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FIRS Chief Urges Support For FG Transformation Agenda

Alhaji Kabir Mashi, Acting Chairman, Federal Inland Revenue Service (FIRS), has urged tax professionals to support President Goodluck Jonathan’s Transformation Agenda aimed at wealth creation and employment. Mashi made the call…

House Committee Queries Oteh Over Access Bank’s Acquisition Of Intercontinental Bank

The House of Representatives Ad hoc Committee on Capital Market has queried Ms Arunma Oteh, the Director-General of the Securities and Exchange Commission (SEC), for approving Access bank's acquisition of…

NSE Market Indices Drop By 0.54%

The market indices of the Nigerian Stock Exchange (NSE) depreciated by 0.54 per cent on Wednesday as some blue chips recorded price losses. The News Agency of Nigerian (NAN) reports that…

Nigeria To Receive $285mln Funding For Electricity, Urban Mass Transportation

Nigeria is to receive a 285 million dollars assistance from the Clean Technology Fund    (CTF), a global funding agency, to support electricity supply and urban mass transportation. The fund is being…

Micro Finance Banks Account For 3 Per Cent Of Nigeria’s GDP Growth In 2011, Says Association

The National Association of Micro finance Banks (NAMB) said on Wednesday in Abuja that microfinance banks improved the country’s Gross Domestic Product (GDP) by 3 per cent in 2011. Alhaji Kabir…

Okereke-Onyiuke To Oteh: I Am Still NSE DG

The sacked director general of the Nigeria Securities and Exchange Commission (NSE), Mrs. Ndi Okereke-Onyiuke, yesterday said that despite contrary statements, she remains the director general of the NSE, having…

Rescuing Power Sector From Cartels

The recent experiences of Nigerians with reference to the erratic delivery of power supply, both for domestic and industrial uses, tend to portray the nation’s quest for stable electricity supply…

Can NERC Rid Power Sector Of Corrupt PHCN Officials?

To say that the nation’s electricity industry is ridden with corruption would be to put it mildly as facts and evidences tendered against officials of the Power Holding Company of…