archiveOctober 8, 2019

Some economic experts have expressed concern over the Federal Government’s decision to base the estimated revenue from Value Added Tax (VAT) in 2020 by 7.5 per cent instead of five per cent. The News Agency of Nigeria (NAN) recalls that the Federal Executive Council had recently approved the increment of...

    President Muhammadu Buhari of Nigeria on Tuesday formally presented N10.729 trillion for the 2020 fiscal year before a joint session of the nation’s National Assembly. Buhari said the 2020 budget is based on the proposed new Value Added Tax (VAT) rate. The increased revenues, he said, will be...

Zenith Bank Plc has introduced Z-Money which brings banking services closer to its customers and enhance financial inclusion among the under-banked and unbanked populace of the country. According to a press statement from the bank, Z-Money is an agency banking product of the bank which entails the onboarding of agents...

As 10 bills scale First reading The Senate’s Ad-Hoc Committee investigating a case of assault against Senator Elisha Abbo on Tuesday submitted its report to the upper chamber. The report was presented during the plenary by Chairman of the Ad-Hoc committee, Senator Sam Egwu (PDP, Ebonyi North). The Senate had...

  The National Youth Service Corps (NYSC) has devised a new strategy of verifying certificates and other documents submitted for mobilization by Nigerian foreign-trained graduates. NYSC also announced that the verification exercise will start from 21st to 26th October 2019, adding that only foreign-trained PCMs who have registered successfully on...

  PROTOCOLS: I am delighted to join you this morning at the 25th Nigerian Economic Summit. Since 1993, public and private sector leaders have used this platform to deliberate on key issues of national development. I commend and congratulate all stakeholders, from the public and private sectors, for sustaining this...

Civil servants in Lagos State on Monday said they would receive nothing less than N50,000 as minimum wage. The workers gathered in front of the Lagos State House of Assembly after a peaceful march from Ikeja under bridge yesterday. Chairman of the State chapter of the Nigerian Labour Congress, NLC,...