PERSPECTIVE – The acquisition of Union Bank
By ETIM ETIM The news of the acquisition of of the 102-year-old Union Bank by a two-year-old Titan Bank has gripped national attention as 2021 draws to a close. It seems to be the exciting…
Category: capital
PERSPECTIVE – Why Osinbajo is right on the dollar rate
By Etim Etim In the six years and a few months he’s been our Vice President, Professor Yemi Osinbajo has never stirred controversy. Even in the heat of several public discussions and heated national debates…
Court rejects FIRS’s request to stop Rivers Govt from collecting VAT
Justice Stephen Dalyop Pam of the Federal High Court in Port Harcourt, Rivers State on Monday refused an application by the Federal Inland Revenue Service (FIRS), seeking to stop the Rivers State Government from collecting…
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Reps Minority Caucus Hails Okonjo-Iweala on Emergence as WTO DG
Dr. Ngozi Okonjo-Iweala. The Minority Caucus in the House of Representatives has congratulated the former Minister of Finance, Dr. Ngozi Okonjo-Iweala, on her emergence as Director General of the World Trade Organization (WTO) despite all…
GDP: Suspend request for foreign loans, financial experts urge FG
By Chinyere Joel-Nwokeoma Worried by the contraction in the country’s Gross Domestic Product (GDP), financial experts on Monday called on the Federal Government to suspend its request for external loans. They spoke in an interview…
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Oyakhilome to Buhari, African leaders: Bury your heads in shame for seeking medi-care, Covid-19 vaccines abroad
Pastor Chris Oyakhilome. Alfred Olufemi (Premium Times) President Muhammadu Buhari and other African leaders have been told to bury their heads in shame for depending on foreign countries for their health care, seeking Covid-19 vaccines…
Group urges FG to create enabling environment for infrastructural growth
Festus Adebayo. The Housing Development Advocacy Network (HDAN) has urged the Federal Government (FG) to create an enabling environment for infrastructural growth in the housing sector to meet the housing deficit in the country by…
Lagos presents N1.168trn 2020 Budget, over 11% of Nation’s budget; Can fund nation’s budget for FCT, Defense, Education, Health, 6 other ministries
Governor Sanwo-Olu of Lagos State. Lagos State Governor, Babajide Sanwo-Olu today, Friday, November 8, 2019 presented a budget of N1.168 trillion to the Lagos State House of Assembly for approval for the 2020 fiscal year.…
Opposition Reps insist on thorough scrutiny of 2020 budget
Hon Ndudi Elumelu, Minority Leader, House of Representatives. The Peoples Democratic Party (PDP)-led opposition in the House of Representatives at the weekend, picked holes in the N10.33 trillion 2020 budget, insisting that the annual estimate…
Emefiele begins the second tenure as CBN Governor
Mr. Godwin Emefiele, taking oath of office for 2nd term as CBN Governor. By Racheal Ishaya Mr Godwin Emefiele, Governor of the Central Bank of Nigeria (CBN), on Monday began his second tenure, following the…