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The Bank of Industry (BOI)and the Nigeria Olympic Committee(NOC) yesterday unveiled a partnership plan to promote the investment opportunities available in Nigeria during the London Olympics holding in the United Kingdom capital next year. At a brief b...
The new minister of state for finance, Dr, Yerima Lawan Ngama, has identified budget preparation as a major challenge in the ministry. This is as he called on staff of the ministry to adopt measures that would fast-track preparation of the annual budge...
An expert in the workings of the Nigerian stock market has attributed the weak pricing mechanism as a major factor that compels multinational companies to exit from the nation’s equity market and inhibits new ones from being listed. The chief exe...
The Federal Inland Revenue Service (FIRS) has explained how the Unique Taxpayer Identification Number (U-TIN) could shore up states’ revenue. Giving explanation on this, the chairman, FIRS, Ifueko Omoigui-Okauru, said the U-TIN project, which had...
Although housing is one of the basic needs of mankind, the inability of successive governments in Nigeria to effectively tackle the problem of housing has cast a huge question mark on their capabilty to deliver, even if they fared fairly in other secto...
A legal practitioner has called for the harmonisation of the various codes of corporate governance in the country to address the problem of conflicts of interest posed by the relationship among owners, shareholders, managers and other key stakeholders ...
The slow pace in the growth of the nation’s bond market has been blamed on lack of reliable credit rating system in the country. Managing director and chief executive officer of Cowry Asset Management Limited, Mr Johnson Chukwu, &nb...
The Edo State government has been urged to pay N445.92 million being the 2008 to 2010 counterpart fund, to FADAMA III programme. This is to enable the state access the N1.22 billion of the programme’s funds. This was contained in a memo sent by t...
The Minister of Aviation, Stella Oduah-Ogiemwonyi, has promised to review the performances of all the concessionaires in the aviation industry with a view to exploring opportunities for enhanced service delivery. Odua-Ogiemwonyi who disclosed this at t...
Tanners and other stakeholders in the leather industry in the country had thought it was a blessing and succour to the industry when the federal government introduced Export Expansion Grant (EEG) as part of its support to the private sector. The EEG wa...
For many Nigerians, the recent increase in electricity tariff by the Federal Government would have been more reasonable with improved service delivery even as question as to why the supply of pre-paid meters was stopped keeps begging for answers. JULIE...
The House of Representatives will commence debate on the controversial issue of Islamic banking at its plenary session as soon as it concludes deliberation on its legislative agenda this week. A member of the lower chamber, Hon. Mustapha Dawaki Bala, w...
Airtel Nigeria has assured its customers of improved services within the shortest possible time. The chief executive officer of Aitrel Nigeria, Mr Rajan Swaroop, disclosed this at a media chat with journalists in Abuja, at the weekend. He also threw th...
A leading manufacturer in home appliances and health care equipment, Philips,has said that inconsistency in the policies of the federal government was responsible for the closure of its factory in Nigeria. The executive chairman, Philips Project Centre...
As the controversy over the introduction of non-interest (Islamic) banking rages, three experts, Professor Pat Utomi, Dr. Kingsley Muoghalu and Ismail Rawdan in separate analysis of the issue, argue that the banking model has the potential to ma...