capital Dev’t Goals

Dangote, Elumelu, Others To Drive Federal Govt’s Human Capital Dev’t Goals

In a bid to drive the goals of the Human Capital Development (HCD) programme of the federal government, Vice President Kashim Shettima, on Monday, approved the constitution of a multi-sectoral committee. According to a statement by presidential spokesman in the ...

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Keystone: Promoting Financial Inclusion Through Empowerment Of SMEs In Nigeria

Keystone: Promoting Financial Inclusion Through Empowerment Of SMEs In Nigeria

Globally, access to finance is a critical success factor in the growth and development of micro, small and medium enterprises (MSMEs). Financial inclusion on the other hand is the availability and equality of opportunities to access financial services. It helps ...

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Inflation Jumps 24 Times In 25 Months – Report

Inflation Jumps 24 Times In 25 Months – Report

Inflation rate in Nigeria has increased 24 times in the last 25 months (two years), according to findings by The PUNCH. This is according to an analysis of the Commodity Price Index reports published by the National Bureau of Statistics. The ...

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30 Per Cent Surge In Smartphone Prices Due To High Taxes

30 Per Cent Surge In Smartphone Prices Due To High Taxes

The Global System for Mobile Telecommunication Association has highlighted the adverse impact of taxation and duty levies on smartphone adoption in Nigeria and Sub-Saharan Africa. According to GSMA’s report, taxes and duties contribute to 10 to 30 percent increase in ...

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SEC Moves To Drive Infrastructure Financing

SEC Moves To Drive Infrastructure Financing

The Director-General of the Securities and Exchange Commission, Lamido Yuguda, has said that the commission will be focusing on infrastructure financing via the capital market in the new year. Yuguda said this on Friday at the third quarter post Capital Market ...

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Monetary Reforms Yielding Positive Results – CBN

Monetary Reforms Yielding Positive Results – CBN

The Central Bank of Nigeria said that its monetary policy reforms are beginning to have positive effects on the country’s economy.  Reacting to the just-released inflation rate for October in a statement issued by the Director of the Corporate Communications ...

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Banks’ USSD Debt To Telcos Hits N200bn

Banks’ USSD Debt To Telcos Hits N200bn

Banks now owe telecommunication firms N200bn for Unstructured Supplementary Service Data services. This is following a slowing of negotiations between the banks and telcos. Telecom operators disclosed this on Thursday at the Nigerian Communications Commission industry interactive session with the ...

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SEC To Reduce N190bn Unclaimed Dividends With New Portal

SEC To Reduce N190bn Unclaimed Dividends With New Portal

The Securities and Exchange Commission (SEC) has unveiled plans to create a new e-dividend portal that would help simplify the process of mandating accounts in the capital market. The director-general of SEC, Lamido Yuguda stated this at the Commission two days ...

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Tinubu Secures Billions In Infrastructure Funding From Islamic Bank

Tinubu Secures Billions In Infrastructure Funding From Islamic Bank

President Bola Tinubu in Mecca, Saudi Arabia, has advanced negotiations concerning a multi-billion dollar infrastructure finance facility from the Islamic Development Bank to fund a multi-sectoral portfolio of infrastructure projects at the federal and sub-national levels in Nigeria. According to ...

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20m Nigerians In Diaspora Remit $24bn Yearly – FG

20m Nigerians In Diaspora Remit $24bn Yearly – FG

The federal government yesterday acknowledged that over 20 million Nigerians in the Diaspora remit an average of more than $24 billion per annum.  It also said it was willing to support the initiatives of Nigerians in Diaspora in the housing ...

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