Economy
NSIP: 4,537 beneficiaries receive cash grants in Jigawa as GDP hits N2.25trn
The Jigawa state government has announced an increment in its Gross Domestic Product (GDP) following a boom in business activities as a result ...
Economy
‘Why We Are Delivering Value And Growing our Numbers’ – Wema Bank MD/CEO, Adebise
The Managing Director/CEO of Wema Bank Plc, Mr. Ademola Adebise, has explained the facts behind the bank’s growing numbers during the half year ...
Economy
KWSG Discloses Plan To Support 30,000 Female Petty Traders With 20k Each, Partners MTN For Data Capturing
Kwara State Executive Council has approved a programme to empower at least 30,000 female petty traders with a grant of N20,000 each over ...
Economy
Federal Govt Set To Generate N160bn From Call, Data Taxes
Federal Government will generate about N160.46bn from excise duty on telecommunication services in 2023. According to the Nigerian Communications Commission, the combined revenue ...
Economy
Wema Bank Debunks Cheque Forgery Allegation
The attention of Management of WEMA BANK PLC has been drawn to the trending news in the media to the effect that a ...
Economy
CBN Has No Plan To Close Community Associations’ Accounts – Investigations
The Central Bank of Nigeria (CBN) has said it did not direct Deposit Money Banks to seize funds in Community Associations’ Savings Accounts. ...
Economy
KW-IRS Promotes 332 Staff, Rakes N18.036b in Half Year of 2022
The Management of the Kwara State Internal Revenue Service (KW-IRS) says it has promoted 332 members of staff for 2021 following their appraisal, ...
Economy
Embrace Every Economic Opportunity, Obasanjo Tells Youths
Former President Olusegun Obasanjo has called on Nigeria Youths to embrace every economic opportunity with hard work and dedication. The former president gave ...
Economy
PTAD Introduces “I Am Alive’’ To Ease Pensioners’ Stress
Dr Chioma Ejikeme, the Executive Secretary, Pension Transitional Arrangement Directorate (PTAD), said the “I Am Alive’’ online confirmation portal was created to ease ...
Economy
World Bank warns CBN over intervention funds disbursement
The World Bank has said the Central Bank of Nigeria’s (CBN) development finance intervention is fuelling inflation in the short term and weakening ...
Economy
ECOWAS pushes launch of single currency to 2027
Mr Jean-Claude Brou, President of the Economic Community of West African States (ECOWAS) Commission, has said that the community has resumed convergence to ...
Economy
NADDC D-G Inaugurates 2,322 Made-in-Nigeria Gas Powered Buses Bought by RTEAN
Mr Jelani Aliyu, the Director-General, National Automotive Design and Development Council (NADDC), has inaugurated 2,322 gas-powered Made-in-Nigeria buses bought by the Road Transport ...
Economy
FIRS Pledges Collaboration with KW-IRS on Improved Revenue Generation
Federal Inland Revenue Service (FIRS) has pledged to collaborate with the Kwara State Internal Revenue Service (KW-IRS) to improve revenue generation in the ...
Economy
Tanzania Commends Nigeria Govt on Mining Intervention Fund
Dr Stevenn Kiruswa, the Deputy Minister for Minerals, the United Republic of Tanzania, has commended the Federal Government for supporting Artisanal and Small ...
Economy
CBN Reviews Operations Of NIBBS Instant Payments System, Others
The Central Bank of Nigeria (CBN) has reviewed upwards, the operations of the Nigeria Inter-Bank Settlement System (NIBSS) and other electronic payment operations. This is ...
Economy
FG tasks NAICOM on prompt claims payment
The Federal Government has called on the National Insurance Commission (NAICOM) to put in place measures that will ensure insurance companies meet their ...
Economy
A’Ibom Unveils Coconut Oil Refinery, Targets 3,000 Jobs
The Akwa Ibom State Government has commissioned what it described as Africa’s first digital coconut oil refinery Commissioning the factory located in Ikot ...
Economy
Buhari tasks World Bank, AfDB, others to activate $19bn fund for PAGGW’s activities
President Muhammadu Buhari has urged the World Bank, African Development Bank (AfDB) and other partners to support the One Planet Summit initiative and ...
Economy
Quickteller Introduces Smart PoS
Quickteller Business, powered by Interswitch, has introduced Smart Point of Sales (PoS) terminals, which will enable Small and Medium Business Enterprises (SMEs) and ...
Economy
CBN Governor, Emefiele Orders Release of N3.5bn Rebate to Exporters
CENTRAL Bank of Nigeria (CBN) Governor Godwin Emefiele has ordered the release of N3.5 billion rebate to exporters who have brought in foreign ...
Economy
You Can Only Succeed in Lifting 100m Nigerians Out of Poverty following Ways – World Bank to FG
The World Bank says it is hopeful the Federal Government can achieve its target of lifting 100 million Nigerians out of poverty in ...
Economy
Buhari Lauds BOI for Creating 9m Jobs
President Muhammadu Buhari has lauded the Bank of Industry (BOI) for creating more than nine million jobs in the last seven years. He ...
Economy
SEC Laments High Level Of Unclaimed Dividends
The Securities and Exchange Commission (SEC) has lamented the high number of unclaimed dividends in the capital market. A statement by the Commission ...
Economy
Govt borrowings not necessarily bad, says DMO
The Debt Management Office (DMO), says borrowings by countries to finance budget deficits and critical infrastructure is not necessarily bad. Patience Oniha, the ...
Economy
NIRSAL facilitates over N73bn into Agro-processing industry-MD
The Nigeria Incentive-Based Risk Sharing System for Agricultural Lending (NIRSAL Plc), has facilitated the flow of over ₦73 billion into Nigeria’s Agro Processing ...
Economy
IWD: Google announces $1m grant, other initiatives to support Nigerian women entrepreneurs
In commemoration of the 2022 International Women’s Day, Google has announced $1m grant for African women, including Nigerian women entrepreneurs to help grow ...
Economy
Kogi: Agbana Assures Investors Govt Commitment to Friendly Environment for Business to Flourish
The Agbana of Isanlu, His Royal Majesty, Oba Moses Etombi has reiterated Governor Yahaya Bello’s commitment to providing enabling environment for both local ...
Economy
IMF, experts project optimistic outlook for Nigeria in 2022
The International Monetary Fund (IMF) alongside some economic experts have projected an optimistic economic outlook for the Nigerian economy provided certain macroeconomic fundamentals ...
Economy
FirstBank gets $100 million from UK firm to support women-owned, small businesses
FirstBank of Nigeria Limited has been granted a $100 million facility by United Kingdom’s CDC Group as a lifeline targeting businesses owned by ...
Economy
Nigeria Govt Counters IMF, Gives Reason For Growing Debt Servicing
The Federal Government has reacted to the analysis of the International Monetary Fund (IMF), which states in its 2021 Article IV, that the ...
Economy
Increase VAT, Remove Fuel Subsidy Now, IMF Tells Nigeria Govt
The International Monetary Fund (IMF) has called on the Federal Government to urgently consolidate its fiscal policies to create space and reduce debt ...
Economy
Reps Begin Probe Of FG’s N1.2trn Unclaimed Funds In Commercial Banks
The House of Representatives on Monday began the investigations of the N1.2 trillion unclaimed funds of the Federal Government in commercial banks in ...
Economy
CBN Governor Tasks Rice Millers on Forex, Employment
The Central Bank of Nigeria Governor (CBN) Godwin Emefiele, has urged rice millers in the country to embrace CBN’s backward integration initiatives aimed ...
Economy
IGR: KW-IRS Announces N26.9b for year 2021, Gives Quarterly Rakes
The Kwara State Internal Revenue Service (KW-IRS) has announced that it generated sum of N26,961,014,485.76 (Twenty Six Billion, Nine Hundred and Sixty One ...
Economy
How Digitalization of Payment System Saves FG N124bn – HoS, Yemi-Esan
The Head of Service of the Federation, Dr. Folasade Yemi-Essan, has disclosed the way in which the implementation of the Integrated Personnel and ...
Economy Kwara Gov signs 2022 budget as CAPEX hits 56%,
Kwara Gov signs 2022 budget as CAPEX hits 56%,
prioritizes projects completion, workers’ welfare
Kwara State Governor AbdulRahman AbdulRazaq on Friday signed the 2022 budget, with the capital expenditure now pegged at 56%, indicating a commitment to ...
Economy
KWSG Reads Riot Act to Employers of Labour Against Irregularities in Remittances of PAYE
Kwara state government has warned employers of labour in the state over irregularities in the remittances of Pay-As- You-Earn’ (PAYE) of their workers ...
Economy
N4.1trn Revenue Target for Customs is Outrageous, Private Investments under Threaten – Licensed Agents
The Association of Nigerian Licensed Customs Agents (ANLCA) has questioned the N4.1trillion revenue target set for the Nigeria Customs Service (NCS) by the ...
Economy
Oyo Emerges Best State In Digital Technology Development
Oyo State has emerged as the best state in Digital Technology Human Capital Development, Best State in Digital Technology Infrastructure Development, runner up ...
Economy
Kwara Launches 10 year Development Plan, FG, UNDP Extol AbduRazaq
Kwara State Government yesterday launched a 10-year sustainable development plan (SDP) which Governor AbdulRahman AbdulRazaq said envisions the bright future that the administration ...
Economy
MTN Holds Investors Forum in Kwara, Offers Sale of Shares
MTN Nigeria has called on members of the public to take advantage of the ongoing sales of the company’s shares to be part ...
Economy
We’re Building Inte’l Conference Centre to Attract Investors – Gov AbdulRazaq
Kwara State Government is building an international conference centre in Ilorin to attract increased attention and investments to the state’s hospitality sector, Governor ...
Economy
Plaster of Paris (POP) Workers Call for Price Regulation
The Union of Plaster of Paris Workers in Nigeria has called on the Federal Government to regulate the price of Plaster of Paris ...
Economy
My Govt Will Keep Supporting SME – Gov AbdulRazaq Assures Market Women
Kwara state Governor AbdulRahman AbdulRazaq on Wednesday said his administration is committed to deepening the revenue base of the state through business friendly ...
Economy
KWASSIP to sponsor 100 young business owners to 8th Kwara Trade Fair
Kwara State Social Investment Programmes (KWASSIP) announced on Monday that it would sponsor at least 100 beneficiaries of Kwapreneurs to the 8th Kwara ...
Economy
Kwara to Tap Opportunities Offered by NIDCOM Summit
The Focal Person on Diaspora Matters to Kwara State Governor, HE Mallam AbdulRahman AbdulRazaq,Dr. (Mrs.) Lola Sawyerr is in Kwara state to meet ...
Economy
IATF 2021: Kwara Gov harps on business opportunities in Africa
Kwara State Governor AbdulRahman AbdulRazaq has encouraged Kwara-based companies and other Nigerian businesses to take advantage of opportunities offered by Africa Continental Free ...
Economy
KWSG adds 30k more beneficiaries to its poverty alleviation scheme
Kwara State Governor AbdulRahman AbdulRazaq yesterday flagged off the disbursement of non-interest loans to another round of 30,000 beneficiaries of the social investment ...
Economy
FBN Holdings Confirms Otedola’s Acquisition Of 5.07% Stake
In just 24 hours after denying notification of possible acquisition of shares by Mr Femi Otedola, FBN Holdings (FBNH) Plc has again confirmed ...
Economy
KWSG to Sponsor 3 to Intra-Africa Trade Fair, Calls for Applications via Business Ideas
Kwara state government has reiterated its commitment to the creation of enterprising environment and supporting people with innovative ideas that can transform the ...
Economy
KWSG Empowers 350 Artisans with Tools, Cash
Kwara state government on Thursday 14th of October empowered 350 artisans selected across the 16 local government areas with working tools and cash. ...
Economy
World Decent Work Day: ILO, MINILS Charges Stakeholders
International Labour Organisation (ILO) in partnership with Michael Imoudu National Institute for Labour Studies (MINILS) has charged both the employers of labour and ...
Economy
Buhari Needs to Act Fast to Salvage Collapsing Economy- Archbishop Amoo
Archbishop Israeli Afolabi Amoo of the Kwara Province of the Church of Nigeria (Anglican Communion) has called on President Muhammadu Buhari to act ...
Economy
KWSG Commences Registration of Beneficiaries of NG-CARES for MSMES
The Kwara state government has announced the commencement of registration of micro, small and medium enterprises (MSMEs) in the state for the NG-CARES ...
Economy
Association of Manufacturers Hails CBN Decision to Withdraw Foreign Exchange from BDCs
Manufactures Association of Nigeria (MAN) has hailed the decision of the Central Bank of Nigeria (CBN) of Withdrawing foreign exchange from the Bureaux ...
Economy
Financial Expert Proffers Solution to Habitual Naira Devaluation
A financial expert, Senator Rafiu Adebayo Ibrahim, PhD, has recommended that having an economy that is not tied to the price of one ...
Economy
Infrastructure Deficiency: KWSG Releases N76m to Kick-start NG-CARES
The Kwara State government has released the sum of N76M to the Kwara State Community and Social Development Agency for the commencement of ...
Economy
Manufacturers Appeals To Govt, Stakeholders To Solve Electricity Problem
Manufacturers have appealed to the Government and all stakeholders in power sector to address inadequate electricity supply in the country said the menace ...
Economy
FG Approves N15bn Revitalization Fund for Polytechnics, Colleges
THE Federal Government has approved the sum of N15 billion as revitalisation fund for Polytechnics and Colleges of Technology in the country. This ...
Economy
KWSG Empowers 170 Youths With Interest-free Loan For Business
No fewer than 170 young people with businesses in the state have received interest-free loans from Kwara State government, an initiative Governor AbdulRahman ...