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By Aduragbemi Omiyale A workshop designed to educate investors, especially those in the retail end of the curve, on how they can improve corporate governance has been organised by the Nigerian Exchange Regulation (NGX RegCo) Limited. The two-day event, which took place on Thursday, November 23, and Friday, November 24, 2023, was themed Rights and Responsibilities of Shareholders in Driving Corporate Governance. According to the NGX RegCo, the seminar was designed to promote a transparent and fair market, with participants agreeing that all hands must be on deck to sanitize the market and bring the boards and management of listed

By Aduragbemi Omiyale President Bola Tinubu has said the 2024 budget presented to the joint session of the National Assembly on Wednesday was designed to achieve macroeconomic stability, a better investment environment, greater access to social security, poverty reduction and enhanced human capital development. According to him, if these goals are achieved, the standard of living of Nigerians will improve and the citizens will enjoy the dividends of democracy. While presenting the 2024 Appropriation Bills to the parliament yesterday, the President said this was why he christened the budget proposal as the Budget of Renewed Hope. Mr Tinubu told the

By Modupe Gbadeyanka The chairman of the Federal Inland Revenue Service (FIRS), Mr Zacch Adedeji, has asked his counterpart in the Economic and Financial Crimes Commission (EFCC), Mr Ola Olukoyede, to support his agency to achieve the Renewed Hope Agenda of President Bola Tinubu, who appointed both of them. Speaking during a courtesy visit to the headquarters of the anti-money laundering firm, Mr Adedeji said the EFCC has a role in ensuring that taxpayers’ funds are “judiciously utilised in line with the social contract with the people.” He assured that the FIRS would continue to strive to raise the revenue

By Adedapo Adesanya The NASD Over-the-Counter (OTC) Securities Exchange closed the last trading day of the week flat. The market also ended the day with no single price gainer or loser. At the session, the NASD Unlisted Security Index (NSI) remained at 698.22 points, while the market capitalisation stayed at N512.89 billion. A total of 55,100 shares were transacted at the exchange yesterday. However, this was lower than the 2.99 million units recorded at Thursday’s session by 98 percent. There was also a drop in the total value of stocks traded at the NASD Exchange on Friday. Shares valued at

By Nneka Okumazie What should the General Overseer of the Redeemed Christian Church of God (RCCG), Pastor Enoch Adejare Adeboye, have done differently that alone would have brought about development in Nigeria or improved the current situation of the country? In what Nigeria has become, what is his exact share of the problem? What particular problem in Nigeria is just because of Pastor Adeboye, and without him, would not have existed? Anything that worked in Nigeria did because there were several other factors involved, whatever failed in Nigeria did because there are countless other factors. The country has been perennially

By Modupe Gbadeyanka In the month of March 2020, the government of Bayelsa State increased its Internally Generated Revenue (IGR) to N1.2 billion from N848.9 million achieved in February 2020. At a briefing over the weekend, the Technical Adviser to the Governor on Treasury, Account and Revenue, Mr Timipre Seipulou, stated that in the month under review, the gross inflow was N12.8 billion, while total deductions from the Federation Accounts Allocation Committee (FAAC) stood at about N1.5 billion leaving a net balance of N11.3 billion. According to him, from the N848.9 million IGR in February, funds from other sources came

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By Dipo Olowookere Acting President, Mr Yemi Osinbajo, has expressed Federal Government’s determination to now concentrate on agriculture and food security, energy, (power and petroleum), industrialization and transport infrastructure in the next two years. Mr Osinbajo made this disclosure on Tuesday at the commissioning of the N10 billion WACOT Rice Mill in Kebbi State. The Acting President noted that government will work closely with the private sector to bring development to the country and as well give them the necessary incentives and creating an enabling environment for them to invest and do business. He commended the TGI Group for supporting

By Jerome-Mario Utomi The current corruption commentaries coupled with the prevailing insecurity and harsh economic situation in the country, a state of depression (or is it a recession) that has been designed by yet to be established architects, takes me back, though with nostalgia, to a conversation I had with a friend amidst euphoria triggered by the declaration of the 2015 presidential election result. This friend of mine cautioned me with these few words; men will change their ruler expecting to fare better; this expectation induces them to take up arm against him, but they only deceive themselves, and they

By Nneka Okumazie There’s a good chance that in the next century, or just beyond, most of the knowledge agreed, about whom hunter-gatherers were, or were about would have changed. Not because scientists chose to be deliberately wrong, but because it is difficult to be certain of any measurement in retrospect. Fossil records or whatever else may seem like incontrovertible evidence, but the measure of their dating and characteristics aren’t. This is what we know based on what we used to check. What we know, or think we know and agree to – changes with new measures and evidence. So,

By Dipo Olowookere The Norwegian Refugee Council (NRC) has warned that repeated attacks against farmers risk aggravating the food crisis in Northeast Nigeria. In a statement issued today, the council said farmers must be protected so they can cultivate their lands and return to their families alive. NRC noted that it was horrified by the killing of at least 12 farmers in Kalle village, Borno State, Northeast Nigeria over the weekend. “The level of violence registered lately in Northeast Nigeria is alarming. Farmers have been easy targets. These attacks risk making people too afraid to cultivate their land and may