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NDIC Hosts International Virtual Conference

NDIC Hosts International Virtual Conference The Nigeria Deposit Insurance Corporation (NDIC) has taken the front seat in the international finance community to drive public discourse on the impact, risks, challenges and opportunities of Financial Technology (FINTECH) by organising a two-day Virtual International Conference with the...

Oil Price Rises To $43

Oil Price Rises To $43       Oil gained more than one per cent on Tuesday on the prospect the United States nearing a deal on coronavirus relief, but the threat to demand from rising COVID-19 cases worldwide and increased Libyan output kept prices from moving higher. Reuters...

FRC To Ensure Compliance With IFRS 17 In 2023

FRC To Ensure Compliance With IFRS 17 In 2023       The Financial Reporting Council has said it is getting its constituents ready for IFRS 17 which will be effective for annual periods beginning on or after January 1, 2023. A statement on Tuesday titled, ‘Stakeholders interactive forum...

Despite Suspension, FG Pegs N1bn For National Carrier

Despite Suspension, FG Pegs N1bn For National Carrier         The Federal Government is to spend N1 billion on working capital for the yet to be established national carrier, according to the details of the 2021 appropriation bill. Since 2019, budgetary provision has been made for the national...

Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna

Group Cautions FG Over Acclaimed $1.5bn Steel Plant Investment In Kaduna         The federal government has been advised to embark on thorough verification of data of investment of foreign investors in the country to further ascertain the investment status of foreigners for proper planning. This is contained...

13,000 Anambra Artisans To Benefit From COVID-19 Grants

13,000 Anambra Artisans To Benefit From COVID-19 Grants         No fewer than 13,000 tailors and other artisans in Anambra State are to benefit from the Artisan and Transport Support Scheme of the Federal Government. Under the programme, each beneficiary would receive a grant of between N30,000 and...