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CAC now registers companies in 48 hours

The days required for registration of new businesses in Nigeria by the Corporate Affairs Commission, CAC, has been reduced from 10 to 2, courtesy of a reform agenda of the Buhari administration. Besides, there is also now a 24-hour timeline for company registration from when application form is completed and all required documents made available. VP Osinbajo Also, prospective business …

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Ensure success of mobile money, Ericsson tells CBN, telcos

…says scheme will reduce incidence of frauds The  President and Managing Director, Ericsson Nigeria, Rutger Reman has urged  stakeholders in the Nigerian  information communications , ICT,  ecosystem  to  ensure the success of mobile money in the country. Reman who spoke on Digitalising Nigeria: The Role of Ericsson in Lagos recently soon after he resumed as the new MD   noted that …

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’How Buhari’s ERGP can bring 15 million jobs, single-digit inflation’

….Nigeria out of Economic Recession! …..The World Economy declaration based on market growth index – Prof. Ajakaiye, NES President By Udeme Clement Olu Ajakaiye, a professor of economics and the President, Nigeria Economic Society (NES), speaks, in this interview, on the Economic Recovery and Growth Plan (ERGP) 2017-2020 unveiled by President Muhammadu Buhari, and how the plan can be fully …

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FirstBank revamps FirstMobile app for easy operation

As part of its drive to leverage evolving technology in providing cutting-edge banking services to its customers, FirstBank has revamped its mobile banking application – FirstMobile to boost convenience and ease of banking as well as enhance customers’ digital banking experience. According to the management source, the bank recently increased its maximum daily limit to N500,000.00 without the use of …

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SGF: Lawal’s road to trouble

He is famed as BD Lawal and until recently, one of the untouchables in the Muhammadu Buhari administration. Lawal an unabashed loyalist of Buhari plays the politics of Buhari and has consistently followed the president in all his political journeys. Secretary to the Government of the Federation, SGF, Engineer David Babachir Lawal, THE journey culminating in Wednesday’s suspension of the …

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World Bank cautions Nigeria against over-borrowing

Africa to grow at 2.6 % this year Nigeria, S-Africa, Angola still largest economies 66% of Nigeria’s tax revenues goes to debt servicing —IMF By Emma Ujah, Abuja Bureau Chief ABUJA — The World Bank has cautioned Nigeria and other African nations against excessive debts, urging a balance between massive spending for development on the one hand and moderation in …

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N1.68bn pension deduction: Tension in Kwara ahead of S/Court ruling

By Demola Akinyemi AHEAD of Supreme Court judgment on the   N1.68billion perceived illegal deductions of the pensioners by the state government, on April 27, 2017, tension has gripped stakeholders and other citizens of the state. Since the year 2009,the Pensioners under  the aegis of Concerned Pensioners in Kwara State, which claimed to have more than 90% of the support of …

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