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The Central Bank of Nigeria (CBN) has appointed KPMG LLP as transaction adviser for the newly-created Infrastructure Corporation of Nigeria Limited (InfraCorp).
Parma and Spezia have become the most recent Italian clubs to pass into US ownership with more than a quarter of Serie A outfits now in the hands of north American owners.
With a population of over 40 million people, the South West Gross Domestic Product (GDP) is estimated to be worth over $80 billion.
The federal government plans to hire an asset manager for its new Infrastructure Development Company (Infraco), designed to raise as much as N15 trillion ($36.7 billion) for infrastructural projects and to accelerate growth.
The Nigerian National Petroleum Corporation, (NNPC), has said that contrary to reports that it is owing the Federation Account the sum of N3.8 trillion, it is the Federation Account and Allocation Committee (FAAC) that’s owing it the sum of N787 billion from over draft.
The Minister of State for Petroleum Resources, Chief Timipre Sylva, says the upcoming integrated methanol and gas project would create 30, 000 direct and indirect jobs in the country.
Fidelity Bank Plc has started to raise N75 billion to support small and medium enterprises (SMEs), retail business as well as investments in technology and infrastructure. The financial institution is issuing N75 billion Series 1, 10 year Fixed Unsecured subordinated bonds under its N100 billion bond issuance programme. The offer opened on Monday December 7 and is expected to close on Monday December 14, 2020.
A statement issued by his son, Mr. Olumide Akande, on behalf of the family said he died in the early hours of Saturday following a brief illness.
Between 2004 and 2012, Ifueko Omogui Okauru led a revolutionary campaign in the Federal Inland Revenue Service (FIRS). Under her leadership during the period, FIRS witnessed extensive reforms and fundamental transformation.
Massive sums of allegedly dirty money have flowed for years through some of the world’s largest banking institutions, said an international journalism investigation published Sunday, which denounced shortcomings in sector regulations.
Accountancy giant Deloitte failed to properly audit the accounts of software giant Autonomy ahead of its 11 billion-dollar sale to Hewlett Packard almost a decade ago, the accounting regulator has found.
Mr. Alex A. Okoh, Director General of the Bureau of Public Enterprises (BPE), has assured workers of the Nigerian Postal Service (NIPOST) that the on-going reform of the postal service will not attract job losses or retrenchment but will rather create more jobs in the subsidiaries that would emerge after the reform.
First Bank of Nigeria Limited will this week hold a Business Clinic to promote the growth and sustainability of the educational sector, especially in the light of the coronavirus which is having an adverse effect on the operations of school across the world.
IBFD, the world’s foremost authority on cross-border taxation, has announced the appointment of Dr Oby Ezekwesili to its Board of Trustees, effective from 1 April 2020.
Two Australian universities severed ties with a charity founded by Prince Andrew Wednesday, after the British royal refused to recant his friendship with late sex offender Jeffrey Epstein.
There were indications at the weekend that the presidency may have tasked Senator Godswill Akpabio, Minister of Niger Delta Affairs, with securing the services of a reputable accounting and auditing firm to look into the accounts of the Niger Delta Development Commission (NDDC) between 2000 and 2018.
The Director General of the National Information and Technology Development Agency, NITDA, Kasheem Inuwa, says the digital economy when implemented will make Nigeria globally competitive.
First City Monument Bank (FCMB) has restated its commitment to attain the highest level of customer advocacy by leveraging on its solid business models, bespoke solutions, excellent service delivery, highly professional staff and technology to turn the aspirations of its customers to opportunities.
Governor Dapo Abiodun of Ogun State, weekend, said that when citizens begin to live in fear in their country or state, it will have adverse effect on the economy of the country.
In a move that gives credence and endorsement of the commitment of the Udom Emmanuel led administration in ensuring openness, transparency and accountability in budgeting and governance, the Akwa Ibom State Government has been ranked one of the best performing states in the 2020 sub-National Budget Transparency Survey.
Lagos State Government has inaugurated a six-member Governing Board for Alternative High School for Girls In Aboju area of the state.
Iran began enriching uranium to 60% purity in order to show its technical capacity after a sabotage attack at a nuclear plant, and the move is quickly reversible if the United States lifts sanctions, the Iranian government said on Tuesday.
The Director General of the National Agency for the Prohibition of Trafficking in Persons (NAPTIP), Imaan Sulaiman Ibrahim, has called for effective counter - Trafficking policies and ideas to tackle the manace of human trafficking.
A former Deputy Governor of the Central Bank of Nigeria (CBN), Prof. Kingsley Moghalu, has asked young people in Nigeria to actively participate in politics and help reshape the future of the country.
After the final whistle, Neymar was captured celebrating euphorically right in front of Bayern’s Kimmich, who had been vocal about his side’s ability to potentially overcome PSG ahead of the second leg despite their first-leg defeat, but the Brazil star has since insisted he was not trying to mock his opponent.
The National Bureau of Statistics disclosed in its report on ‘Internally Generated Revenue at state level for fourth quarter and full year 2020’.
Properties worth millions of naira were destroyed by a rainstorm in different parts of Ipetumodu, headquarters of Ife-North Local Government Area of Osun State at the weekend.
Kwara State Commissioner of Police and Comptroller, Nigeria Customs Service, Kwara State Command, Mohammed Bagega and Ahmed Bello, respectively, have made case for the revival of the decaying cultural values in Nigeria.
Jurgen Klopp launched an astonishing rant at Gary Neville for his comments about Liverpool’s European Super League plans.