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Business and Economy

Ebonyi as key player in Zero Hunger project – A News Analysis by Obike Ukoh, News Agency of Nigeria (NAN)

  Before the creation of Ebonyi on Oct. 1, 1996, the geographical entity that made up the area was known for two things: rice production and guinea-worm infestation. Guinea-worm infestation caused by drinking unclean water has been eradicated as a result of massive water projects embarked upon by successive governments. …

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SEC decries low enrollment of investors to e-dividend payment platform

By Chinyere Joel-Nwokeoma The Securities and Exchange Commission (SEC) on Monday decried low investors enrollment to the e-dividend payment platform in the last three months. Mr Mounir Gwarzo, SEC Director-General, who said this at the third quarter post-Capital Market Committee (CMC) news conference, held in Lagos said only 46,176 investors …

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Tax: Lagos moves to shut down headquarters of defaulting companies …Gives Monday deadline to remit all outstanding payments

The Lagos State Government on Sunday said it will commence the process of shutting down the corporate headquarters of organisations in the State who have defaulted in remitting statutory taxes to government from Monday, November 20. In a statement signed by the Commissioner for Finance, Mr. Akinyemi Ashade, the State …

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FG moves to consolidate ease of doing business in mining sector. ….As Ministry unveils integrated automated GIS Web Portal

The Federal Government, on Thursday took another bold step in consolidating ease of doing business in the mining sector with official unveiling of the Integrated Automated and Interactive GIS Web Portal of the Ministry of Mines and Steel Development. The unveiling of the GIS Web Portal, which came barely a …

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CBN expands Anchor Borrowers’ Programme … Targets additional 2m tonnes from 300,000 Rice Farmers

 The Central Bank of Nigeria (CBN) has formed strategic partnerships with agricultural commodity associations in the country in its effort to expand the implementation of the Anchor Borrowers’ Programme (ABP). Disclosing this in Abuja on Wednesday, November 8, 2017, the Acting Director in charge of Corporate Communications Department (CCD) at …

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Agge Deep Seaport: Maritime activities kick off in 2020, says Dickson …Inaugurates project implementation c’ttee

Bayelsa State Governor, Henry Seriake Dickson, in Yenagoa on Wednesday assured prospective investors that, some levels of port activity would commence at the Agge Deep Seaport in Ekeremor Local Government Area, before the terminal date of his administration. The governor, according to a statement by his Chief Press Secretary, Francis Ottah …

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CBN Moves to open more opportunities with Collateral Registry CBN to boost business opportunities through NCR

  The Central Bank of Nigeria (CBN) says it is opening more business opportunities in Nigeria through the National Collateral Registry (NCR). The Bank’s position was made known in Abuja on Monday, November 6, 2017, by its Acting Director, Corporate Communications, Isaac Okorafor, who revealed that soon the NCR would …

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