TOP 10 NIGERIAN NEWS HEADLINES TODAY: 30TH APRIL 2021

N120b CBN metering intervention timely – Consumers

N120b CBN metering intervention timely – Consumers
One of the myriad of challenges bedeviling the Nigerian Electricity Supply Industry (NESI) is metering. On its own, the Nigeria Electricity Regulatory Commission (NERC) in March 2021 directed the 11 Electricity Distribution Companies (DisCos) to replace obsolete and faulty meters. According to Order No. NERC/246/2021, of March 4, seven million customers in the electricity market were un-metered. The commission that alluded to an enumeration that was carried out added that three million meters among the installed ones were faulty. HERE

TOP 10 NIGERIAN NEWS HEADLINES TODAY-26TH APRIL 2021

NICON Insurance faults report on Senate summon

NICON Insurance faults report on Senate summon
NICON Insurance Limited has faulted a report on its invitation to the Senate over failure to remit pension fund to the Pension Transitional Arrangement Directorate. In a statement titled, ‘NICON Insurance faults report on senate summon’, the insurance firm recalled the report, which stated that the Nigerian Senate had summoned the firm over ‘Failure to remit N17.4bn pension fund to PTAD’

TOP 10 NIGERIAN NEWS HEADLINES TODAY: 21ST APRIL 2021

FIRS directs companies within free trade zones to file income tax returns

FIRS directs companies within free trade zones to file income tax returns
The Federal Inland Revenue Service (“FIRS”)has issued a public notice to all approved enterprises operating within Nigeria’s Export Processing and Oil & Gas Free Zones to file income tax returns for 2021 and subsequent years of assessment; and compute income tax and pay the tax due.

TOP 10 NIGERIAN NEWS HEADLINES TODAY: 14TH APRIL 2021

TOP 10 NIGERIAN NEWS HEADLINES TODAY

Local Equities Market Dips Further By 0.3 Per Cent As NGX Launches New Brand
Negative sentiments persist in the local bourse, on Tuesday, as the Nigerian Exchange Group (NGX) launches its new corporate brand identity and website. The launch of the new identity followed the demutualisation of The Nigerian Stock Exchange (NSE) and the resulting creation of the non-operating holding company NGX Group Plc and its subsidiaries: Nigerian Exchange (NGX) Limited, the operating exchange; NGX Regulation (NGX RegCo) Limited, the independent regulatory arm of the Exchange; and NGX Real Estate (NGX RelCo) Limited, the real estate company.

TOP 10 NIGERIAN NEWS HEADLINES TODAY: 12TH APRIL 2021

SEC Holds First CMC Meeting In 2021
Securities and Exchange Commission (SEC) has announced that the first Capital Market Committee (CMC) meeting in 2021 will hold from Thursday, April 15 to Friday, April 16, 2021. A statement from the commission on Sunday explained that the virtual meeting with key stakeholders will hold on April 15, while the usual interface with the press, on the outcome of the CMC meeting, will take place on Friday

TOP NIGERIAN HEADLINE NEWS

TOP NIGERIAN HEADLINE NEWS

LCCI Inaugurates E-Commerce For Private Enterprises
The Lagos Chamber of Commerce and Industry (LCCI) has announced the launch of its e-commerce sectoral group to support the development of private enterprises in various sectors of the economy. Disclosing this during the virtual e-commerce inaugural event, held over the weekend, the Chamber’s President, Mrs Toki Mabogunje, stated that, besides exposing investors’ products to a larger market base, the group would also boost investors’ confidence in the Chamber’s advocacy activities, aimed at developing private enterprises.

TOP NIGERIAN HEADLINE NEWS TODAY

Minister pledges issuance of passport within 24-hours

Minister pledges issuance of passport within 24-hours
Interior Minister, Rauf Aregbesola, has assured Nigerians of obtaining their international passports within 24-hour following the commissioning of the newly built Maitama Passport Express Centre (MPEC). The centre, located in Abuja, was established in partnership with the private sector. Aregbesola said it marked the beginning of the decentralisation of the issuance of passport and hinted that more of such centres would be built across the country to speed up issuance of the document.

TOP NEWS HEADLINES-WEDNESDAY 31ST MARCH, 2021

Transactions on the floor of Nigerian Stock Exchange (NSE) yesterday returned to volatility, declining by N119 billion, despite juice earnings declared by some quoted companies.

Emirates Increases Frequency on Lagos Route

Emirates Increases Frequency on Lagos Route

LAGOS, NIGERIA; 19th October 2020 – Emirates has announced it will increase its flight to Lagos from four weekly to five weekly flights on October 25th, and then daily from November 1st.Upon resumption to Nigeria routes after the COVID-19 lockdown on September 7th, the airline had announced that flights to Lagos will be operated four times a week on Monday, Wednesday, Friday and Sunday, while flights to Abuja will commence on September 9th and operate on a daily basis.