BUSINESS
AuGF Pledges Support To ANAN On Environmental, Disaster-Related Auditing
Auditor General for the Federation, Mr. Aghughu Adolphus has pledged the readiness of his office to partner with a leading professional accounting body in Nigeria, Association of National Accountants of Nigeria, ANAN in incorporating performance, environmental and disaster-related auditing into its curriculum. While suggesting that this incorporation can come by way of separate surveys or at the professional examination of...
Kaduna State Government Orders Agencies To Accept Old Naira Notes
This was contained in an official statement released by the Special Adviser to the Governor, Media, and Communication, Muyiwa Adekeye on 19th February 2023. He said, "In line with the subsisting order of the Supreme Court, the Kaduna State Government has directed its ministries, departments, and agencies to ensure that their collection agents continue to accept payments made in all...
FG Commences Skill Acquisition Training In South-East Zone
The Federal Government has commenced the training of youths and unemployed in the South-East zone, in various Skills as an alternative to white collar jobs. Dr Chris Ngige, the Minister for Labour and Employment, while flagging off the training in Owerri, Imo State capital, noted that Skills education would equip them with self-employment and self-reliant skills that would serve them...
Tinubu, Soludo Meet To Discuss Democracy, Security, And Economic Reforms
President Bola Ahmed Tinubu says his meeting with Anambra State Governor, Prof. Charles Chukwuma Soludo, at the Presidential Villa, Abuja, centered on deepening democracy, strengthening security, and advancing ongoing economic reforms. In a statement on his official X handle on Wednesday, Tinubu described Soludo as “a friend of over two decades,” adding that both leaders share a vision for progressive...
ROXETTES Motors Set To Commence Operations At Abia Assembly Plant As Gov. Otti Assures Conducive Environment (Photos)
ROXETTES Motors is almost set to commence the assembling of vehicles in Abia State before the end of October 2024 as the construction of its assembly plant at Obu-Aku City in Ukwa West Local Government Area of Abia State nears completion and all the equipment needed to start the 40,000 units of automobiles per annum are expected to arrive...
Investors Are Losing Confidence In Nigerian Oil & Gas Industry – NNPC
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC) Mele Kyari, says the absence of a stable fiscal environment is inhibiting the growth of the Nigerian petroleum industry. He stated that the worst hit is the upstream sector. Kyari spoke when he received the House of Representatives Committee on Petroleum Resources (Upstream). He said international investors were losing confidence in the...
Senate President, Chief Whip Set To Commission Enyimba Automated Shoe Company Constructed By Ikpeazu
All is now set for the commissioning of Enyimba Automated Shoe Company (ENASCO) by the Senate President of the Federal Republic of Nigeria, Senator Ahmed Ibrahim Lawan, and the former governor of Abia state and Senate Chief Whip, Dr. Orji Uzor Kalu. The project was initiated and completed by the governor Okezie Ikpeazu-led administration in Abia state as part of...
Africa’s Economic Policies Rely On Borrowed Concepts — Moghalu
Kingsley Moghalu, the president of the African School of Governance and a former deputy governor of the Central Bank of Nigeria, has criticized Africa's economic strategies for lacking originality and philosophical depth. Speaking on the theme “Leadership in Africa” during the Toyin Falola interviews on Monday, Moghalu condemned the reliance on ineffective, borrowed ideas from the West that fail to...
Elon Musk Buys Twitter
Twitter said Monday it has agreed to sell itself to Elon Musk, who will take the company private in a deal valued at around $44 billion. The deal caps off a whirlwind news cycle in which the Tesla and SpaceX CEO became one of Twitter's largest shareh...
CBN Sets N50k Daily Limit On Contactless Payments
Contactless payments are a safe and convenient way to conduct transactions between payment devices such as pre-paid, debit, and credit cards, key fobs, mobile electronic devices, and wearable gadgets. It employs near-field communication (NFC) technology, allowing customers to conduct a transaction by just tapping or waving their payment device near the terminal. In order to stimulate innovation in the area, the...
