archiveJanuary 2020

Fidelity Bank Plc on Saturday said there was need for youth empowerment to curb crime and unemployment in the country. The Managing Director of the Bank, Mr Nnamdi Okonkwo, disclosed this during the year-end appreciation party, themed; ‘Give them Wings’, at the Eko Hotel and Suites, Victoria Island, Lagos. The...

  urges Buhari to tackle unemployment problem in Nigeria President, African Development Bank (AfDB), Dr. Akinwunmi Adesina, on Saturday, said Africa will potentially become the biggest economic hub on the globe with the right policies and investments. Adesina spoke at the Inspiration Conference 2020 of the Redeemer’s Men Fellowship (Lagos...

 The popular Amu Plank Market in Mushin was among five buildings and facilities ravaged by fire in various locations in Lagos State within the last two days. Director General, Lagos Emergency Management Agency (LASEMA), Olufemi Oke-Osanyintolu, told the News Agency of Nigeria (NAN) that areas affected were Ogba, Agege, Lekki,...

  Vice-President Yemi Osinbajo on Saturday asserted that the Finance Act 2020 would stimulate the Nigerian economy and put the country on the path of geometric economic growth. Osinbajo made the assertion at the Inspiration Conference 2020 of the Redeemer’s Men Fellowship (Lagos Regions) in Lagos. The News Agency of...

  The NSE All-Share Index and Market Capitalization both appreciated by 0.03 per cent  on The Nigerian Stock Exchange (NSE) to close the week at 29,628.84 and N15.262 trillion respectively. All other indices finished lower with the exception of NSE Premium, NSE Pension, NSE Insurance, NSE Oil/Gas, NSE Lotus ll...

  The Special Adviser on Media to President Muhammadu Buhari, Femi Adesina on Saturday came under acidic criticism for attacking the Christians Association of Nigeria, (CAN). A Coalition of 25 Christian Non-Governmental Organisations have asked Adesina to stop using his office to attack the leadership of the CAN: “if he...

  Tax practitioners have been urged to leverage on the many opportunities that abound in the new Finance Act to grow and expand their operations. For instance, under the Finance Act, Micro Small and Medium scale Enterprises (MSMEs), do not need to register for Value Added Tax (VAT), their Company...

  A group of Northern youths under Arewa Youth Assembly on Saturday carpeted the Supreme Court over its recent judgement that sacked Emeka Ihedioha and his replacement with Sen Hope Uzodima as Imo State Governor. The apex court had on January 14, nullified the election of Chief Emeka Ihedioha as...

  The European Union (EU) Commissioner for Crisis Management, Mr Janez Lenarcic, has advised President Muhammadu Buhari to apply international law and international humanitarian law in dealing with Boko Haram. According to him: ‘military effort alone would probably not be sufficient’ to  tackle Boko Haram crisis in the country. “We...

  increases capital base for Microfinance banks by 900% retains benchmark rate at 13.5%, raises CRR   The Central Bank of Nigeria (CBN) on Friday expressed worry about the Federal Government’s rising debt profile. The CBN Governor, Mr. Godwin Emefiele, while briefing journalists after the CBN’s Monetary Policy Committee (MPC)...