CBN Governor Deploys New DGs

Posted by - April 9, 2018

The Governor of the Central Bank of Nigeria Godwin Emefiele has assigned duties to the newly appointed Deputy Governors who assumed duty on March 28. The acting Director, Corporate Communications Department, CBN, Mr Isaac Okoroafor, in a statement on Sunday said Mrs Aishah Ahmad was deployed to the Financial System Stability (FSS) Directorate, while Mr

Nigeria: FG Inaugurates Investment and Securities Tribunal, To Restore Investors’ Confidence In Capital Market

Posted by - September 19, 2017

The Federal Government of Nigeria has reconstituted the Investment and Securities Tribunal (IST) as a practical step towards restoring investors’ confidence in the capital market and repositioning it to contribute positively to the country’s economy. The Investment and Securities Tribunal was dissolved in compliance with the Federal Government’s directive on dissolution of Boards of Parastatals,

UK Promises to Support Nigeria’s Agribusiness, Infrastructure, Others

Posted by - September 19, 2017

The United Kingdom has pledged to extend its support to the expansion and development of Nigeria’s Agribusiness, and infrastructure amongst other sectors. Speaking with newsmen in Lagos on Tuesday, the new Deputy British High Commissioner, Laure Beaufils said that the United Kingdom was increasingly focusing its partnerships with the rest of the world and countries

WEF Ranks Nigeria 114th in Global Human Capital Index

Posted by - September 13, 2017

The World Economic Forum (WEF) has ranked Nigeria 114th out of 130 economies in the overall ranking of its Global Human Capital Index for 2017. The WEF disclosed this in its Global Human Capital Report 2017 Nigeria was also placed in the bottom 10 in two of the WEF’s pillars – development (122) and Know-how

Shell Starts Production at Gbaran-Ubie Phase 2 in Nigeria

Posted by - August 24, 2017

The Shell Petroleum Development Company of Nigeria Ltd joint venture has started production at Gbaran-Ubie Phase 2, a key project in Nigeria’s Niger Delta region. Phase 2 follows the success of the first phase of the Gbaran-Ubie integrated oil and gas development, which was commissioned in June 2010. Peak production of around 175,000 barrels of

Nigeria signs BEPS Convention, CRS MCAA Agreement

Posted by - August 22, 2017

The Federal Inland Revenue Service (FIRS) has signed two major multilateral instruments. They are the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting (MLI) and the Common Reporting Standard (CRS) Multilateral Competent Authority Agreement‎ (CRS MCAA). Executive Chairman, FIRS, Mr. Tunde Fowler, signed the agreements on behalf of

Diamond Bank to Support 50 Potential Entrepreneurs in Nigeria

Posted by - August 22, 2017

Committed to supporting entrepreneurs in Nigeria, Diamond Bank Plc, commenced the selection, training and empowerment of 50 entrepreneurs in the seventh edition of its Building Entrepreneurs Today (BET) initiative. The initiative, according to the bank, which is in partnership with the Enterprise Development Centre of the Pan Atlantic University, is aimed at supporting the Micro,

PayU Nigeria Introduces a Convenient Payment Solution for Recurring Bills

Posted by - August 9, 2017

PayU Nigeria introduces PayU Subscription, a convenient payment method which allows merchants to safely and securely collect payments from consumers who have recurring bills or subscription payments in a seamless way. Country Manager of PayU Nigeria, Ms Juliet Nwanguma said: “PayU Subscription is an innovative product for businesses that are looking to offer subscription and