The federal government started a six-month program to collect unpaid revenues owed to the Federation Account. More than 50 consultants received their assignments on Wednesday at the Revenue Mobilisation Allocation and Fiscal Commission offices in Abuja. The commission and the Federal Inland Revenue Service will work together to identify funds that belong to all three…
The West African Institute for Financial and Economic Management wants the government to convert projected economic expansion into tangible benefits for citizens. Director General Baba Musa told attendees at the IMF and World Bank meetings that growth must produce employment opportunities and higher wages. The International Monetary Fund expects the economy to expand 3.9 percent…
The federal government plans to generate at least 20,000 jobs each year through the second phase of the Nigeria Jubilee Fellows Programme. Vice President Kashim Shettima will launch the initiative on Wednesday at the Presidential Villa in Abuja. The program connects graduates with work experience, mentorship, and training in agriculture, technology, renewable energy, manufacturing, and…
Transcorp Hotels Plc posted revenue gains of 49 percent and pretax profit increases of 36 percent for the nine months that ended on September 30. The hospitality company earned 72.31 billion naira compared with 48.49 billion naira in the same period one year earlier. Net profit reached 14.82 billion naira while earnings per share climbed…
Blockchain.com plans to obtain approval from the Securities and Exchange Commission to operate a cryptocurrency exchange as part of its efforts to make the country its African headquarters. Country Head Michael Emeeka said the platform selected the location based on widespread digital literacy and rapid adoption of technology among residents. The company operates more than…
Enugu State Governor Peter Mbah cut the cost of land document processing by half in October and November. The temporary discount applies to Certificates of Occupancy and related paperwork, with completion times reduced to 48 to 72 hours after full digital conversion of services. Managing Director Chiwetalu Nwatu said the program helps residents who could…
Nigerian Exchange Group Plc has brought its community nutrition program to Ajegunle, serving more than 120 children, along with their parents and guardians. The initiative partners with the Lagos State Ministry of Health and the Health Emergency Initiative to address malnutrition in underserved areas. Screenings identified 69 moderately malnourished children, 29 severely malnourished, and 24…
The Manufacturing Association of Nigeria Export Group has reaffirmed its commitment to advancing sustainable development and employment opportunities through non-oil exports. Mrs Odiri Erewa-Meggison, External Affairs Director at British American Tobacco Nigeria, won reelection as Chairman at the Annual General Meeting in Lagos. She pledged to advocate for the transparent administration of the Export Expansion…
The Nigerian Gas Association pledged to advance industrial development through natural gas initiatives at a gathering in Lagos. President Akachukwu Nwokedi addressed attendees at the 15th annual conference of the Nigeria Liquefied and Compressed Gases Association, where he outlined plans for economic transformation. The association supports expanding access to liquefied petroleum gas and compressed natural…
Adron Homes launched a promotional campaign in Ibadan to expand property access for buyers across income levels. Managing Director Adenike Ajobo announced the Lemon Friday Plus Promo offers discounts and benefits to clients seeking land and residential units. The initiative represents efforts to reduce the barriers families face when pursuing home acquisition in the market….
