Business

Obaseki’s Reforms: Ondo Delegates Visit Edo, Understudy Revenue Collection, Generation Model

    Efforts by the Governor Godwin Obaseki-led administration to reform and optimise tax administration in Edo State has been hailed by the Ondo State Government, who embarked on a two-day study visit to Edo State Internal Revenue Service (EIRS) to understudy its seamless revenue administration system. Receiving the tax experts in Benin City, EIRS […]

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Obaseki, Firm Sign Agreement On Realization Of Edo Inland Dry Port

    …As Project Reaches 70% Completion   The Edo State Governor, Mr. Godwin Obaseki, has signed a Joint Venture Agreement (JVA) with promoters of the Edo Inland Dry Port, Atlantique Marine Engineering Services, formalising the framework as equity owners for the investment, on behalf of Edo people. With the agreement, Edo citizens are now […]


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Dawit Lemma Appointed IS-BAH Standards Board Member  

          …Becomes First African Representative     Founder & Chief Executive Officer(CEO) of Krimson Aviation, Dawit Lemma has been appointed into the prestigious International Standards for Business Aircraft Handling (IS-BAH) Board. Krimson Aviation is the Addis Ababa-based flight support, charter, leasing, MRO solutions and aviation consultancy firm. The IS-BAH Standards Board […]


Why Cement Prices Are Going Up–Dangote

  …Lists Measures To Tame Prices   Dangote Cement Plc may have stepped up its expansion programme in response to the recent developments in the cement market in Nigeria. According to Vanguard, the development may have also forced the dominant player in the market to consider halting its export programme. Speaking to the media yesterday […]


CBN Sacks First Bank Directors

      …Reinstates Adeduntan As MD/CEO   …Says Directors’ Action An Affront     The Central Bank of Nigeria(CBN, the apex regulator of the banking sector today sacked  the entire members of the board of First Bank Nigeria Ltd and First Bank of Nigeria Holdings Plc. The apex body had earlier queried the Board […]


Edojobs, German Devt. Agency Train 100 Youths On Leather Production

  The Edo State Skills Development Agency (EdoJobs) in collaboration with German development agency, Deutsche Gesellschaft für Internationale Zusammenarbeit GmbH (GIZ) has trained and graduated 100 youths on the production of leather products. The intensive workshop, which lasted for over three months, engaged the youths in the area of manufacturing handbags, shoes, belt, wallets and […]


Edo State Trains 200 Tax Managers To Revolutionise Revenue Collection, Tax Administration

  The Edo State Governor, Mr. Godwin Obaseki has said that the state government is determined to revolutionise the state’s tax administration and improve its revenue generation systems so as to ensure the delivery of the government’s promise of making Edo great again. Obaseki disclosed this during the flag-off of a 5-day training workshop for […]


FG Lifts Suspension On New SIM Card Registration

  The Federal Government has approved the activation of new SIM card registration with mandatory National Identity Number(NIN) linking beginning from April 19, 2021. The Technical Assistant ,Information Technology to the Minister of Communications and Digital Economy, Dr Femi Adeluyi made this known in statement today. He said that in accordance with the provisions of […]


Nigeria’s Access Bank Acquires Controlling Share In South Africa’s Grobank

    Nigeria’s biggest lender Access Bank has acquired a controlling stake in South Africa’s Grobank for about $60 million and will shore up the bank’s capital. With this development, Access Bank becomes the the first Nigerian lender to venture into South Africa, according to the Chief Executive Officer of the bank, Herbert Wigwe. Wigwe […]


CBN, Others Approve Acquisition Of South African Bank, Grobank Limited By Access Bank

      One of the leading commercial banks;Access Bank Plc has said that it has been given approvals by the regulators in South Africa and the Central Bank of Nigeria (CBN), which regulates the sector in the Nigeria to acquire a new bank. With these approvals Access Bank plans to have controlling share in […]