Category: Business

JUST IN: e-Naira becomes USSD enabled

Emporium Reporters

The Central Bank of Nigeria (CBN), has announced that starting from next week, Nigerians will be able to open an eNaira wallet and conduct transactions by simply using a designated USSD code on their mobile phones.   Godwin Emefiele, the governor of the apex bank, stated this at the Grand Finale of the 2022 eNaira Hackathon in Abuja.   According to Emefiele, “Nigerians, both banked and unbanked, will be able to open an eNaira wallet and conduct transactions by simply dialling *997 from their phones.   Meanwhile, to carry out…

Media Trust commends CAC on major reforms

Emporium Reporters

By YUSUF ABUBAKAR, Abuja         Media Trust Group has expressed optimism that the vision of the Corporate Affairs Commision (CAC) to become a world class companies registry will soon be realized considering the pace of transformation it is recently witnessing.   The Group Chief Executive Officer, Media Trust Limited, Mounir Haliru Gwarzo stated this today in Abuja during a courtesy call on the Registrar General/CEO of the CAC, Alhaji Garba Abubakar. Mounir Gwarzo noted with pleasure that the CAC was the only Government Agency operating a fully…

Kogi Govt, Chinese govt mull partnership in Nuclear Energy and other ventures. …as Gov. Bello receives Chinese Ambassador to Nigeria

Emporium Reporters

China’s Ambassador to Nigeria, Mr Qui Jian Chun has expressed that his country was passionate about exploring viable areas of partnership, keenly amongst which was interest in Nuclear Energy in Nigeria and more specifically Kogi state. Mr Chun noted that his key interest as the Ambassador was to facilitate china’s investment and also utilize China’s technology for the benefit of Nigeria and certain states like Kogi, opining that Nuclear Energy would further attract investment to the state, improve its infrastructure, tax revenue, job creation and attract vast social economic developments.…

CAC Registrar-General mulls Multi-Sectoral Partnerships with Tax Authorities.

Emporium Reporters

The Registrar General/CEO, Corporate Affairs Commission (CAC), Alhaji Garba Abubakar has expressed optimism that effective collaboration with tax authorities particularly the joint tax board JTB has huge potential to boost Government revenue as well as reduce corruption in the society . Alhaji Garba Abubakar stated this in a statement released by the Head Media of the commission, Rasheed Mahe at a Multi- Stakeholder Consultation on Nigeria’s Beneficial Ownership Register held in Abuja. The Registrar General recalled that the beneficial ownership idea was conceived fifteen years ago after the 911 attack…

5 Apps Fraudsters Use To Send You Fake Banks Alert How To Detect Them

Emporium Reporters

Losing money, especially to fraud, hurts. It hits differently when they lose their money through fake bank alerts. That means someone played on their intelligence and stole from them. That hurts. Here are a few pointers to note to avoid being a victim of fake bank alerts. The advent of a cashless policy is a good one. Cash-less Nigeria, according to Wikipedia, is a policy established in the year 2012 by the Central Bank of Nigeria to curb excesses in the handling of cash in the Nigerian federation. It prescribed…

Niger Govt,Turkey to kick-start bilateral relationship, ….. As Gov Sani Bello meets Turkey Businessmen

Emporium Reporters

Niger State government has said that the state will soon benefit from one of Governor Abubakar Sani Bello’s investment drives as the Governor held a business meeting with Turkey Businessmen to kick-start a bilateral relationship. The meeting held in Abuja, came after the Mayor of Sakarya Province, Turkey, Mr Ekrem Yuce led the Turkish Investors’ trip to the Garam Industrial Park, Tafa Local Government Area of Niger State. The bilateral relationship between Niger State government and the Turkish businessmen is majorly in the area of agro-allied businesses. Recall that Governor…

Osinbajo, Dangote, others hail Gov Sule’s commitment to industrialize Nasarawa State

Emporium Reporters

Vice President, Professor Yemi Osinbajo has commended Nasarawa State Governor, Engineer Abdullahi Sule for his vision and unshaken political will, to rapidly industrialize the state. The Vice President made the commendation while delivering his keynote address during the opening ceremony of the two-day Nasarawa Investment Summit 2020, held at the late Aliyu Akwe Doma Bequeath Hall, on Wednesday. While acknowledging the theme of the summit, “Nasarawa Diamond in the Rough”, Osinbajo noted that Nasarawa State has tremendous potentials especially in agriculture and mining that would however require polishing in order…

NCC, FIRS inaugurate Joint Committee to boost National Revenues in Telecoms Sector

Emporium Reporters

The Nigerian Communications Commission (NCC) and the Federal Inland Revenue Service (FIRS) have taken their collaboration a notch further by setting up a Joint Committee of senior and management staff of the two agencies towards the implementation of inter-agency strategies for enhancing national revenues in the telecommunications sector. The NCC’s Executive Commissioner, Stakeholder Management, Adeleke Adewolu, inaugurated the 17-member committee on behalf of the Commission’s Executive Vice Chairman, Prof. Umar Danbatta, and the Executive Chairman of the FIRS, Mr. Muhammad Nami, at the NCC’s Board Room in Abuja on Tuesday,…

We’re ready, prepared to host inaugural investment summit – Gov Sule

Emporium Reporters

Nasarawa State Governor, Engineer Abdullahi Sule, has said the state is ready and prepared to host its inaugural investment summit scheduled for tomorrow and next.   Engineer Sule stated this on Tuesday, shortly after inspecting the Lafia airport ahead of the arrival of the former Ghanian president, John Dramani Mahama.   Dramani is expected to fly into Lafia, the Nasarawa State capital later in the day.   Chatting with the Government House press crew shortly after inspecting the airport, Engineer Sule emphasized that his administration was ready to host the…