Category: Business

SEC : We’re not against Unclaimed Dividends Trust Fund, But…..

Emporium Reporters

The Securities and Exchange Commission has stated that it was not against the proposal by the Federal Government to set up unclaimed dividends and balances trust fund. This was disclosed by the Head, Securities and Investments Services (SIS) Department, SEC Mr. Abdulkadir Abbas while making clarifications on the Commission’s presentation at the one (1) day Public Hearing on the Finance Bill, 2020 in Abuja. He said the Commission was requesting to be allowed to continue to constructively manage the issue of unclaimed dividends for the development of the nation’s capital…

Gov AbdulRazaq inaugurates council on MSMEs

Emporium Reporters

The Kwara state Government has given its full fledge support in ensuring that Micro Small and Medium Enterprise (MSMEs) strives across the state. Governor AbdulRahman AbdulRazaq who was represented by the Deputy Chief of Staff, Princess Bukola Babalola made the disclosure while inaugurating the state’s Council on the National Policy on Micro, Small and Medium Enterprise (MSMES) held at Kwara Hotel, ilorin. The Governor said “the state will continue to partner with the Small and Medium Enterprise Development Agency of Nigeria (SMEDAN) in creating job opportunities and alleviating poverty among…

Nigeria Mystery Shoppers provider berths Abuja.

Emporium Reporters

The challenges of poor service in Abuja has become unprecedented and alarming, customers seek for help every day to save the consumers initiatives, companies are also losing lots of money to poor services, most customers that experience inadequate services are sourcing for other places to buy their goods or services. www.mysteryshoppers.org.ng Nigeria mystery shoppers provider Abuja remain the best company in Abuja that provide professional service check. Nigeria mystery shoppers provider Abuja, a trademark of customer service awards limited has helped several companies to check their goods and services to…

Secure business interests of Nigerians to reciprocate FG’s gesture, Lawan tells South Africa

Emporium Reporters

President of the Senate, Ahmad Lawan, has told the South African authorities to reciprocate the Nigerian Government’s gesture by ensuring that the business interests of Nigerians in South Africa are secured. Lawan stated this when a three-man delegation led by the High Commissioner of South Africa to Nigeria, Mr. Thamsanga Dennis Mseleku, paid a visit to his office on Thursday in Abuja. Other members on the visiting delegation included: Mr. Bobby J. Moroe, Minister Plenipotentiary; and Ms. Boipelo Lefatshe, First Secretary Political. According to the Senate President, efforts by both…

COVID-19: AWEP To Promote Business Growth, Increase Trade

Emporium Reporters

The African Women Entrepreneurship Programme (AWEP) Nigeria chapter has reiterated the commitment of the organisation to promote business growth, increase trade by creating better business environments and empower Nigerian women entrepreneurs amidst the effect of COVID-19 in the country. A statement made available to Journalists yesterday in Abuja, the national president, AWEP, Mrs Angela Ajala, said such efforts to promote business growth will be achieved via providing technical and financial training, export training, mentorship and access to finance through several business partners and a clear path to local and international…

FG to slash levy on imported cars from 35% to 5%

Emporium Reporters

The federal government of Nigeria has concluded plans to slash the levy to be paid on imported cars from 35 percent to five percent, according to a new bill to be presented to the national assembly.   The bill which will come as a welcome development to Nigerians who have been financially impacted by a 2020 year plagued by the Coronavirus pandemic, is contained in the draft bill of the 2020 finance bill to be presented to the national assembly. Once the bill has been passed by the legislature and…

We slashed taxes to make Nigeria’s business environment friendlier -Osinbajo

Emporium Reporters

Like it did last year offering a range of tax incentives to Nigerians through the Finance Bill later passed into law, the Buhari administration is again offering more this year through the 2020 Finance Bill so as to attract more incentives and make doing business in Nigeria more competitive. Vice President Yemi Osinbajo, stated this on Friday at the third edition of the Nigeria Diaspora Investment Summit which was held virtually, featured several Nigerians and prospective investors from the Diaspora. Speaking specifically about how the Federal Government has been able…

Nigerian Economic Summit holds Nov 23

Emporium Reporters

The Nigerian Economic Summit Group (NESG) and the Federal Ministry of Finance, Budget and National Planning have announced that the rescheduled 26th Nigerian Economic Summit (NES#26) will now hold on November 23rd – 24th 2020. The Summit with the theme “Building Partnerships for Resilience”, will convene national and global policy makers, business leaders, development partners and scholars to lead and participate in sessions that will focus on strategic partnerships between the youth, governments, private sector and the civil society to build resilience for Nigeria’s households, businesses and economy. A joint statement from the Nigerian Economic…

ITMB PLC bags 2020 Best Mortgage Bank Award

Emporium Reporters

Infinity Trust Mortgage Bank Plc, a leading Nigerian Mortgage Bank, has won the 2020 Global Banking and Finance Awards. This was announced in a letter confirming the Bank as winner of the 2020 Global Banking and Finance Awards winners ; Best Mortgage Bank in Nigeria category. The awards, which was published in the website of the Magazine, was based on the performances of banks in their respective regions and countries ITMB PLC is the first mortgage bank in Nigeria to win this prestigious award. Global Banking and Finance Awards was…

#ENDSARS: Kwara Govt to support looted businesses with N500m · as Gov AbdulRazaq visits affected Malls,commends security agencies

Emporium Reporters

Kwara State Governor ,AbdulRahman AbdulRazaq has again condemned “the mindless looting” of people’s businesses in the state capital on Friday, insisted there can be no justification for such criminal behaviour. He commiserated with owners of all the businesses affected and announced a N500m fund to assist them as part of the administration’s efforts to bring them back on their feet following the incident. In a visit to the Kwara Mall and Agro Mall on Saturday evening, the Governor said the incident may bring businesses to their knees, and cause massive…