Lagos State Commends StanbicIBTC’s Commitment to Home Ownership

CHIGOZIE AMADI The Lagos State Government has commended StanbicIBTC Bank’s commitment in enhancing Nigerians capacity to own their homes. This commendation was delivered by the Permanent Secretary, Ministry of Housing, Lagos State, Mr. Abdulhafiz Gbolahan Toriola during...

‘Skills Deployment Will Quicken Nigeria’s Economic Recovery’

‘Skills Deployment Will Quicken Nigeria’s Economic Recovery’ CHIGOZIE AMADI Skills Council for Building in Nigeria, has said that the human, material and natural resources in the country can position it to be global leader in the building...

Edo Strengthens Collaboration with IDH for Green Economy

*Attracts €3m fund to support oil palm production CHIGOZIE  AMADI The Edo State Investment Promotion Office (ESIPO)-Ease of Doing Business Secretariat recently held a strategic meeting with representatives from the Sustainable Trade Initiative (IDH), Netherlands, to...

PalmPay charges POS operators to register or submit CAC Certificate to prevent account freezing

    Following the Corporate Affairs Commission’s Directive for POS operators to register and submit their CAC details on or before July 7, 2024, PalmPay has tasked its business users who have not yet complied with...

Sterling HoldCo Gets Shareholders Approval to Raise N200bn Fresh Capital

CHIGOZIE  AMADI Major shareholders of Sterling Financial Holdings Company Plc., approved the management decision to raise N200 billion fresh capital at its recently held inaugural annual general meeting (AGM). The shareholders expressed their delight with the...

MPC: Domestic Financial Conditions Tight, Putting Pressure on Public Debt Service

CHIGOZIE  AMADI   A member of the Monetary Policy Committee (MPC), Ms. Lydia Shehu Jafiya, has raised concerns about the current state of domestic financial conditions, which she said are tight and may be exerting upward...

Unclaimed Dividend: SEC Launches Revamped e-Dividend Mandate Portal

Unclaimed Dividend: SEC Launches Revamped e-Dividend Mandate Portal CHIGOZIE AMADI The Securities and Exchange Commission has announced the launch of the revamped e-Dividend Mandate Management System (e-DMMS) portal as a bold step to curb the growth...

To Resolve FX Liquidity Pressures, CBN Orders Banks, IMTOs to Settle Diaspora Remittances in...

•Move to boost access, strengthen local currency •Provides option for same day settlement • Cardoso: CBN will adhere to conventional methods to tame inflation  •Optimistic on achieving price stability CHIGOZIE AMADI The Central Bank of Nigeria (CBN) yesterday directed...

Wale Edun: Tinubu’s Govt Has Revamped Nigeria’s Economy

•Says Nigeria’s total debt stock dipped by 15% in dollar term  •Puts outstanding Ways and Means at N3.4tn •DMO: FX, interest rates, securitisation of Ways and Means pushed up public debt   •Multilateral creditors owed $20.82bn, China $5bn CHIGOZIE...

Transitioning Company Management To Trust Structures.

  When the owner of business ages, he becomes increasingly anxious about what happens to the business. He is constantly asking the question: who would assume the responsibility of sustaining the business and by implication,...
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