Airtel Africa, a leading provider of telecommunications and mobile money services with a presence in 14 countries across Africa announced yesterday its title sponsorship of The Voice Africa at a high-profile event in Lagos, Nigeria. The Voice is the number one competition format music and entertainment show in the world,[Read More…]
Author: Godwin Anyebe
WIMBIZ Announces Advocacy Program and Initiative
Women in Management, Business and Public Service (WIMBIZ), a Nigerian non-profit organization that seeks to inspire, empower, advocate, and connect women, has announced the take-off of its Women advocacy program. WIMBIZ has inaugurated a committee to plan and execute advocacy programs on its behalf.Drawing on its extensive women’s community-building history,the[Read More…]
FG Earmarks N30bn For Nigeria Air, New Projects
The Federal Government has earmarked the sum of N29.87bn as working capital for the proposed national carrier – Nigeria Air, and for 46 new projects in the aviation sector. An analysis of the 2023 budget presented to the National Assembly by President Muhammadu Buhari showed the amount allocated for the[Read More…]
Reps, Senators Face Probe Over Illegal Budget Passage
The House of Representatives’ Committee on Public Accounts has confirmed the allegation by President Muhammadu Buhari that some committees of the National Assembly are passing budgets for ministries, departments and agencies of the Federal Government illegally. It was reliably gathered recently that the committee, after making the discovery, wrote to[Read More…]
Finance Minister Insists on more Taxes to Reduce Nigeria’s Debt Burden
The Minister of Finance, Budget and National Planning, Mrs Zainab Ahmed, has insisted that only the collection of more taxes and effective blocking of revenue leakages were realistic measures that would drastically cut borrowings and reduce the nation’s high debt burden. Ahmed stated this at a workshop on tax expenditure[Read More…]
Next Govt To Inherit $716m Judgment Debts’
The Presidency of Muhammadu Buhari may pass on at least $715.86m judgment debts to the next administration. The judgment debts were listed as 18 promissory notes in a document titled, ‘Schedule of Promissory Notes Issued by Category as at March 2022’ by the Debt Management Office. According to Investopedia.com, a[Read More…]
IMF, World Bank to Assess Nigeria’s Debt Sustainability
The President of the World Bank Group, David Malpass, has said that the bank will work with the International Monetary Fund to assess Nigeria’s debt sustainability. Malpass said this during the 2022 annual meetings opening press conference in Washington, D.C. recently. He said, “We will work with the IMF on[Read More…]
ARCON Reforms: Is ADVAN in love with the industry’s status quo?
More than ten years ago, Dr. Daniel Olukoya, Founder of the Mountain of Fires and Miracles Ministries wrote a book he boldly titled, ‘SLAVES WHO LOVE THEIR CHAINS’. As if to buttress the paradoxical titled, he added an even more puzzling subtitle; “…shall remain in their bondage.” The book’s title[Read More…]
Junior Achievement Nigeria’s Annual Flagship National Company of the Year Competition in Partnership with FirstBank to hold October 13th, 2022
First Bank of Nigeria Limited has partnered with Junior Achievement Nigeria to implement the 22nd National Company of the Year (NCOY) competition which will be held on Thursday, 13th October 2022. The annual flagship event which was last held physically in 2019 will bring together 12 winning student companies from[Read More…]
Budget Deficit: IMF Urges FG to Increase Tax
In order to meet its budgetary deficit obligations, the International Monetary Fund (IMF) has advised the Federal Government to increase domestic revenue through taxation. The IMF made the appeal in its briefings at the launch of the Global Financial stability Report with the theme “Navigating the High-Inflation Environment”. The Global[Read More…]
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FG Revenue Rises 76% to N12.5tn, Fueled by Tax and Oil Gains — Budget Office
The Federal Government’s earnings have increased by 76 percent, rising from N7.1 trillion in 2022 to N12.5 trillion in 2023, due to higher taxes and oil revenues. This information was revealed in the recently released 2025-2027 Medium Term Expenditure Framework and Fiscal Strategy Paper from the Ministry of Budget and[Read More…]