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Economy

84 Results / Page 2 of 10

Economy

OAGF Denies Alleged Shortfall In January, February Salary Payment 

Oluwakemi Kindness The Office of the Accountant General of the Federation (OAGF) says there are no shortfalls in salaries paid to Federal Workers in January and February 2025. The OAGF on Friday said the salaries that workers received in January and February 2025 were their normal salaries after the various arrears that were paid from October to December 2024 were exhausted. In a statement in Abuja by the Director of […]

todayMarch 8, 2025 9

Economy

CBN strengthens Regulatory Oversight to Safeguard Nigeria’s Financial System

By Oluwakemi Kindness The Central Bank of Nigeria (CBN) has reaffirmed its commitment to strengthening regulatory oversight to protect the country’s financial ecosystem and align it with global best practices. Shola Phillips, Special Adviser to the CBN Governor on Compliance, emphasized the need for strict adherence to international banking standards to sustain confidence in Nigeria’s financial sector. He made this known at a high-level Mandatory Compliance and Anti-Money Laundering (AML) […]

todayMarch 2, 2025 5 1 4

Economy

Political Exclusion Hindering Good Governance in Nigeria – Prof Igoche

By: Anayo Akwiti A Professor of Peace and Conflict Resolution, Edwin Igoche, has identified political polarization and extremism as major obstacles to achieving lasting peace and effective governance in Nigeria.   Speaking in a statement made available to Democracy Radio on Friday, the Professor emphasized that tackling these challenges requires a multi-faceted approach involving individuals, communities, organizations, and governments.   He also highlighted other critical issues such as social and […]

todayMarch 1, 2025 8 2

Economy

NDIC Urges Legal Practitioners to Aid Debt Recovery

By Oluwakemi Kindness The Nigeria Deposit Insurance Corporation (NDIC), has urged legal practitioners to support its efforts in recovering debts and realizing assets from failed banks to strengthen the country’s financial system. Speaking at the 2024 Sensitisation Seminar for External Solicitors in Abuja, NDIC’s Managing Director, Hassan Bello, emphasized that debt recovery is crucial to the Corporation’s mandate. Represented by the Head of Litigation, Ramatu Abdullahi, Bello, stressed the need […]

todayFebruary 27, 2025 17 20 6

Business

Tax Reform Bills Will Boost Economy – Senator Lad

  By: Anayo Akwitti The Special Adviser to the President on Senate Matters, Senator Basheer Lado, CON, has assured Nigerians that the proposed tax reform Bills undergoing a public hearing at the National Assembly will drive economic growth and enhance the standard of living.   Speaking during a courtesy visit by a delegation of professors, scholars, and commissioners from Kano State, Senator Lado reaffirmed President Bola Ahmed Tinubu’s commitment to […]

todayFebruary 27, 2025 6

Economy

Block Revenue Leakage To Enhance Your Revenue, AGF Tells States

Oluwakemi Kindness The Accountant General of the Federation, Dr. Oluwatoyin Sakirat Madein, has Charged Federal Pay Officers (FPOs) to be Financially Prudent and embrace the new financial reform initiatives in the discharge of their duties. This is as the AGF also reiterated her mandate to 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 […]

todayFebruary 26, 2025 8 7 4

Economy

NEPZA assures FTZs operators, enterprises, of maximum support

Oluwakemi Kindness The Federal Government has assured operators of the Free Trade Zones that it is poised to boost global competitiveness of the scheme and not annihilate it as held in some quarters. Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Dr Olufemi Ogunyemi, who stated this explained that the mandate of the scheme aims to fast-track industrialisation, non-oil trade, employment generation, export among others. Dr. Ogunyemi, made […]

todayFebruary 23, 2025 14 45 5

Economy

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 […]

todayFebruary 15, 2025 7

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 […]

todayFebruary 14, 2025 13 4 5

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