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    Kapital FM 92.9 The Station that Rocks!

Business

275 Results / Page 29 of 31

Background

Business

Emir Of Kano Urges Nigerians To Embrace Insurance 

Edited By Umbwanko Baba   The Emir of Kano, Alhaji Aminu Ado Bayero has urged Nigerians to embrace insurance as a way of relieving loss, especially in businesses and property. The Emir stated this when the Management of the National Insurance Commission, NAICOM led by the Commissioner for Insurance, Mr. Olorundare Sunday Thomas paid a courtesy visit to the Emir's Palace in Kano. Alhaji Ado Bayero further urged the Commission […]

todaySeptember 19, 2023

Business

NNPCL Sacks Top Management Staff 

Edited by Elizabeth David    The Nigerian National Petroleum Company Limited (NNPCL) has sent all management staff with less than 15 months to statutory retirement on compulsory early retirement. A statement signed by management of the oil company on Monday, September 18, 2023, and posted on its X handle (formerly Twitter) early Tuesday morning stated that the early retirement takes immediate effect from Tuesday, September 19, 2023. According to the […]

todaySeptember 19, 2023

Business

NDIC Sets To Pay Staff Of Defunct Peak Merchant Bank

The Nigeria Deposit Insurance Corporation, NDIC, in line with its mandate and as the official liquidator of failed banks in the country, says depositors and ex staff of defunct Peak Merchant Bank will be paid their liquidation dividends as it has concluded preparations. This is contained in a statement by the Director of Communications and Public Affairs of the NDIC, Mallam Bashir Nuhu. The statement explains that there will be […]

todaySeptember 18, 2023

Business

NNPCL Retail Makes N18.4b Profit In 4 Months- Kyari

The Group Chief Executive Officer of the Nigeria National Petroleum Company Limited, NNPCL Mr Mele Kyari, says the company's retail has made a profit of 18.4 billion naira in the first quarter of 2023. Mr Kyari disclosed this at the resumed investigative hearing of the house of Representatives Ad-hoc Committee on the Acquisition of OVH Energy by the NNPCL. This he said was as a result of acquisition of the […]

todaySeptember 15, 2023

Business

TETFUND To Partner ULCA In Entrepreneurship Development

The Tertiary Education Trust Fund, TETFUND, is partnering the Ugwumba Leadership Center for Africa in creating more jobs for Nigerian youths through entrepreneurship development. Executive Secretary of TETFUND, Mr. Sunny Echono made this known when he hosted the President of the Ugwumba Leadership Center for Africa, Uche Nwosu and his management team in Abuja. Mr. Echono who expressed satisfaction with the efforts of Ugwumba Leadership Center in empowering young entrepreneurs […]

todaySeptember 6, 2023

Business

Abuse Of Tax Incentives, Waivers An Economic Sabotage – Speaker

Speaker of the House of Representatives, Dr. Tajudeen Abbas says abuse of tax incentives and waivers is an act of economic sabotage which must not be allowed to continue. The Speaker stated this while inaugurating the Ad-hoc Committee to investigate allegations of abuse of tax incentives, tax breaks, and tax waivers by public institutions and companies benefitting from tax incentives. Represented by the House Leader, Professor Julius Ihonvbare, the Speaker […]

todayAugust 31, 2023

Business

House Warns Bank CEOs To Appear Or Be Forced

The House of Representatives adhoc committee investigating non remittance to the National Housing Fund, NHF, and utilisation of funds from 2011 till date has warned that Chief Executive Officers of banks who failed to honour its invitation will risk being dragged to court. The committee consequently gave the defaulting banks Thursday next week to appear with all the required information. It also insisted that the Accountant General of the Federation, […]

todayAugust 31, 2023

Business

NNPP Crisis Worsens With Suspension Of Executive Members

The crisis rocking the New Nigeria Peoples Party, NNPP has worsened with the two factions suspending themselves. The faction loyal to former governor of Kano state, Senator Rabiu Kwankwaso in a national executive committee meeting in Abuja expelled the chairman of the board of trustees Dr. Boniface Aniebonam, the national Publicity Secretary, Dr. Agbo Major and ten National Working Committee members for forming a parrallel NWC and State Executives. The […]

todayAugust 29, 2023

Business

FCT- IRS Rakes In #98bn, Surpasses 2022 By N33bn

        The Federal Capital Territory Internal Revenue Service (FCT-IRS) has so far collected the sum of N98,579,312,517.94 from January to July showing a remarkable increase from the N65,757,760,389.50 collected during the same period in 2022. The Executive Chairman of FCT-IRS, Mr. Haruna Abdullahi, disclosed this while addressing members of Staff during a virtual meeting in Abuja. Mr Abdullahi expressed delight over the feat the Service attained and […]

todayAugust 1, 2023