Sun. Nov 20th, 2022

Charity Jokeda

The Independent Shareholders Association of Nigeria has kicked against the Central Bank of Nigeria’s imposition of 0.5 per cent levy on commercial banks to fund the Asset Management Corporation of Nigeria. According to the shareholders, AMCON had now received N453.47bn as levies from commercial banks between 2020 and the first quarter of 2022. The shareholders


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The Home Finance Department of the Ministry of Finance, Budget and National Planning has requested about $8.93m from the World Bank to procure 21 items, which included office stationery, office furniture, office supplies, office equipment, and vehicles. The requests were made under the State Fiscal Transparency, Accountability and Sustainability project, which was initiated in 2018.


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Policy flip-flops are hurting the Nigerian textile sector, leading to the demise of several factories across the country. President of Women in Business and Tourism in Nigeria, Sophia Khan, said this at a press conference in Abuja while announcing the group’s plan to hold the first Abuja African and Textile Expo, which will take place


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The endless depreciation of the naira and the rising inflation have eroded Nigerian workers’ N24.88tn salary received in the first six months of 2022. The salaries of workers in the Nigerian formal sector increased from N21.80tn in the first six months of 2021 to N24.88tn in the corresponding period of 2022. This represents a N3.08tn


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The National Bureau of Statistics has disclosed that 133 million Nigerians are multi-dimensionally poor. In its latest National Multidimensional Poverty Index report launched on Thursday, the NBS said that 63 per cent of Nigerians were poor due to a lack of access to health, education, living standards, employment and security. The Multidimensional Poverty Index offers


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A fintech company, Schoolable, has said its newly introduced application solution, ‘Little’, will allow parents and guardians to seamlessly give their children and wards pocket money as well as monitor their spending habits. According to the Chief Operating Officer, Schoolable, Angela Essien, at the unveiling of the card app. Little would catch them young with


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The World’s Best School Prizes, founded by T4 Education is now open to Nigerian schools. A statement by the organisation said the prize was in collaboration with the world’s most prestigious education prizes including Accenture, American Express, Yayasan Hasanah, Templeton World Charity Foundation, and the Lemann Foundation. It revealed that there were five prizes schools


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The National Association of Proprietors of Private Schools has emphasised the need for a better and quality education sector. Speaking at a virtual meeting, National President, NAPPS, Mr Yomi Otubela, revealed that the 2022 annual NAPPS International Conference and Exhibition was titled, “ Revamping Africa’s education for sustainable development: Private education perspective,” would discuss and


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The Convention on Business Integrity has said that the partnership with the management of the Nigerian Ports Authority, through the Maritime Anti-Corruption Network, has reduced the cost of a ship berthing in Nigeria by 86 per cent – from $150,000 per vessel to about $20,000.  The co-founder of the group, Mr Olusoji Apampa, while speaking


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