Bayelsa State is set to host global leaders storming Yenagoa, the state capital, within the week for the 2018 Africa SME Roundtable. Mr Ebiekure Jasper Eradiri, Director-General of Bayelsa State Microfinance and Enterprise Development Agency (BYMEDA), briefed newsmen on the three-day event. For the benefit of those who have never heard of or had contacts with […]
Following the presentation of the N8.6 trillion 2018 Budget to the National Assembly two weeks ago, the Federal Government on Monday announced that it has priced its offering of US$3 billion aggregate principal amount of dual series notes under its US$4.5 billion Global Medium Term Note programme (increased from US$1.5 billion). The Ministry of Finance […]
Finance Minister, Mrs. Kemi Adeosun, has expressed confidence that the Federal Government’s revenue and debt management strategy would mitigate the country’s debt service risk and fast-track her development. The Minister, who welcomed the advice of Nigeria’s international development partners, including the International Monetary Fund, said the strategy would achieve a number of objectives that include: […]
The Civil Liberties Organisation (CLO), South East Zone has declared that fiscal recklessness under Governor Willie Obiano of Anambra State is second to none. The rights group in a statement issued on October 26, endorsed by its Chairman, Comrade Aloysius Attah, stated that in its quest for the enthronement of the nine core characteristics of […]
The Federal Executive Council on Thursday approved a tax relief scheme to attract private sector involvement in the provision of federal road infrastructure across the country. The approval was the outcome of a Memorandum for the setting up of a Road Trust Fund (RTF) presented by the Honourable Minister of Finance, Mrs. Kemi Adeosun, to […]
Finance Minister, Mrs. Kemi Adeosun, on Wednesday, revealed that the Federal Government would apply the sum of US$3 billion in refinancing the legacy debts of the immediate past government. The outlay is part of the US$5.5 billion foreign loan being sourced from the International Financial Markets. The Minister, who appeared on London based Arise TV’s […]
By Amechi Obiakpu Information Technology guru and Chairman of Zinox Technologies, Leo Stan Ekeh has said that anybody born in the 21st Century has no business being poor because of the information available today. According to him, the century offers so much information that anyone who desires to be rich could tap into it to […]
Twitter (TWTR.N) said on Thursday it had suspended about 200 Russian-linked accounts as it probes online efforts to meddle with the 2016 U.S. election, but an influential Democratic senator slammed its steps as insufficient. Senator Mark Warner, the top Democrat on the Senate Intelligence Committee, summoned Twitter officials to testify behind closed doors on Thursday […]
The federal, states and local government areas shared a cumulated N637.704 billion in September this year. The Federal Accounts Allocation Committee (FAAC) who made the disclosure Thursday the money came from Value Added Tax (VAT), Petroleum Profit Tax (PPT) and Company Income Tax (CIT) and dwarfs the N467.852 billion shared by the three tiers of […]
Nigeria’s influential online newspaper, News Express on Thursday unveiled its new logo at an event to mark its fifth anniversary with a well-attended Lecture. The lecture which was held at Sheraton Hotel & Towers, Ikeja, Lagos, attracted an array of distinguished personalities from all spheres of endeavour and heavy media presence. The Guest Lecturer, Governor […]