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Daily Archives: May 12, 2020

10,000 Kogi workers to benefit from CBN agribusiness scheme

10,000 Kogi workers to benefit from CBN agribusiness scheme

The Central Bank of Nigeria has said that 10,000 Kogi State Government workers are to benefit from the approved N10bn Agribusiness Alternative Retirement Investment Scheme scheduled to take off soon. The consultant in charge of the scheme, Mr Joseph Idoko, ...

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La Liga will return with matches every day, says league president

La Liga will return with matches every day, says league president

La Liga will return with matches every day, league president Javier Tebas has revealed. Spain’s top division has been shut down since March in the wake of the coronavirus pandemic. As lockdown restrictions are lifted players and teams have now ...

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FG sets up panel to revive Ajaokuta steel plant

FG sets up panel to revive Ajaokuta steel plant

The Federal Government has inaugurated the Ajaokuta Presidential Project Implementation Team with the aim of diversifying the economy. The Secretary to the Government of the Federation, Boss Mustapha, is the chairman of the team while the Minister of Mines and ...

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COVID-19 will worsen Nigeria’s debt, says NESG

Oil, gas revenue dropped by N425.52bn in Q1 –Minister

With declining revenue, Nigeria’s debt position will be worsened as the government is set to embark on massive borrowing of over N4.43tn, the Nigerian Economic Summit Group has said. The NESG, a private sector-led think-tank, said the country needed at ...

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Exchange commits N100m to support fight against COVID-19

Experts seek removal of VAT, withholding tax on dividend, others

The Nigerian Stock Exchange (NSE), said it has committed about N100million to support the fight against the Coronavirus (COVID-19) pandemic in Nigeria. According to the exchange, N60million will be donated to the Capital Market Support Committee for COVID-19 (CMSCC), while ...

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SEC reopens head office, promises to protect investors

SEC reopens head office, promises to protect investors

The Securities and Exchange Commission says following the Federal Government’s partial easing of the lockdown measures introduced to minimise the spread of COVID-19 across Nigeria, it has reopened its head office in Abuja. Even as SEC promised to continue to ...

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Olisa Agbakoba Legal Loses Managing Partner, Bisi Akodu

Olisa Agbakoba Legal Loses Managing Partner, Bisi Akodu

Managing Partner of Olisa Agbakoba Legal (OAL), Mrs. Bisi Akodu, has passed away on Sunday 10th May, 2020 at the age of 66 years. OAL disclosed in a statement on Monday that the late Bisi Akodu joined the Board of ...

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