African Export-Import Bank (Afreximbank) and Standard Chartered today announced an agreement for Standard Chartered to provide USD 200m of not-for-profit funding towards Afreximbank’s structured framework to help finance the acquisition of COVID-19 vaccines for African nations. The collaboration between Standard Chartered and Afreximbank will help ensure that 55 countries across...
Executive Chairman, Federal Inland Revenue Service (FIRS), Muhammad Nami, has urged the Kano business community and other taxpayers in the country to continue to take advantage of cutting-edge technologies the Service has deployed recently to pay their taxes as and when due. Nami also charged members of staff of the...
African Export-Import Bank (Afreximbank) has announced its support for the first ever memorandum of understanding (MoU) on trade collaboration between the Governments of Malawi and South Sudan. The Bank will provide financial backing and payment instruments to facilitate trade of agricultural commodities and essential consumer goods between the two...
The Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has called on the Institute of Chartered Accountants of Nigeria (ICAN) to include courses on the deposit insurance system (DIS) into the Institute’s programs and modules to deepen the understanding of the scheme within the...
The FIRS has appointed some commercial banks as agents to recover the sum of N1.8 trillion from accounts of Messrs MultiChoice Nigeria Limited (MCN) And MultiChoice Africa (MCA). This was contained in a statement signed by the Executive Chairman, Muhammad Nami. The statement confirmed that the decision to appoint the banks...
The Federal Treasury Academy (FTA) is soon to award government approved, widely acceptable Diploma in public finance management. To ensure this vision becomes a reality, the Office of the Accountant General of the Federation is undertaking a wide-range of activities and consultations to obtain the necessary legal backing and approvals...
The Federal Inland Revenue Service has raked in over N650 billion in June 2021, the highest revenue realized in a single month since the COVID-19 pandemic started and the assumption of office of the current management. Executive Chairman, Mr Muhammad Nami, disclosed this in a statement made available to the...
The Managing Director/Chief Executive Officer of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan has expressed the readiness of the Corporation to partner with the Bureau of Public Service Reforms (BPSR) towards enhancing innovation in the delivery of services to depositors and its other stakeholders. NDIC MD/CE made this...
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has pledged the Bank’s readiness to increase its development finance interventions to further support start-ups and Small and Medium Enterprises (SMEs) in the country. Mr. Emefiele made the pledge while delivering the 51st Convocation Lecture of the University of Lagos,...
The second Intra-African Trade Fair (IATF2021) has been rescheduled to take place in Durban, KwaZulu-Natal, South Africa from 15 to 21 November 2021. The Trade Fair was previously due to be held in Kigali, Rwanda from 8 to 14 December 2021. The decision to move the Trade Fair to Durban...