Business

By Ginika Okoye The Securities and Exchange Commission (SEC) says victims of Ponzi schemes in the country were mostly women. Dr Emomotimi Agama, Director-General, SEC, said this on Thursday in Abuja, at an event to mark the International Women’s Day (IWD) celebration organised by the commission. Agama said that there was therefore the need to…

By Martha Agas A customs and tax expert, Mr Okey Ibeke, says the duties of the Nigeria Customs Service (NCS) is not only limited to revenue collection but involves highly technical operations. Ibeke stated this on Thursday in Abuja, following a public hearing on tax reform bills organised by the Special Committee on Tax Reform…

By Dan Nandom The Democratic Front (TDF) has described the N100bn MOFI Real Estate Investment Fund as a creative initiative by the Tinubu administration to ensure affordable housing options for low-income individuals and families. In a statement signed by its Chairman Mallam Danjuma Muhammad and Secretary, Chief Wale Adedayo, TDF expressed its conviction that the…

By Martha Agas The Nigerian Mining and Geosciences Society (NMGS) says it plays a major role in shaping the policy direction of mineral development in the country. NMGS President, Prof Akinade Olatunji, stated this on Friday in Abuja, during a news conference ahead the society’s 60th Annual International Conference and Exhibition (AICE). According to Olatunji,…

By Isaiah Eka Mr Orok Godspower, Country Manager, CoinEx Nigeria, has urged the business enthusiasts across the South-South Zone of the country to utilise the opportunity of blockchain summit to explore investment prospects. Godspower made the remark in a statement made available to newsmen in Uyo on Tuesday. He said that the summit, themed, “The…

By Dan Nandom The Tinubu Media Support Group (TMSG) has described the N21.70 trillion revenue recorded in 2024 by the Federal Internal Revenue Service (FIRS) as the fulfilment of a promise by President Bola Tinubu to raise collectable revenues without increasing the tax burden on Nigerians. In a statement signed by its Chairman Emeka Nwankpa…

By Thompson Yamput The Tinubu Media Support Group TMSG has described the $7.6 billion fresh investment commitment for Nigeria, announced by the Africa Development Bank (AfDB), as a sign of a buoyant 2025 for Nigerians. The TMSG Chairman, Mr  Emeka Nwankpa and his Secretary, Mr  Dapo Okubanjo, made the assertion in a statement signed and…

By Thompson Yamput The Kogi Government on Wednesday harps on the establishment of a Free Trade Zone at the Ajaokuta economic development corridor of the State. Gov. Ahmed Ododo, made the remarks while on a working visit to the Managing Director of the Nigeria Export Processing Zones Authority (NEPZA), Dr. Olufemi Ogunyemi in Abuja. In…

By Thompson Yamput The Kogi State Internal Revenue Service says the state’s Internally Generated Revenue (IGR) profile has risen from N6 billion in 2016 to N23.5 billion per annum. Alhaji Sule Enehe, the chairman of the service, announced this in a stakeholders interactive session held in Lokoja on Tuesday. Enehe explained that when he came…

By Thompson Yamput The Kogi Government has mapped out 1, 200 hectares of land for immediate intervention in cassava production. The Commissioner for Agriculture, Mr Timothy Ojoma, made the disclosure in Lokoja during the  inauguration of the State Executive Council of the Cassava Cottage Processing Marketing Association (CACOPMAN) on Wednesday. Ojoma said that the state…