FG urged to finance capital expenditure  via capital market

FG urged to finance capital expenditure via capital market

Operators in the Nigerian capital market have called on the Federal Government to source funds from the local market to finance capital expenditure instead of relying on the yearly meager budgetary allocation budget.
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Electronic payments hit N35 trillion in 2014

Electronic payments hit N35 trillion in 2014

The value of electronic payment rose by 150 percent in two years to N35 trillion in 2014, reflecting the impact of the cashless policy. Deputy Governor, Economic Policy, Central Bank of Nigeria (CBN) Dr. Mrs Sarah Alade disclosed this in Lagos at the inauguration of the Payment System Strategy Board, Payment Scheme Boards and Initiatives Working Groups.

Group absolves Patience Jonathan of plot to unseat Dickson

Group absolves Patience Jonathan of plot to unseat Dickson

A group, the Bayelsa Renaissance Movement, BRM, has described as “phoney,” the claims by some youth groups and politicians in the state that the First Lady, Dame Patience Jonathan, was part of an alleged plot to unseat the state governor, Mr. Seriake Dickson.

Land Use Charge: Fashola insists Agbaje defaults

Land Use Charge: Fashola insists Agbaje defaults

Governor Babatunde Fashola of Lagos State has reiterated his claim of subsisting default in 2009-2012, Land Use Charge payment of N1,629,064.62 by JayKay Pharmacy Limited, a company belonging to Peoples Democratic Party, PDP, Lagos governorship candidate, Mr. Jimi Agbaje.

Insurance commissioners and efforts to revamp the sector

Insurance commissioners and efforts to revamp the sector

The insurance industry in Nigeria is working hard to take its rightful place in the economy; as a result, all efforts are geared towards making the industry contribute meaningfully to the Gross Domestic Product (GDP) of the country.

Jonathan cancels presidential rally in Damaturu

Jonathan cancels presidential rally in Damaturu

The presidential Rally of the Peoples Democratic Party scheduled to hold in Damaturu, Yobe state has been cancelled. Gen Muhammadu Buhari of the APC also cancelled his scheduled campaign trip to Maiduguri for undisclosed reasons without making his new date for the trip public.

Attacks on Buhari wicked, disparaging  — Ideh

Attacks on Buhari wicked, disparaging — Ideh

LAGOS — A chieftain of the All Progressives Congress, APC, and political leader in Itsekiri nation, Dr Alex Tosan Ideh, has described attacks on the Presidential candidate of the party, General Muhammadu Buhari, by the Peoples Democratic Party, PDP, as wicked, misleading and disparaging.

JUSUN STRIKE: Normalcy returns to Lagos courts

JUSUN STRIKE: Normalcy returns to Lagos courts

Lagos State High Courts and Magistrate Courts would today return to normalcy following the branch of the Judiciary Staff Union of Nigeria (JUSUN) suspension of its four weeks old strike.

Filing returns based on self assessment regime

Filing returns based on self assessment regime

Where a taxpayer, agent or employer fails to file the tax returns for an accounting period after the time extended by the Service, the taxpayer, agent or employer shall be liable to pay prescribed penalties for late filing of returns from the due date of filing.

Anioma monarchs lobby Urhobo colleagues for Okowa

Anioma monarchs lobby Urhobo colleagues for Okowa

TRADITIONAL rulers from Delta North senatorial district (Anioma) in Delta State, have met with royal fathers from Delta Central senatorial district (Urhobo) to seek the support of Urhobo ethnic group for Senator Ifeanyi Okowa, the Peoples Democratic Party, PDP governorship candidate in the state

Court stops Ebonyi N15bn bond application

Court stops Ebonyi N15bn bond application

THE Government of Ebonyi State led by Martins Elechi, weekend, suffered a major setback, as a Federal High Court sitting in Lagos, restrained the Security and Exchange Commission and Nigerian Stock Exchange, NSE, from approving a N15 billion bond application by the government.