Hard work, Discipline and Sacrifice key drivers of Entrepreneurship—Elumelu
Self-styled campaigner of Africapitalism, founder of the Tony Elumelu Foundation (TEF) and Chairman, United Bank for Africa (UBA), Diokpa Tony O. Elumelu has charged entrepreneurs to embrace hard work, discipline and sacrifice on their entrepreneurial journey to success. Speaking at…
Sanwo-Olu, Fidelity parley key Lagos market unions on tax inclusion, dev
…Trading unions charged to profile their members for easy tax collection As part of his efforts to raise tax base of the state, Lagos State Governor, Mr. Babajide Sanwo-Olu on Thursday, met with market leaders from Alaba and Trade Fair…
‘Agent Banking, POS driving last-mile access for unbanked, under-banked’
Strong rise in access to digital financial services especially by the unbanked is being experienced nationwide due to massive rollout of agent banking and Point of Sales (PoS) terminals as key drivers of last-mile access to formal digital financial services….
Politics of PIB delaying deep pocket investors in oil industry—NNPC boss
Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari has linked the near scare investors in the nation’s oil and gas sector in the last couple of years to the non-passage of the Petroleum Industry Bills (PIBs)…
Forex ban on 43 items holding back Nigeria’s FDI—IMF
…CBN insists policy strengthening naira, backward integration The International Monetary Fund (IMF), has revealed that contrary to the thinking of the Central Bank of Nigeria (CBN) that forex restrictions on 43 items are driving backward integration in the local manufacture…
GTBank’s 9M-19 shows earnings decline as profitability expands
Guaranty Trust Bank Plc released unaudited 9M-19 numbers this week, showing that the bank’s performance has not been adversely affected as of yet. The result was in line with expectations as gross earnings declined while profitability expanded moderately. The performance…
Hameed Ali blinds Customs key role of trade facilitation for income earnings
A danger signal capable of derailing the original statutory function of the Nigerian Customs Service (NCS) is seriously emerging since the appointment of retired Army Colonel, Mr Hameed Ali. Investigations and reports suggest that ever since his coming in, he…
Data sharing’ll drive safety of KYC on digital transaction channels—Fidelity Bank
Fidelity Bank Plc has called for digital synergy in customer data management so as to assist banks in the country to drive new levels of customer engagements across digital channels and systems. Speaking as a panelist at the recent 10th…
FG frustrating cashless policy with unnecessary fees, VAT—ABCON
The leadership of Association of Bureaux De Change Operators (ABCON), has described the processing fees for cash-less policy operations and the government’s planned hike in Value Added Tax (VAT) rate as discouraging ease of doing business. The group also noted…
1969 Petroleum Act empowers FG to take flared gas from IOCs for free—Derefaka
The Program Manager, Nigeria Gas Flare Commercialisation Programme (NGFCP), Office of the Minister of State for Petroleum Resources, Mr Justice Derefaka has opened up on the enabling legal framework upon which the Federal Government is relying on to assume sole…