SECTOR INSIGHT

Fed Govt, Stock Exchange To Step Up Actions On Climate Financing

The Federal Government at the weekend assured that it would step up its collaboration with the Nigerian Exchange (NGX) with a view to developing the climate financing environment in Nigeria. Minister of State for Environment, Chief Sharon Ikeazor, who performed the digital closing…

03/01/2022 0Comments

EU Countries Seize 82% Of Nigeria’s Agro Products Exported Illegally — FG

About 80 per cent of agro-products from Nigeria that are intercepted and seized by the European Union member nations are exported illegally, the Federal Government has said. It explained that most of the products were prohibited for exports by the government, adding that…

01/01/2022 0Comments

OGIRS Reads Riot Act to Tax Law Violators

The Ogun State Internal Revenue Service (OGIRS) has read riot act to those contravening the state’s tax laws, threatening to sanction any organisation that failed to file its annual tax returns. Consequently, the OGIRS has directed all employers of labour in the public…

31/12/2021 0Comments

Next Cash and Carry Management Urges Thorough Investigation On Fire Incident

The Management of Next Cash and Carry Supermarket has called for a thorough investigation into the cause of the fire outbreak at the store. The company made this known in a statement by its General Manager, Pape Neil on his official Facebook…

29/12/2021 0Comments

AfDB Approves €10.5m Pooled Investment In Startup Fund

The Board of Directors of the African Development Bank Group has approved an equity investment pool of €10.5m to drive technological innovation across sub-Saharan Africa. The AfDB announced this in a statement titled ‘African Development Bank Group Board approves €10.5m pooled investment in…

29/12/2021 0Comments

FCTA To Revoke Titles Of 435 Abandoned Properties, 600 Undeveloped Plots

In order to ensure adequate protection of lives and property in and around the 250 square kilometers of the Federal Capital City, Abuja, the FCT Administration have concluded arrangements to sanction owners of 435 abandoned /uncompleted structures. The FCT Director of Land Administration,…

29/12/2021 0Comments

TotalEnergies To Build Infrastructure In Six Geo-Political Zones

The management of TotalEnergies Upstream Nigeria Limited has said it will build hygiene and sanitary projects in universities across the six geo-political zones of the country. The Managing Director, TotalEnergies Companies in Nigeria, Mr. Mike Sangster, said this during the inauguration and handover…

28/12/2021 0Comments

NIN: Telecom Consumers Reject January Introduction Of Digital Token

Telecom consumers under the aegis of the National Association of Telecoms Subscribers have kicked against the plan by the Federal Government to introduce a suite of digital tokens to enhance the verification of the National Identity Number, effective January next year According…

28/12/2021 0Comments

My Shareholding In Titan Trust Very Small — Ex-CBN Deputy Gov

A former Deputy Governor of the Central Bank of Nigeria, Tunde Lemo, has said his shareholding in Titan Trust Bank Limited, which is acquiring a majority stake in Union Bank of Nigeria Plc, is very small. Lemo, the chairman of Titan Trust Bank…

26/12/2021 0Comments

Disquiet Over Sack Of Six Arik Pilots ‘Who Went On Strike’

A fresh crisis has hit Arik Air as the airline has dismissed eight local pilots who recently participated in an industrial strike. The management of the airline (In Receivership) confirmed that it dismissed several of the pilots for “gross acts of indiscipline.” Their…

24/12/2021 0Comments

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