No To Global Taxation :Senator Jimoh Ibrahim Tells United Nations Global Parliament In New York.

No To Global Taxation :Senator Jimoh Ibrahim Tells United Nations Global Parliament In New York.

By Anayo Akwitti The Senator representing Ondo South Senatorial District has informed the United Nations that proposing a global tax to fund the Sustainable Development Goals (SDGs) is inappropriate and unacceptable, as the international system is anarchic and lacks the authority to comply. He further asserts that there is no comprehensive international system in place. He made this statement during the interparliamentary opening session in New York yesterday. According to […]

February 15, 2025 5

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Economy

AGF Tasks Federal Pay Officers On Transparency, Financial Reform Initiatives

Oluwakemi Kindness Federal Pay Officers (FPOs) have been tasked on the need to entrench transparency, dedication and professionalism in the conduct of their official duties. Accountant General of the Federation, Dr. Oluwatoyin Madein, who handed down the charge, also mandated the Federal Pay Officers to ensure that Federal Ministries, Departments and Agencies (MDAs) in the States comply with the provisions of the public financial management reform initiatives of the Federal […]

February 14, 2025 10 4 5

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Economy

CBN Assures Depositors Of Keystone Bank’s Stability

Oluwakemi Kindness The Central Bank of Nigeria on Friday assured the public that Keystone Bank Limited remains stable and fully operational despite a court order forfeiting the bank’s shares to the Federal Government. In a statement issued on Friday, the CBN’s acting Director of Corporate Communications, Hakama Sidi Ali, acknowledged concerns over the development but maintained that there was no cause for alarm. She stated that the stability of the […]

February 14, 2025 11 4 5

Communications

World Radio Day: Governor Ododo Celebrates Contribution of Radio to Democracy

By Chinedu Echianu Kogi State Governor, Ahmed Usman Ododo has praised the contribution of radio to the deepening of democratic culture in Nigeria as the world celebrates this year’s World Radio Day. A statement signed by the Special Adviser on Media to the Governor, Ismaila Isah said the Governor used the occasion to restate his administration’s commitment to promoting inclusion and cohesion of all segments of the society in […]

February 13, 2025 7

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Economy

Court Affirms FCCPC Regulatory Authority In Telecom Sector

Oluwakemi Kindness The Federal High Court in Lagos has ruled in favour of the Federal Competition and Consumer Protection Commission in a legal dispute involving MTN Nigeria, affirming the commission’s regulatory authority over competition and consumer protection in the telecommunications sector. This is according to a statement by the Director of Corporate Affairs at FCCPC, Ondaje Ijagwu, who described the ruling as a significant affirmation of the commission’s statutory mandate. […]

February 10, 2025 20 5 4

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Economy

Customs Hosts High-Level Forum for Government-Owned Companies

Oluwakemi Kindness The Nigeria Customs Service (NCS), has underscored the significance of corporate governance, financial autonomy, and operational efficiency in managing government-owned enterprises, particularly those under military and paramilitary organisations. Comptroller-General of Customs (CGC), Adewale Adeniyi, stated this when the NCS hosted a high-level roundtable discussion for key stakeholders from the military, paramilitary, and financial sectors on operational best practices for government-owned companies at its Headquarters in Maitama Abuja. In […]

February 10, 2025 9 5 3

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Economy

NAICOM, NEMSA Partners On Electrical Safety, Insurance Compliance

Oluwakemi Kindness The National Insurance Commission and the Nigerian Electricity Management Services Agency have entered into a historic partnership, signing a Memorandum of Understanding on electrical safety and enhancing insurance compliance. This collaborative effort aims to establish a framework for mutual understanding and cooperation in achieving their regulatory obligations, prioritizing the safety of lives and property in relation to electrical incidents. At the signing ceremony at the NAICOM Headquarters, the […]

February 10, 2025 10 8 3

Economy

Occupational Safety: Labour Ministry Inspects Lagos Factories

By Chinedu Echianu The Ministry of Labour and Employment has conducted an inspection of factories of leading companies in Lagos State, as part of the commitment of the Federal Government to enforcing compliance with occupational safety and health (OSH) standards and labour laws. During the two-day exercise, the inspection team, led by the Minister of State for Labour and Employment, Nkeiruka Onyejeocha, visited the factories of Cadbury Plc, Nestle […]

February 8, 2025 8

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Economy

NAICOM Recommits To Prompt Payment of Insurance Claims

Partners FRSC on 3rd Party Vehicle Insurance Oluwakemi Kindness The National Insurance Commission (NAICOM) on Thursday urged Nigerians to be more positive on the benefits of insurance in the country. This is as the Commission reiterated it's committment to ensuring that Insurance policyholders get their claims payment as at when due. The Commissioner for Insurance, Olusegun Omosehin, stated this in Abuja on Thursday when led his management team on a […]

February 6, 2025 9 4 5