All posts tagged "featured"
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3.5million evading tax in Lagos
The Lagos State Government on Sunday said about 3.5 million of its residents were currently guilty of tax evasion, which it said, absolutely violated the country’s 1999 Constitution and other extant legal instruments. The government added that...
- Posted November 3, 2015
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NERC targets 2,000MW from renewable energy with new regulation
The Nigerian Electricity Regulatory Commission (NERC) has approved the application of a new regulation to stimulate investments that would give Nigeria up to 2000 megawatts (MW) of electricity generated from renewable energy sources in the next five...
- Posted November 3, 2015
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CBN lists benefits of IFRS
The Deputy Governor (Economic Policy), Central Bank of Nigeria (CBN), Dr. Sarah Alade, has highlighted the benefits of adopting the International Financial Reporting Standards (IFRS) to the banking sector as well as the economy. Alade stated this...
- Posted November 3, 2015
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Telecoms will surpass 25% contribution to GDP by 2025 – NCC
The Nigerian Communications Commission (NCC), the telecoms industry regulator, has predicted that the telecoms sector’s contribution to the Gross Domestic Product (GDP) will surpass 25 per cent by 2025. The NCC made the predictions based on the...
- Posted November 3, 2015
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Stanbic IBTC Group records N104.4bn gross earnings in nine months
Stanbic IBTC Holdings, a member of Standard Bank Group, has announced gross earnings of N104.4 billion for the nine months ended September 30, 2015, an increase of 10 per cent N94.6 billion earned in the same period...
- Posted November 3, 2015
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Regulatory sanctions, unimpressive earnings trigger sell-off on NSE
The sequence of “bad news” relating to unimpressive earnings announced by companies and regulatory sanctions on three banks significantly eroded investors’ confidence in the Nigerian stock market last week, leading to a season of sell-offs on the...
- Posted November 2, 2015
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AfDB unveils plan to empower Nigerian women in agriculture
The office of the Special Envoy on Gender (SEOG) and the Department for Agriculture and Agro-industry (OSAN) of the African Development Bank (AfDB) has unveiled a report, ‘Economic Empowerment of African Women through Equitable Participation in Agricultural...
- Posted November 2, 2015
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POS, ATM, Mobile Banking easy target for cyber criminals – EFCC
As the Central Bank of Nigeria and other regulators in the Nigerian financial landscape continue to push forward in the campaign for the adoption of electronic payment system, the Economic and Financial Crimes Commission (EFCC) has disclosed...
- Posted November 2, 2015
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NBCC, NEPC target foreign investment at UK Trade Mission
Nigerian-British Chamber of Commerce (NBCC) and the Nigerian Export Promotion Council (NEPC) have concluded plans to lead a delegate of 40 business executives on a five-day trade mission to the United Kingdom from 2nd to 6thNovember, 2015....
- Posted November 1, 2015
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FG launches capacity building for oil and gas entrepreneurs
The Nigeria Content Development and Monitoring Board (NCDMB) have designed and is launching its first “Nigeria Content Master Class” designed to increase the capacity of Nigerian firms operating the oil and gas industry. The training is scheduled...
- Posted November 1, 2015