Wema Bank Plc has said it plans to equip small and medium-scale enterprises in Enugu with adequate knowledge and skills to boost their businesses. The bank said in a statement that it would hold its maiden ‘Business Growth and Innovation Conference’ in Enugu, in partnership with the Enugu SME Center, the Enugu State Government’s SME…
Fidelity Bank Plc has announced the appointment of Pamela Shodipo as executive director of the south directorate after regulatory approval by the Central Bank of Nigeria. The bank said in a statement that Shodipo joined the board of Fidelity Bank with over 25 years of multifunctional and cross-border banking experience at leading financial institutions, covering…
Customers of MTN Nigeria were left stranded for some hours on Tuesday because they could not access communication services. According to observations, the communication blackout started in the afternoon and persisted for hours. Many MTN subscribers took to social media to lament this network downtime. Many complained about how their inability to call, text, or…
Commercial banks are insisting on the Central Bank of Nigeria February 10 deadline to deposit old N200, N500 and N1,000 banknotes despite a temporary halt of the process by the Supreme Court.Financial institutions like Stanbic IBTC, Union Bank and other commercial banks said they would stick to the February 10 deadline for accepting old naira…
The FIRS yesterday signed a Memorandum of Understanding (MoU) with the Lagos Internal Revenue Service (LIRS). The MoU signing ceremony took place at the State House, Marina, Lagos State, and was executed by the Executive Chairman, FIRS, Mr. Muhammad Nami, and the Executive Chairman, LIRS, Mr. Ayodele Subair. It was witnessed by the Honorable Minister…
By Ayomide Otitoju The Lagos State Government has said that 27.3% of its entire Y2023 Budget amounting to N482.86 Billion will be expended on providing modern infrastructure for the citizenry. The State Commissioner for Economic Planning and Budget. Mr. Samuel Egube disclosed this at Press Briefing held today at the Bagauda Kaltho Press Centre, Secretariat, Alausa,…
•Sanwo-Olu: ‘Collaboration to check double taxation, widen tax base’ By Ayomide Otitoju Lagos State Government has sealed a bilateral agreement with the Federal Government to harmonise tax administration, raise system efficiency and proffer solution to challenges of multiple taxation. Governor Babajide Sanwo-Olu, on Monday, presided over a ceremony where Federal Inland Revenue Service (FIRS)…
• Governor upgrades rural road 40 years after, flags off project’s expansion to Abraham Adesanya Roundabout By Ayomide Otitoju First phase of the reconstruction and upgrading of the Eti Osa-Lekki-Epe Expressway has now been completed and delivered, with the infrastructure formally opened to vehicular traffic. Lagos State Governor, Mr Babajide Sanwo-Olu was on Wednesday, accompanied…
The Nigerian National Petroleum Company Limited (NNPC Limited) on Tuesday engaged with the oil marketers and security agencies to find ways of addressing the lingering fuel crisis in the country. The engagement, held in Abuja at the instance of the NNPC Limited had in attendance the Chief of Defence Staff, Gen. Lucky Irabor, Inspector-General of…
