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All posts by Ifreke Inyang

  • FATCA: Nigerian banks get October deadline for IRS registration

    Nigerian banks have been given till October 25 to register with the US Internal Revenue Service (IRS) in compliance with the Foreign Account Tax Compliance Act (FATCA) requirement. The Regional Managing Partner, Ernst & Young, West Africa,Mr.Henry...

    • Posted June 29, 2013
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  • DRC embraces Airtel’s money facilitates

    Bharti Airtel, a global telecommunications company with operations in 20 countries across Asia and Africa, is emerging as one of the most preferred financial services providers in the Democratic Republic of Congo, helping to further widen  the...

    • Posted June 29, 2013
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  • Patience Jonathan wants more investments in tourism

    The First Lady, Dame Patience Jonathan, during the week,  called for more investment in the tourism and hospitality industry to curb unemployment. Jonathan made the call at the inauguration of a private hotel in Abuja. She said: “In my capacity...

    • Posted June 28, 2013
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  • FG directs service providers to work with Customs

    THE  Federal Government has directed the three Service Providers engaged to provide  scanning services  at the nation’s seaports, airports and land borders to work with officials of the Nigeria Customs (NCS) in the next six months with...

    • Posted June 28, 2013
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  • Nigeria reserves drop to $48.33bn

    Nigeria’s foreign exchange reserves dropped by 0.16 percent month-on-month to $48.33 billion by June 24, the lowest level in more than three months, data from the Central Bank of Nigeria, CBN, showed yesterday. The reserves, however, were...

    • Posted June 28, 2013
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  • Reps urge CBN to implement cashless policy in phases

    HOUSE of Representatives, yesterday, mandated Central Bank of Nigeria, CBN, to implement the cashless policy introduced in the country in phases. The motion, promoted by 53 lawmakers, is entitled Need for Central Bank of Nigeria to Implement...

    • Posted June 28, 2013
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  • Oil discovery, boost to national reserve – Lagos government boasts

    Lagos state Government,yesterday, confirmed that it was aware of the discovery of crude oil in commercial quantities in the state, describing it as “a boost for the nation’s oil reserve drive.” It will be recalled that, Wednesday,...

    • Posted June 28, 2013
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  • Ajaokuta Steel: FG expresses satisfaction with level of work

    THE Federal Government has expressed satisfaction with the level of work done at the Ajaokuta Steel Company Limited. This was stated by the Minister of Mines and Steel Development, Arc Musa Mohammed Sada, during a visit by...

    • Posted June 27, 2013
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  • Nigeria receives N2.08trn from global agencies

    Nigeria has received a total of N2.08 trillion ($13 billion) from international donor agencies under the Country Assistance Framework, CAF, as at the end of 2012, according to a report on CAF programme for the Federal Republic...

    • Posted June 27, 2013
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  • CIIN urges insurance firms to develop SMEs

    Chartered insurance institute of Nigeria, CIIN, has called on insurance firms  to ensure that the Industry should be in the vanguard of promoting medium and small scale enterprises in line with the transformation agenda of the Federal...

    • Posted June 27, 2013
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