Tuesday 17 September, 2019
Edition: English (US)
Category Archives: Business News

To ensure speedy resolution of  financial market disputes, the Investment and Securities Tribunal (IST) on Monday called for expansion of its jurisdictions beyond the capital market. The Chief Executive Officer of IST, Mr Siaka Idoko-Akoh,...

By Optimum Times on Sep 17th, 2019

Left to Right: Colonel I. B. Manjang of the  Nigerian Army Ordinance Corps;  Mr. Stephen Falomo, Head Lagos Zonal Office, Securities and Exchnage Commission; Corps Commander, Nigerian Army Ordnance Corps, Major General O. A. Akintade and...

By Optimum Times on Sep 16th, 2019

The National Identity Management Commission (NIMC) has issued 36.6 million National Identity Numbers (NIN) to Nigerians as at September 11. The Director-General of the commission, Aliyu Aziz, disclosed this at an interactive session with journalists...

By Optimum Times on Sep 14th, 2019

Experts and groups such as the Nigeria Employers’ Consultative Association have said the recent increase in the Value Added Tax rate from five per cent to 7.2 per cent will lead to closure of many businesses. The Head of Tax and Corporate...

By Optimum Times on Sep 14th, 2019

Minister of State for Petroleum Resources, Chief Timipreye Sylva flanked by the Chairman, House Committee on Petroleum (Upstream), Hon. Musa Sarkin-Adar (right) and Vice Chairman, House Committee on Petroleum (Upstream), Hon. Preye Oseke (left)...

By Optimum Times on Sep 14th, 2019

As part of efforts to further promote economic and industrial growth through manufacturing in Nigeria and to provide a greater enabling environment for the ease of doing business, the Standards Organisation of Nigeria (SON) has signed a Memorandum...

By Optimum Times on Sep 14th, 2019

Nollywood actress, Iyabo Ojo has taken to her Instagram page to lament over N38M tax levied on her business by Lagos State government. According to her, she is almost at the verge of shutting down her shop over excessive Taxation by Sanwo...

Managing Director of NLNG, Mr. Tony Attah, and representatives of some of the shareholders signing the Letter of Intent for the Train 7 Project …Wednesday in Abuja. The Nigerian National Petroleum Corporation (NNPC) and its partners...

By Optimum Times on Sep 12th, 2019

OPEC Secretary General Mohammed Barkindo  OPEC on Wednesday cut its forecast for growth in world oil demand in 2020 due to an economic slowdown, an outlook the producer group said highlighted the need for ongoing efforts to prevent a new glut of crude. In a monthly report, the Organization of the Petroleum Exporting Countries (OPEC) said oil demand...

From left:  Mr. Ayokunle Adaralegbe Chief Risk Officer,  Central Securities Clearing System, CSCS;  Acting Director General, Securities and Exchnage Commission, SEC, Ms. Mary Uduk, and Vice Chancellor Unilag Prof Oluwatoyin Ogundipe at...

By Optimum Times on Sep 11th, 2019