bridging information and transformation
Five top-tier companies, including MTN Nigeria, Citibank, and C&I Leasing, are set to redeem a combined N94 billion in commercial paper (CP) maturities in July, in a development expected to influence near-term liquidity trends in Nigeria’s financial system. The repayments span across multiple sectors telecommunications, financial services, healthcare, and leasing. C&I Leasing had lead with […]
The Murtala Muhammed International Airport (MMIA) command of the Nigeria Customs Service (NCS), has announced the arrest of an India-bound passenger with undeclared foreign currency totalling $29,000. The passenger, who was travelling to India via Emirates airline, had falsely declared only $6,000, violating Nigeria’s currency declaration laws. LEADERSHIP reports that the currency declaration regime states […]
The Kingdom of the Netherlands has formally commenced talks with the Federal Government of Nigeria to renegotiate their existing Double Taxation Agreement (DTA), becoming the first foreign partner to initiate such discussions following Nigeria’s recent tax reforms. The renegotiation process was flagged off on Monday at the Revenue House in Abuja, where the chairman of […]
The need for improved mental health for soldiers on the frontline cannot be more urgent than now. This position is contingent upon the extraneous mental, psychological, and physical demands associated with addressing various security threats in the country. Recently, scores of videos of soldiers complaining about the conditions on the frontlines have been making the […]
Bolt, one of Africa’s leading ride-hailing platforms, has engaged a broad coalition of stakeholders, including riders, government officials, law enforcement agencies, and civil society groups, in an effort to ensure urban mobility safety. This is even as it has organised its first-ever Public Safety Summit in Lagos, on Wednesday, which serves as a dynamic forum […]
Oil and Gas players recently converged at a sensitisation workshop for local industry players to help improve access to funding. The workshop sponsored by the Nigerian Content Development and Monitoring Board (NCDMB), was a move to sustain gains recorded in the implementation of local content in the oil and gas industry. The event which […]
The Senate has ordered a far-reaching investigative hearing into the operations of Ponzi and fraudulent investment schemes in the country, following the collapse of Crypto Bullion Exchange (CBEX). This digital company allegedly defrauded Nigerians of over ₦1.3 trillion (approx. $847 million). The resolution was adopted after a motion jointly sponsored by Senators Mukhail Abiru (Lagos […]
Former presidential candidate and political economist Professor Pat Utomi described Nigeria’s National Assembly members as “slaves” to the executive arm of government, owing to their dependence on constituency projects for political survival. Speaking at a press conference during the Big Tent Shadow Retreat, Utomi criticised the legislative arm for abandoning its core duty of lawmaking […]
Gunmen suspected to be bandits have killed 13 people in Mariga local government area of Niger state. LEADERSHIP learnt that the killings took place at Magoro, Kumbashi and Bangi, the headquarters of the local government area. It was learnt that among those killed on Tuesday night were three members of the Vigilantes and a policeman […]
The Association of Community Pharmacists of Nigeria (ACPN) has said that the pharmaceutical industry is on the path to transformative growth as local manufacturers and investors channel multi-million-dollar investments into Active Pharmaceutical Ingredient (API) production. The association said this aims to improve medicine security and position the country as Africa’s key drug manufacturing hub. ACPN […]