• Panamá Solidario ha costado más de $2 mil millones, Carrizo pondera ‘la transparencia’

    Recordando que recibieron el país con las finanzas “comprometidas”, y que en 22 de los 30 meses de gobierno han tenido que lidiar con la pandemia, el vicepresidente de la República, José Gabriel Carrizo, leyó ayer un informe sobre las contrataciones hechas en medio del estado de emergencia, por la ...

  • Retired Soldiers Besiege Finance Ministry, Demand Pension Arrears Payment

    Some retired military personnel, on Wednesday, stormed the headquarters of the Federal Ministry of Finance in Abuja to demand the immediate payment of their pension arrears. The retirees under the aegis of Coalition for Concerned Veterans accused the federal government of owing them 24-month arrears of the approved minimum wage ...

  • Federal Govt To Begin Repayment Of IMF Loan In June

    The federal government has said it will commence the repayment of $3.4bn Rapid Credit Facility to the International Monetary Fund (IMF) from June this year. The loan facility has a quarterly repayment plan. Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, disclosed this during an interview with reporters ...

  • Nigeria: Investment in Public Infrastructure Will Bring Growth to SMEs in 2022 - Experts

    [Daily Trust] With 2022 projected to be a year of positive growth by private sector stakeholders, a construction industry expert, Temitope Runsewe, has said that only deliberate investments in public infrastructure will bring a much-needed boost for Nigerian SMEs in 2022.

  • Peru launches a bill to regulate cryptocurrencies

    RIO DE JANEIRO, BRAZIL - Peru joins countries seeking to regulate cryptocurrencies. Lawmaker José Elías Ávalos of the Podemos Perú party has submitted a bill called the Framework Law for the Commercialization of Cryptoassets, which aims to regulate organizations that offer cryptocurrency services. Peru has seen strong growth in adoption: ...

  • Entregan los primeros premios de la promoción navideña de Claro

    Nacional Contenido Premium: 0A través de la promoción navideña “Disfruta tu mejor presente”, la empresa Claro ...

  • [EDITORIAL] Ensure Faithful Implementation Of 2022 Budget

    President Muhammadu Buhari last Friday signed into law the 2022 Appropriation Bill and the 2021 Finance Bill in keeping with the tradition of restoring a predictable January to December fiscal year, as provided for in the Constitution of the Federal Republic of Nigeria. The 2022 budget provides for aggregate expenditures ...

  • Coleman Ready To Partner MTN On Fibre Cables Supply

    Coleman Technical Industries Limited has expressed its interest to establish a technical partnership with MTN Nigeria on the supply of fibre cables for its various projects. This was stated in a letter jointly signed by CEO/managing director, George Onafowokan and GM, Sales & Marketing of Coleman, Sheyi Adebayo. The letter ...

  • ABCON To CBN: De-risk BDCs’ Operations To Access Forex From Autonomous Window

    BY KINGSLEY OKOH, Lagos The Association of Bureaux De Change Operators of Nigeria (ABCON), an umbrella body for over 5,300 Central Bank of Nigeria (CBN)-licenced Bureaux De Change (BDCs) has urged the apex bank to de-risk the operations of BDCs to allow operators access foreign exchange (forex) from autonomous market ...

  • ‘KADIPA Aims To Be A World Class Investment Agency’

    At the beginning of the year, Ministries, Departments and Agencies of government and even the private sector, do some kind of stocktaking. What has Kaduna Investment Promotion Agency (KADIPA) done in the last two months that you took over as Executive Secretary? When the new management came on board, I ...

  • Lawyer Commends El-Rufai For Developing Kaduna

    Governor Nasir El-Rufai has been commended for instituting law and order, embarking on infrastructural development of Kaduna state and the Urban Renewal Programme. A legal practitioner, Dr Wahab Page who made this commendation in a letter to the governor, remarked that he is not a card-carrying member of any political ...

  • 2022 Budget Insertions: No Rift Between Buhari, NASS – Presidency

    The Presidency has cleared the air regarding what it described as widely-viewed/reported episode on Friday, December 31, 2021 at the State House in Abuja during the signing of the 2022 Budget and Finance Bill 2022 by President Muhammadu Buhari; specifically on the insertions in the 2022 Appropriation Act, of 6,576 ...

  • Naira Plunges To N435/$ At Official Window, As CBN Adjusts Rate

    Naira reached an all-time low at the official market to trade at N435 per $1 on Thursday and Friday, after the Central Bank of Nigeria (CBN) adjusted the country’s exchange rate on its website to N413.49 to a dollar. The move by the CBN may indicate another round of devaluation ...

  • PS revê-se “plenamente” na mensagem de Ano Novo do Presidente

    "Porque o país precisa de estabilidade política para consolidar a estratégia de combate à pandemia e de previsibilidade nas opções políticas para assegurar as condições de recuperação da economia e das condições de vida dos portugueses”, argumentou o secretário-geral adjunto, José Luís Carneiro.

  • Unmaking And Tweaking Nigeria’s FTZs’ Susceptibilities

    Gradually, but steadily, the grandiloquence narrations of the acclaimed outright under-performance of the Nigeria’s Free Trade Zones’ concept in the last 29 years of its adoption to drive the country’s industrialisation is been obliterated by new crop of data mavens using the latest digital infrastructure to capture, analyse and measure ...

  • UniAbuja Gets 4 New Professors As Council Promotes 114 Others

    The governing council of the University of Abuja has approved the promotion of 118 employees comprising 43 lecturers and 75 non-teaching staff. Four of the academic staff were promoted to the rank of professor; 10 became associate professors; 19 were made senior lecturers; four became Lecturer I and six were ...

  • Massive Investment In Oil, Gas In 2022  Through PIA Expected

    The Petroleum Industry Act(PIA) is expected to lead to influx of massive investments in the oil and gas sector of the nation’s economy in the new year. Nigeria’s oil and gas is hopefully swinging into significant level of growth backed by industry wide fiscal regime that government put in place ...

  • Harnessing Huge Maritime  Potential To Be Nigeria’s Major Revenue Earner  In 2022

    Amid dwindling revenue and huge borrowing by the federal government, stakeholders predicted maritime sector can single-handedly finance the country’s budget if the potentials in the sector are properly harnessed. For instance, the Nigeria Customs Service has generated over N2.3trillion income from January to December 19th, 2021. Also, agencies like Nigerian ...

  • LASG Hails Assembly Over Passage Of LASUED Bill

    Lagos State government has commended the Rt. Hon. Mudashiru Ajayi Obasa led House of Assembly for passing the bill, establishing Lagos State University of Education, LASUED. The state government assured that with the law establishing the proposed two Universities in place, every other logistics, including finances, equipment, and instructional materials, ...

  • Sanwo-Olu Signs 2022 Budget Of N1.76 trn , Seeks Speedy Delivery Of Justice

    Lagos State Governor, Mr Babajide Sanwo-Olu on Friday signed the 2022 appropriation bill of N1.758trn into law, making the budget the biggest ever by any state government. Speaking after assenting to the bill at the Lagos State House, Ikeja, Governor Sanwo-Olu said about N591b is meant for recurrent expenditure, while ...

  • Ex-LAWSAN National President, Agbomhere, Gets AFBA’s Job

    The African Bar Association Section on Taxation and Finance Law (AFBA-ST&FL), has appointed a former National President of the Law Students Association of Nigeria (LAWSAN), Dr. Blessing Agbomhere, as its Director of Corporate, Intergovernmental and Strategic Commerce. The AFBA-ST&FL made the appointment in a letter signed by its President, Hannibal ...