Tag: Business
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OPEC appoints Nigeria’s Adeyemi-Bero board of governors’ chairman
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Nigeria has reaffirmed its leadership in the global energy sector with the appointment of Mr Ademola Adeyemi-Bero, Nigeria’s Governor for the Organisation of the Petroleum Exporting Countries, as Chairman of…
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NIMRA vows to drive economic growth with data
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The Nigerian Marketing Research Association has reaffirmed its commitment to contributing to the country’s economic development by championing reliable data and market insights. NIMRA President, Seyi Adeoye, highlighted the association’s…
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Lack of local content threatens bonded terminals – Operators
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The Association of Bonded Terminal Operators of Nigeria has expressed concern over the threat to investments in indigenous bonded terminal operations, citing the inadequate integration of local content into the…
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FG deducts N700bn from federation account for free meter distribution
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The Federal Government has set aside N700bn from the federation account for the implementation of the distribution of free electricity meters under the Presidential Metering Initiative, according to the Special…
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SEC explores blockchain technology to enhance trust, transparency in capital market
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The Securities and Exchange Commission has said that it is exploring blockchain technology to boost trust and transparency in the capital market. The Director-General of the SEC, Dr Emomotimi Agama,…
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NESG faults suspension of legislative action on tax reform bills
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The Nigerian Economic Summit Group has faulted the decision of the Senate to suspend action on the tax reform bills that had generated a lot of controversy across the country.…
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Nedcomoaks pledges support for housing development
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The Group Managing Director of Nedcomoaks, Dr Kennedy Okonkwo, has restated the firm’s commitment to supporting the growth of the country’s housing sector. He stated this on Thursday during the…
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Joint border patrol intercepts riffles, cartridges worth N36bn
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The Joint Border Patrol Team Sector 2, South-West, Lagos has intercepted six pieces of pump action rifles, 1,125 live cartridges, and other contrabands worth N36 billion between 2019 till date.…
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PalmPay, NFIU partner to tackle financial fraud
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PalmPay, a Nigerian fintech company, will be collaborating with the Nigerian Financial Intelligence Unit and other government agencies to tackle financial fraud and strengthen the country’s digital financial ecosystem through…
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Local rice price rose by 137% – NBS
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Local rice prices in Nigeria surged 137.32 per cent in October 2024 compared to the same period last year, making it one of the country’s 10 most expensive staple foods.…
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US-based real estate firm unveils platform for Nigerian investors
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A United States-based real estate company, REI Capital Growth, has unveiled a platform that opens the US commercial real estate market to Nigerian investors. The firm’s Chief Operating Officer, Matthew…
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Tax reform bills should not be politicised – TUC president
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The President of the Trade Union Congress, Festus Osifo, has urged Nigerians not to politicise the controversial tax reform bills. Osifo also appealed to Nigerians not to introduce tribal or…
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Firm offers collateral-free loans to SMEs
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Option Financial Services on Thursday introduced a new loan initiative designed to empower small and medium-sized enterprises (SMEs) with collateral-free loans, aimed at fostering growth and sustainability. The firm’s founder…
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![[ICYMI] Low-income earners can withdraw total retirement savings — PENCOM](https://www.aiyesmedia.com/wp-content/uploads/2024/12/icymi-low-income-earners-can-withdraw-total-retirement-savings-pencom.jpg "[ICYMI] Low-income earners can withdraw total retirement savings — PENCOM")
[ICYMI] Low-income earners can withdraw total retirement savings — PENCOM
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Low-earning pensioners are now permitted to withdraw their total retirement savings en bloc or continue to receive their monthly pension pending the approval of the Minimum Pension Guarantee. This is…
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Tax reform will boost economy – CITN
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The Chartered Institute of Taxation of Nigeria has expressed support for the tax bills, which are before the National Assembly, claiming that they would boost the economy. The support was…