Business

Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU

Cardoso, Oyedele sign Monetary-Fiscal policy coordination MOU

By Emma Ujah, Abuja Bureau Chief The Central Bank of Nigeria (CBN) and the Federal Ministry of Finance have signed a Memorandum of Understanding (MOU) on Monetary-Fiscal Policy Coordination to strengthen their partnership in the pursuit of stronger macroeconomic management, lasting economic stability and sustainable prosperity for all Nigerians. The Governor of the CBN, Mr. […]
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IoD laments high cost of doing business in Nigeria

IoD laments high cost of doing business in Nigeria

The Institute of Directors, IoD, has lamented the high cost of do-ing business in Nigeria, saying it has brought to the fore the need to reposition Nigeria to make it competitive in the global economic landscape.

What you should know about Personal Income Tax (2)

What you should know about Personal Income Tax (2)

A self-employed person either calculates his tax based on all his sources of income or having been assessed by the relevant tax authority makes payment as may be prescribed the tax authority.

The ability of insurers to pay claims is not in doubt – NAICOM boss

The ability of insurers to pay claims is not in doubt – NAICOM boss

Commissioner for Insurance, Mr. Fola Daniel, in this interview with Favour Nnabugwu says that the present day insurance companies’ abilities to settle claims is competitive to rank among the top notch companies in Africa. Daniel says the nation’s insurance sector premium rates are not regulated hence cannot be deregulated.

Edo, firm sign MoU on 10,000 units shopping malls

Edo, firm sign MoU on 10,000 units shopping malls

EDO State Government has signed a Memorandum of Understanding, MoU, with Prane Business Integrated Limited to build and transfer 10,000 units of shopping malls in Uteh community in Benin City, capable of generating over 30,000 employment opportunities in the state.

BDAN seeks strategic partnership with CBN, NDIC on reforms

BDAN seeks strategic partnership with CBN, NDIC on reforms

The Bank Directors Association of Nigeria (BDAN) has offered to work with the Central Bank of Nigeria (CBN) and Nigeria Deposit Insurance Corporation in a strategic partnership for the implementation of reforms in the banking sector.