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VAIDS Not Amnesty For Looters – Adeosun

VAIDS Not Amnesty For Looters – Adeosun

There is no amnesty from our perspective for those who have looted our treasury. VAIDS is simply about tax Kemi Adeosun, minister of finance, says the volutary assets and income declaration scheme (VAIDS) has nothing to do with the bill before the national assembly seeking amnesty for looters. Speaking at the VAIDS interactive session for […]

N19 Trillion Debt: Nigeria Reaches Debt Limit, Can’t Borrow Again

N19 Trillion Debt: Nigeria Reaches Debt Limit, Can’t Borrow Again

With a debt profile of N19 trillion, the federal government hinted yesterday that Nigeria cannot afford to borrow anymore. The Minister of Finance, Kemi Adeosun, who disclosed this at the quarterly Presidential Business Forum held at the presidential villa noted that the country’s budget is significantly lower when attached to the GDP, which is currently […]

Intra African Trade To Hit $400bn With Closure Of Information Gap

Intra African Trade To Hit $400bn With Closure Of Information Gap

Unlocking The Africa’s Trade Potential If Europe, with a population of 550 million people in 28 countries and a land area of 10.2 million square kilometres, could have intra-Europe trade of about $6 trillion, it was possible for Africa The size of intra-African trade could be doubled from the current level of about $170 billion […]

How To Push Euro-Dollar Up To 1.20

How To Push Euro-Dollar Up To 1.20

The Euro to US Dollar pair has risen strongly over recent weeks as the outlook for the Eurozone economy, its political institutions and the rhetoric of the European Central Bank (ECB), have all improved. The pair has now reached the 1.1500 level, at the top of a long-term range between 1.05 and 1.15, leading some […]

Africa Development Bank DG Collapses, Dies In Office

Africa Development Bank DG Collapses, Dies In Office

Dr Tonia Kandiero, director-general of African Development Bank (AfDB)for Southern Africa, has died after collapsing in her office in Pretoria, South Africa. AfDB Malawi’s Benson Nkhoma, who confirmed her death said AfDB was still investigating the cause of death, but she had “complained of health issues” prior to her collapse on Wednesday night, June 28. […]

FG To Publish List Of ‘Non-repentant’ Tax Defaulters’

FG To Publish List Of ‘Non-repentant’ Tax Defaulters’

Our personal preference is that those who have diverted Nigeria’s legitimate tax revenues abroad or concealed them at home, should taste the full force of the law Acting President Yemi Osinbajo warned on Thursday that the list of tax defaulters in the country who failed to repent by March 31, 2018 would be published. He […]

Sale Prices For Second-hand Private Jets Reduced By 35%

Sale Prices For Second-hand Private Jets Reduced By 35%

Prices for second-hand private jets, many of which have barely been flown, have dropped as much as 35 per cent over three years to the end of April. Billionaires and larger corporates have had tens of millions of dollars wiped off the value of their business jets, as massive oversupply in the run-up to the […]

AfDB President Akinwumi Adesina Named 2017 World Food Prize Laureate

AfDB President Akinwumi Adesina Named 2017 World Food Prize Laureate

Dr. Akinwumi Ayodeji Adesina, the President of the African Development Bank (AfDB), will be recognized as the 2017 World Food Prize Laureate. Through his roles over the past two decades with the Rockefeller Foundation, at the newly established Alliance for a Green Revolution in Africa (AGRA), and as Minister of Agriculture of Nigeria, Dr. Adesina […]

Osinbajo Begins Preparation For 2018 Budget

Osinbajo Begins Preparation For 2018 Budget

When you present a budget to the National Assembly, it is presented as a bill, an appropriation bill. Barely 24 hours after signing the 2017 Appropriation Bill into law, Acting President Yemi Osinbajo on Tuesday in Abuja started preparatory activities for the 2018 budget based on the Federal Government’s Economic Recovery and Growth Plan. Anchored […]

10 Things You Need To Know About Debit Cards

10 Things You Need To Know About Debit Cards

If you use your debit card to purchase goods or services and then there is a dispute, you may never get your money back Almost any time you open an account, the bank will issue a debit card to you. While you may think of this as the Automatic Teller Machine card to draw money […]

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