BDC Operators Seek Collaboration With SEC On DigitFriday, May 17, 2024
The Association of Bureaux De Change Operators of Nigeria has requested the Securities and Exchange Commission rsquo;s guidance and collaboration on its digital currency market called lsquo;Kolectyomoni rsquo;. A statement from the association on Thursday indicated that this was disclosed during ...
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CRMI Seeks Partnership With SEC To Boost Investors ConfidenceFriday, May 17, 2024
The Chartered Risk Management Institute has expressed commitment to collaborate with the Securities and Exchange Commission to enhance investor confidence in the nation rsquo;s capital markets. This was disclosed by the President of the institute, Dr. Ezekiel Oseni, during a courtesy visit to the ... |
Sterling Bank Declares Support On Nigeria’s AI Adoption For ReportFriday, May 17, 2024
Sterling Bank, in collaboration with AI in Nigeria, has announced the lsquo;Nigeria AI Landscape and Startup Report, rsquo; offering a comprehensive view of Nigeria rsquo;s AI ecosystem and startup scene. The report explained the significance role of AI in driving innovation and economic growth ... |
Expert Urges African Leaders To Adopt PPP To Develop Inland PortsFriday, May 17, 2024
African leaders have been advised to establish inland ports through public-private partnerships (PPPs) to catalyse job creation, revenue generation and economic growth at no cost to the government. This was disclosed by a United States (U.S.)-trained maritime and anti-piracy security expert, Alfr ... |
AfDB, IDB Applauds IMF’s Approval Of SDRs For Hybrid Capital InstrumentsFriday, May 17, 2024
The African Development Bank Group (AfDB) and the Inter-American Development Bank (IDB), yesterday, has applauded the announcement made by the International Monetary Fund rsquo;s (IMF) Executive Board approving hybrid capital as an eligible instrument for channeling of Special Drawing Rights (SDRs). ... |
Tax Is Not A Punishment - Sanwo-OluThursday, May 16, 2024
Lagos State Governor, Babajide Sanwo-Olu, has stated that the Federal Government must explore new and innovative ways of expanding the tax base and ensure Nigerians do not see taxes as an additional burden. The governor said governments at all levels must introduce a tax system that fosters a bus ... |
CBN Boost Remittances, Approves 14 Int’l Money Transfer OperatorsThursday, May 16, 2024
The Central Bank of Nigeria (CBN) has granted approval-in-principle (AIP) to 14 new International money transfer operators (IMTOs) as part of its plans to boost foreign currency remittance flows through formal channels. The Bank rsquo;s Acting Director of Corporate Communications, Hakama Sidi Ali ... |
$50m Investment Was Made Through Presidential CNG InitiativeThursday, May 16, 2024
The economy records an additional Investments worth $50m in the last five months through the Presidential Compressed Natural Gas Initiative. This was disclosed by the Programme Director/Chief Executive, PCNGI, Michael Oluwagbemi, at the Southwest stakeholders rsquo; forum held Wednesday in Lagos. ... |
‘FG Targets $2.7bn Revenue From Marine Sector’ - Babatunde BombataThursday, May 16, 2024
The Federal Government disclosed its plans to advanced the process of developing a national policy on marine and blue economy, which is expected to contribute $2.7bn to the country rsquo;s economy. This was disclosed by the Director of the Maritime Safety and Security Department in the Ministry o ... |
Nigeria Have Lost Billions Under Old Rules - KeyamoThursday, May 16, 2024
The Minister of Aviation and Aerospace Development, Festus Keyamo, has disclosed that the Federal Government lost 82 per cent which is equivalent to N10 billion in revenue that ought to accrue from airport tollgates under old rules. This was disclosed by Keyamo to State House correspondents on Tu ... |
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