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The FG, States and LGCs share N693.529 billion for the month of September 2019

By Victor Akaa, Abuja The Federal Account Allocation Committee (FAAC), at its meeting in Abuja, shared to the Federal Government, States and Local Government Councils a sum total of  N693.529 billion as federal allocation for the month of September 2019. From this amount, inclusive of VAT and Exchange Gain, the Federal Government received N293.801 billon, […]

PenCom to hold conference for company directors

In a bid to foster a sound pension industry anchored on good corporate governance that is consistent with international best practices, the National Pension Commission (PenCom) is convening a conference for directors of licensed Pension Operators to promote capacity building and institutional strengthening of the operators. According to a statement issued by PenCom , the conference […]

Customs collect N5bn daily during border closure –Ali

The Comptroller-General of the Nigeria Customs Service, Hameed Ali, on Wednesday, told the National Assembly members that the agency had been raking in between N4.7bn and N5.8bn since the Federal Government closed the nation’s borders. Ali stated this when he appeared before the Senate and House of Representatives joint committees on Finance and National Planning, […]

How rates’ unification will enhance transparency, attract FDI

Experts in the financial services sector have renewed calls for a speedy unification of the nation’s exchange rate, as a way to enhance market transparency and attract more Foreign Direct Investment (FDI) into the country. The experts, who spoke in an interview with The Guardian, at the weekend, insisted that once there is transparency in […]

World Bank Team visits GIN, expresses support to the Institute

2019 AITF extended to 2nd October

The on-going 2019 Abuja International Trade Fair (2019AITF) organised by the Abuja Chamber of Commerce and Industry (ACCI) has been extended to Wednesday, 2nd October. According to a statement from ACCI which was jointly signed by the Chairman of the planning Committee, Dr. Johnson Anene and the Director General, Tonia Shoyele, the extension became necessary […]