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HC For Lands, Housing and Urban Dev., Mr Akin-Funmilayo Host Investors In Ibadan

The Oyo State Government, represented by the Commissioner for Lands, Housing, and Urban Development, Mr. Williams Akin-Funmilayo, hosted a gathering of real estate investors and developers in Ibadan on Wednesday 15th May, 2024. During the meeting, Mr. Akin-Funmilayo emphasized the importance of spreading development beyond Ibadan to other regions in Oyo State. He stressed the […]

Eight Facts Nigerians Need To Know About FG’s Consumer Credit Scheme

…As Registration Ends Today   President Bola Tinubu recently approved the takeoff of the first phase of the Consumer Credit Scheme. Below are 8 key facts every Nigerian should know about this new credit scheme. 1. It Is for Working Nigerians The Consumer Credit Scheme put together by Nigeria’s CreditCorp, has been initiated in line with […]

1.6m Nigerians Submitted Applications For Consumer Credit Scheme – Uzoma Nwagba

On April 21, President Bola Tinubu launched the first phase of the Consumer Credit Scheme. The programme allows working citizens to access loans for important purchases. Three weeks after the take-off of the scheme, the CREDICORP boss described the volume of applications received so far as overwhelming. “It has been overwhelming. We didn’t expect the […]

PoS operators decry CAC mandatory registration, threaten to Hike Transaction Charges

….All Pos operators are to register with CAC before July 7 ~CBN Some point-of-sale operators in Abuja have condemned the Corporate Affairs Commission’s directive that PoS agents register their businesses. The CAC issued a two-month registration deadline on Monday for PoS operators to register their agents, merchants, and individuals with the commission in accordance with […]

More Hardship Looms as Tinubu Set To Reintroduce Telecom tax on Nigerians

….to meet World Bank Loan Condition President Bola Tinubu’s government is considering lifting the suspended telecom tax and other fiscal policies on Nigerians to secure a new loan of $750 million from the World Bank According to a document published by the World Bank, the EMT levy on electronic money transfers through the Nigerian banking […]

Petrol/Electricity Scarcity: Nigerians Lament As Transport, Foodstuff Prices Increases

Nigeria is currently grappling with a severe petrol scarcity and poor electricity supply, leaving citizens frustrated and angry as they struggle to go about their daily lives. Egalitarian Voice reports that the situation is dire, with long queues resurfacing at filling stations across the country, and commercial and vehicular activities grinding to a halt. The scarcity […]

35% salary increase not minimum wage — Labour

35% salary increase not minimum wage — Labour The Association of Senior Civil Servants of Nigeria, ASCSN, has clarified that the 25 per cent and 35 per cent increase in workers’ salaries announced by the federal government is not the minimum wage. The president of the association, Mr Tommy Okon, clarified while fielding questions from […]

Hardship: Reps Urge NERC To Suspend New Tariff Hike 

The House of Representatives on Tuesday ordered the Nigerian Electricity Regulatory Commission (NERC) to suspend the operation of the recently announced tariff increase. The House also called for the suspension of other conditions in the newly issued review of the Multi-Year Tariff Order.     It set up a special committee made up of the […]