The Corporate Affairs Commission (CAC) has announced a comprehensive initiative aimed at enhancing its compliance and enforcement capabilities, with a particular emphasis on formalising businesses and improving post-incorporation compliance. The announcement was made by the Registrar-General of CAC, Hussaini Magaji, during an in-house training session for state offices held in […]
Business
A Peoples Democratic Party (PDP) Chieftain, Sen. Nicholas Tofowomo, has urged President Bola Tinubu to allow local government autonomy and the country’s refineries to function properly before introducing the new tax reforms. The News Agency of Nigeria (NAN) reports that the president had, in October 2024, presented four Tax Reform […]
The Nigerian Communications Satellite (NIGCOMSAT) has announced a strategic partnership with Eutelsat, a global frontrunner in satellite communications, aimed at providing Low Earth Orbit (LEO) satellite services across Nigeria. This collaboration was officially disclosed by Aisha Bantam, the Head of Corporate Affairs at NIGCOMSAT, during a press briefing held in […]
The Ministries of Industry, Trade and Investment, Communications, Innovation, and Digital Economy have announced a collaboration to promote digital trade and create job opportunities in Nigeria. Dr. Jumoke Oduwole, Minister of Industry, Trade, and Investment, emphasised that the partnership would enhance Information Technology and Communication (ITC) and foster digital trade […]
Federal Capital Territory Minister Nyesom Wike has directed the establishment of a Special Task Force to dislodge criminal elements hiding in uncompleted structures, abandoned plots of land, and buildings across the territory. Mr. Adamu Gwary, Director, Department of Security Services, FCT Administration, disclosed this in an interview with the News […]
The Central Bank of Nigeria (CBN) says it has sanctioned some Deposit Money Banks (DMBs) for failing to make Naira notes available through automated teller machines (ATMs) during the Yuletide season. According to a statement by Hakama Sidi-Ali, CBN’s Director, Corporate Communications Department, this is a clear message of zero […]
Edo State’s First Lady, Mrs. Betsy Obaseki, has launched an innovative initiative to provide affordable electricity meters to 500,000 households across the state’s local government areas. This initiative aims to eradicate estimated billings, promote energy efficiency, and empower Small and Medium Scale Enterprises (SMEs). During the flag-off ceremony held in […]
Edo State Governor, Mr. Godwin Obaseki, has signed a revised supplementary budget of ₦450 billion into law, paving the way for a significant boost to small businesses and capital expenditure in the state. During the signing ceremony at the EXCO Chamber in Government House, Benin City, Obaseki expressed his gratitude […]
The Edo State Government, through the Edo State Oil Palm Programme (ESOPP), invites applicants for its innovative manpower development scheme. Geared toward nurturing a skilled workforce in the expansive oil plantation sector, this collaboration involves ESOPP, oil palm producers, and the Edo State College of Agriculture and Natural Sciences. The […]
The Edo State Government has forged a strategic alliance with LAPO Microfinance Bank to bolster small enterprises across its 18 local government areas. The pact, inked by Secretary Osarodion Ogie Esq. at the Government House in Benin City, heralds a new era of economic empowerment. Ogie, envisioning the pact’s transformative […]