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Naira hits all-time low of 543 against Dollar.
- September 9, 2021
- Posted by: admin
- Category: Digital Economy, Economy
No Comments
The naira on Thursday continued its downward spiral on the parallel market, selling for N543 to the dollar on Thursday. While bureau de change operators in Abuja bought dollar at N540, it was sold for N543. The British Pound was also sold for £1/N740. The development comes 44 days after the Central Bank of Nigeria
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FIRS writes National Assembly, seeks exclusive power on VAT
- September 9, 2021
- Posted by: admin
- Category: Digital Economy, Latest News
The Federal Inland Revenue Service, FIRS in a desperate bid to retain the collection of the Value Added Tax, has written the National Assembly, seeking the inclusion of VAT collection in the exclusive legislative list. The federal tax agency is also requesting the federal lawmakers to approve for it, the establishment of the Federal Revenue
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AfCFTA: Osinbajo Reveals Opportunities For Insurance Industry, Urges Operators To Take Advantage.
- September 9, 2021
- Posted by: admin
- Category: Digital Economy, Economy, Insurance & Pensions
The Vice President of Nigeria, Yemi Osinbajo has called on insurance operators in Nigeria to take advantage of the huge opportunities in the African Continental Free Trade Area (AfCFTA). Osinbajo who made the call virtually at the Gala Night for the installation of Mr. Tope Smart as the 47th African Insurance Organisation (AIO) stated that
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GDP rising, inflation falling, yet poverty worsening – Rewane Bismarck
- September 9, 2021
- Posted by: admin
- Category: Digital Economy, Economy
The Chief Executive Officer of Financial Derivatives Company Limited, Mr Bismarck Rewane, has said Nigeria’s Gross Domestic Product is rising and inflation rate is falling, but more people are living below the poverty line. Rewane, a member of the Presidential Economic Advisory Council, said this at this month’s edition of the LBS Breakfast Session in
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Legal committee shortlists 130 lawyers for SAN
- September 9, 2021
- Posted by: admin
- Category: Digital Economy
The Legal Practitioners Privileges Committee has shortlisted the names of 130 lawyers to be awarded with the rank of Senior Advocate of Nigeria. The LPPC listed the shortlisted candidates in newspaper publications on Wednesday.The acting Chief Registrar of the Supreme Court and Secretary of the LPPC, Haji Bello, stated that the successful candidates emerged from
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FG May Soon deploy 5G Networks In Nigeria.
- September 9, 2021
- Posted by: admin
- Category: Digital Economy, Latest News
Indications emerged in Abuja yesterday that the Federal Government may soon deploy the much awaited 5G networks into the Nigeria Digital Economy. Already, the Federal Government has approved a national policy on 5G networks for Nigeria’s digital economy. This was following a presentation by the Minister of Communications and Digital Economy, Isa Pantami, during a
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Tope Smart: A Quintessential leader Becomes 47th AIO President.
- September 9, 2021
- Posted by: admin
- Category: Insurance & Pensions
By Julius Elusakin The African Insurance Organisation held her 47th Conference and Annual General Assembly this week (4- 8 September 2021) in Lagos after the global pandemic denied one of the continental largest associations from holding the event in 2020. The Association which came into being in the year 1972 in Mauritius with the objectives
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How to Know When Someone is Stealing Your Electricity
- August 19, 2021
- Posted by: admin
- Category: Energy
Have you ever had your electricity units run out so fast that you were sure someone else was using them with you? Your hunch might just be right. About 40% of generated electricity in Nigeria is lost to electricity theft. So even if you may not be stealing electricity, someone else might be “tapping” from
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Hackers steal 40m people’s data from T-Mobile
- August 18, 2021
- Posted by: admin
- Category:
T-Mobile U.S. Inc on Wednesday reportedly said an investigation into a data breach revealed that personal data, including social security numbers of its more than 40 million former and prospective customers was stolen by hackers. The stolen files also included data from 7.8 million existing T-Mobile wireless customers, drivers licences of customers, dates of birth,
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Aviation Workers Call Airports Concession A Threat To National Security, Economic Terrorism
- August 17, 2021
- Posted by: admin
- Category: Economy, Marine & Aviation
Nigeria Aviation Workers under the umbrella of Air Transport Services Senior Staff Association of Nigeria (ATSSSAN), National Union of Air Transport Employees (NUATE) and the Nigerian Union of Pensioners (NUP) have described government planned Airports Concession as “Economic Terrorism” against the country. The groups which insisted that the Federal Airports Authority of Nigeria (FAAN) “must