Stockbrokers have expressed oncern over the operational guideline of the proposed Asset Management Company (AMC) now that it has been endorsed by the National Assembly.

The increase in both corporate and social events like corporate luncheon, weddings and parties, has led to the boom of party support services providers such that a lot of employment opportunities are being generated leading to increase in the Gross Domestic Product (GDP).

Mr Partick Iroro, Tax Controller at the Adeoyo Integrated Tax Office of the FIRS in Ibadan, has recommended
jail term for tax evaders. Iroro offered the suggestion in an interview with the News Agency of Nigeria (NAN) in Ibadan on Thursday.

The Bank of Industry (BOI) has given loans totalling N16 billion to various cooperative groups across the country for onward disbursement among their members to fund Small and Medium Entreprises sub-sector.

HEALTHCARE products manufacturering giant, Glaxosmithkline Consumer, GSK, Plc, is set to launch Horlick, a powdered beverage product into the Nigerian market.

Spain provides a sterling example of how it can be done right. Through the 1990s, the Spanish government pursued a radical reforms programme, easing corporate taxes and regularising labour laws.

Last week, the Nigeria Deposit Insurance Corporation (NDIC) held a training programme for its examiners on risk based supervision.

Before now, former President Olusegun Obasanjo had described Lagos as a jungle city. Expectedly, the comment drew instant bitter criticisms from leaders of thought in the state, especially as it painted a picture that the state government, led by Asiwaju Bola Tinubu, was not performing.

The Nigerian Communications Commission (NCC) has warned telecom operators against charging premium rates for non-premium services. NCC’s Head of Media and Public Relations, Mr Ruben Muoka, said in a statement in Abuja on Friday that the commission had also directed telecom operators to stop further lottery-related activities. He said the directive was premised on the statutory responsibility of NCC to protect the interest of consumers against unfair practices.

Nigerians maybe forgiven if they do not know that the cumulative effects of the policies of the Central Bank and the Ministry of Finance (MOF) are generally responsible for the level of economic growth and price stability in the country.

Advertising stakeholders have agreed that no member of the tripod of the Client, Agency and Media can succeed without the other and as such should meet within a frequency to review industry challenges and map out strategies for solving them, as it calls for expansion of Heads of Advertising Sectoral Group (HASG).

Over some decades, the Miss Nigeria pageant had been rested, but today, from what is gathered fromMrs.Nike Oshinowo Soneye, Chief Executive/Creative Director of AOE Events & Entertainment, and a former Miss Nigeria, said the pageant is taking a new return.

Union Registrars Company Limited, a subsidiary of Union Bank of Nigeria PLC, has earmarked the sum of N720 million as dividend payment to its shareholders and a bonus issue of one new share for every 10 ordinary shares held at the close of register of members.

Etisalat Nigeria said it is extending its ongoing per second promo to more of its subscribers across Nigeria as subscribers in states in the north east part of the country can now enjoy the discounted tariff.

FOLLOWING the huge sums spent on the bridging of petroleum products through the Petroleum Equalisation Fund (PEF), the Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture (NACCIMA) has urged the federal government to scrape the PEF as the chamber is bothered by the horrendous cost of operating the system.