Guess who is dollarising the economy!

“….The committee observed that its previous decisions needed time for their effects to fully permeate the economy and therefore “all eleven members unanimously” voted to maintain the current position!! The above is a summary of the conclusion reached by the Central Bank of Nigeria’s Monetary Policy Committee (MPC) at its latest meeting held between 23-24th March, 2015. Incidentally, the MPC has the critical statutory responsibility for advising the CBN on an appropriate strategy for managing the supply of money at the optimal level that would progressively grow the economy.
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How to save more through electronic payment

Electronic payment solutions provider, Remita has offered new ways to improve efficiency, and save more money through electronic payment. At a breakfast meeting titled: ‘Declining revenues – time for new ideas’ Remita said given the declining revenues confronting the nation and disrupting operations and targets of some businesses, it has become imperative for businesses to begin to think of new ways of improving efficiency by curtailing wastes through electronic payments.

Every woman must have at least one skill – Joy Okolie

“Presently, we are into skills acquisition programmes where I train women in bead-making, hat-making, ankara shoes and bags, twine bags, shoes, tailoring, hairdressing etc. We organise talk shows where we talk to women on the importance of skills, why it is necessary for every woman to have at least one skill that she can always fall back on. I really look forward to expanding my business, to have a training centre where people can come in any time for training and you just pay a token. We try to make our training affordable,” she said.

FG projects N14 trillion for Nigeria aviation sector

The Federal Government has projected about N14 trillion investment plan to develop the country’s aviation industry in the short, medium and long term as part of measures to develop the sector to compete with other countries in passenger growth and also contribute to the Gross Domestic Product (GDP). The investment portfolio of USD 62 billion, (about N15 trillion), the Minister of Aviation, Mr. Osita Chidoka said is attainable because Nigeria was strategically located from where airlines can easily connect with other African countries, Europe and the Middle East as its population size and demography is a huge asset.

Emerhor tasks INEC on election results

ALL Progressives Congress, APC, governorship candidate in Delta State, Olorogun O’tega Emerhor, has called on the chairman of the Independent National Electoral Commission, INEC, Prof. Attahiru Jega to cancel results in all electoral units where original copies of INEC result sheets were missing before voters exercised their franchise.

‘Brands are created to satisfy an identified market’

Looking at Nigeria’s marketing environment, one can say without any equanimity that branding efforts by most organizations are not yet it for now. In this area, I want to categorize businesses in Nigeria in to two – the indigenous and multinational businesses. For the multinationals, one can say they are trying as they are marketing driven. They have supported their businesses with good branding efforts.

10 technology trends to watch in Africa in 2015

From smartphones to cargo drones, technology has the potential to transform the future of Africa. These 10 trends show how innovation can ripple through societies, boost economies and help the continent skip over development hurdles.

ITF trains 74,000 youths in technical, vocational Skills

The Industrial Training Fund (ITF), has trained 74, 000 young Nigerians in different technical and vocational skills, said Director General, Mrs. Juliet Chukkas Onaeko. Speaking at a stakeholders’ engagement forum in Lagos, themed: “Zero Oil Policy and Economic Growth: The ITF Perspective,” Onaeko said that the training programme was ongoing. According to her “So far, 74, 000 young Nigerians have been trained in different technical and vocational trade areas. Some of the trainee secured employment immediately after completion of their training, while a large number of them have established businesses of their own and are doing well.”

E-Taxpay Payment…Promoting Transparency in tax payment system

Electronic-Taxpay is an online self-service tax payment system which gives taxpayers the opportunity to pay their taxes through their banks’ online payment portals. It is an initiative of FIRS in collaboration with Nigerian Interbank Settlement System (NIBSS). It is meant to facilitate payments of taxes from the comfort of taxpayers’ offices or homes. Taxpayers can pay using the electronic channels provided by their banks such as the banks’ internet banking platform, branches and mobile banking platforms.

APC wants Anambra elections cancelled

The All Progressives Congress, APC, in Anambra State last night demanded the cancellation of Saturday’s presidential and national assembly elections to make room for the use of card readers in conducting the exercise.

Umeh, Ndukwe flay card readers’ malfunction during polls

Two All Progressives Grand Alliance, APGA, senatorial candidates for Anambra South and Central senatorial zones, Chief Dr. Ernest Ndukwe and Chief Victor Umeh, have described as an embarrassment the malfunction of the card reader in last weekend’s presidential and the National Assembly elections in some states of the federation.

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