It is no longer news that the current economic crisis facing Nigeria has made it extremely difficult for most states across the country to remain afloat financially. The economic situation appears to be quite dismal, as 27 states have been unable to fulfil their basic financial obligations, especially paying workers’ salary. President Muhammadu Buhari has […]
Month: July 2016
*966# Easybanking solution, aimed at making banking easier: Zenith Bank
Zenith Bank Plc has said its recently launched mobile banking solution is aimed at making banking simpler and interesting. The bank said it’s *966# Eazybanking solution, which was recently launched into the Nigerian market, will also complement the effort of the Central Bank of Nigeria (CBN) to build a cashless economy and enhance financial inclusion. […]
CNN to establish multi-platform bureau in Nigeria
CNN is launching a new, multi-platform operation in Lagos, Nigeria, designed to give the network a nimble, broad-based, Digital-first presence in Africa’s most populous country. Leading the operation will be Stephanie Busari, who takes on the role of Supervising Producer, Africa. Busari will work across CNN’s newsgathering and digital operations, and will be the network’s […]
FG payroll: Presidential audit team finds N5.7 billion discrepancies
The Presidential Initiative on Continuous Audit has found discrepancies in the payroll of the Federal Government’s Ministries, Agencies and Departments to the tune of N5.7 billion monthly. The Head of the Continuous Audit Team, Mr Mohammed Dikwa, made this known in an interview with newsmen on Friday in Kano on the sideline of the two-day […]
Adeosun restates FG’s commitment to discipline, accountability in spending public funds
The Federal Government said it would continue to ensure discipline and accountability in the spending of public funds. The Minister of Finance, Mrs Kemi Adeosun, made the remark at a two-day retreat on Revenue Generation in Kano on Thursday. NAN reports that the treat was organised by the Federal Ministry of Finance as part of […]
Revenue Commission seeks increment in VAT from 5 percent to 7.5 percent
The Federal Government has been urged to increase Value Added Tax (VAT) from 5 to 7.5 per cent to shore up the country’s revenue base. This call was made on Thursday in Kano by Mr. Shettima Gana, the Chairman, Revenue Mobilisation, Allocation and Fiscal Commission (RMAFC), at a two-day National Revenue Retreat. Explaining on new […]
Naira dips further against dollar
The Naira on Wednesday dipped further against the dollar at the parallel market, the News Agency of Nigeria (NAN) reports. It lost 4 points to exchange at N357 to the dollar, from N353 it traded on Monday. The Nigerian currency also weakened further against the Pound Sterling and the Euro as it exchanged at N462 […]
AGF to audit revenue generating agencies
The Accountant-General of the Federation, Mr Ahmed Idris, has said that his office was carrying out a forensic audit of federal government’s agencies to access true state of their revenue generation. This was contained in a statement made available to newsmen on Wednesday in Abuja by the Director of Press, office of the AGF, Mrs […]
SWAG Marketplace, Nigeria’s premier social marketplace, unveiled
Paragon Media has officially launched Nigeria’s premier social marketplace as a melting pot for the hottest deals in female fashion & accessories; hotels; and events. Designed as a simple-to-use app, the user experience is driven by simplicity and an aesthetic charm that gives users flexibility, customer satisfaction and security at all times. Store owners on […]
APPOEMN elect new executives
By Amechi Obiakpu A new executives have emerged to lead the Association of Professional Party Organisers and Event Managers of Nigeria (APPOEMN). The new executives emerged at APPOEMN’s 3rd Annual General Meeting (AGM) held recently. The major focus of the AGM according to the association was to adopt a new constitution and elect executives to pilot […]