AC flays Bayelsa for hosting post-amnesty summit

AC flays Bayelsa for hosting post-amnesty summit

The Action Congress in Bayelsa State yesterday flayed the state government for sponsoring a post-amnesty summit in Kaduna when the state was bereft of potable water and other basic amenities for the people.
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Spring Bank acquisition : Aggrieved shareholders may be accommodated — Sanusi

Spring Bank acquisition : Aggrieved shareholders may be accommodated — Sanusi

Indication has emerged that the aggrieved shareholders of Spring Bank Plc may regain their investment from Bank PHB Plc .
The Governor of Central Bank of Nigeria (CBN), Lamido Sanusi has said that the aggrieved shareholders of the contentious Spring Bank may be accommodated under the current dispensation following the sack of the managing directors and executive directors Spring Bank and Bank PHB.

Oil stocks lead gainers as share value rises by N15bn

Oil stocks lead gainers as share value rises by N15bn

Two Petroleum marketing companies, Conoil Plc and African Petroleum Plc, led 40 other listed companies with share price gains, provoking a N15.22 billion appreciation on the total value of listed equities on the Nigerian Stock Exchange (NSE), Monday.

‘Global recession not over’

‘Global recession not over’

More than 80% of top economists believe that the recession that started almost two years ago is finally over. But most don’t expect meaningful improvement in jobs, credit or housing for months to come.

FIRS Chairman decries use of tax consultants by States, LGs

FIRS Chairman decries use of tax consultants by States, LGs

The Executive Chairman, Federal Inland Revenue Service (FIRS), Mrs Ifueko Omoigui-Okauru, has warned that the use of tax consultants to collect internally generated revenue will hamper the country’s growth. Omoigui-Okauru told the News Agency of Nigeria (NAN) on Monday in Lagos that their involvement in tax collection was promoting corruption, stressing that the use of consultants by the States and Local Governments is not only illegal, but a subversion of the activities of tax officers nationwide.

Challenges of vision 20: 2020 — NISER

Challenges of vision 20: 2020 — NISER

The Director General, Nigerian Institute of Social and Economic Research (NISER), Ibadan, Professor Tunji Akande said on Monday in Lagos that one of the challenges facing vision 2020 is the absence of industrial core base for effective industrial linkage effects.

Nigerian Eagle Airlines introduces new fare structures

Nigerian Eagle Airlines introduces new fare structures

Nigerian Eagle Airlines, formerly Virgin Nigeria Airways Ltd, the nation”s fully private sector flag carrier, has introduced new domestic fare pricing structure to further stimulate the market and boost patronage.