NDIC Urges Legal Practitioners to Aid Debt Recovery

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 […]

February 27, 2025 23 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 […]

February 27, 2025 9

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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 […]

February 26, 2025 11 7 4

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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 […]

February 23, 2025 17 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 […]

February 15, 2025 8

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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 15 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 17 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 10

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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 26 5 4