The Federal Competition & Consumer Protection Commission Commission, (FCCPC) has warned Point of Sale, (PoS) operators that violation of an order of the Commission by engaging in illegal conduct attracts additional consequences apart up to N10,000,000 for corporate entities; and N1,000,000 and or a prison sentence of up to three months for individuals. A statement signed on Monday by FCCPC’s Executive Vice Chairman/CEO, Mr. Babatunde Irukera said that the Commission gathered from news reports and continuing surveillance regarding subjects of regulatory concern and became aware of what appeared to be an adamance of Association of Mobile Money and Bank Agents…
Author: Humsi
Aliko Dangote The Dangote Industries Limited (DIL) and the Niger State Government are strengthening existing ties, while exploring fresh investment opportunities in the State. Speaking, weekend, at the Dangote Special Day at the ongoing 20th Niger State National Trade Fair in Minna, the Dangote Group’s Executive Director, Government and Strategic Relations, Mr. Mansur Ahmed, an Engineer, said Niger State was central to the company’s overall investment plan in the agricultural sub-sector. He said the Dangote rice mill earlier planned for Wushishi was being scaled up and moved to Badeggi where there was enough water supply conducive for rice farming and…
The suspects Two men, a mechanic and his accomplice have been arrested by the Police in Nasarawa State for car theft. This was contained in a statement signed on Sunday for the Commissioner of Police Nasarawa State Command, Maiyaki Baba, by the Police Public Relations Officer, DSP Ramhan Nansel. The CP said that on 19/7/2023 at about 16:00 hours, a complaint was lodged at ‘B’ Division Lafia that on 1/6/2023 a Toyota Corolla, 2015 model was given to a mechanic in Lafia for repairs. One of the suspects with the stolen car The suspect took away the vehicle to an…
By Humsimedia Amidst daunting economic challenges, the Nigerian Investment Promotion Commission (NIPC) emerges as a crucial force driving sustainable growth and attracting domestic and foreign investments. In this article, we delve into the inner workings of NIPC, its ambitious agenda, and the hurdles it faces in transforming Nigeria into a global investment hub. Good enough, President Bola Ahmed Tinubu’s administration recognizes the imperative for practical measures that remove inhibitions hindering investment flow into the country. NIPC with the mandate to encourage, promote and coordinate the inflow of private capital, takes on the responsibility of designing and implementing strategies to attract…
By Manzo Ezekiel and Abdulkadir Ibrahim Building resilience in communities is an essential strategy in tackling floods and other disasters within Nigeria This was the position of Director General National Emergency Management Agency Mustapha Ahmed Habib at a recent media parley with media practitioners in Lagos, where he also said it was in line with Global Standards on Disaster risk reduction. Resilience is the ability of a community to withstand and recover from natural disasters and other crises. When communities are resilient, they are better equipped to cope with disasters and minimize their impact. There are many ways to build…
By Miriam Humbe The Federal Competition & Consumer Protection Commission (FCCPC) will continue to scrutinise listed DMLs and periodically update the list to ensure only businesses that consistently and completely comply with the spirit and intention of the regulatory framework are allowed to do business legally in Nigeria. FCCPC’s Executive Vice Chairman/CEO, Babatunde Irukera said this in a statement signed on Thursday. The statement was an update on registration of Digital Money Lenders, (DMLs) under the Inter-Agency Joint Task Force’s Limited Interim Regulatory/Registraction Framework and Guidelines for Digital Lending 2022. Recall that on August 18, 2022, the FCCPC for and…
By Miriam Humbe The Federal Inland Revenue Service (FIRS) has announced a total tax revenue collection of N5.5 trillion for the half-year period of January to June 2023. Special Assistant to the Executive Chairman, FIRS on Media & Communication, Johannes Oluwatobi Wojuola said this in a statement signed on Thursday. This is the highest tax revenue collection ever recorded by the Service in any first six months of a fiscal year. Mr. Muhammad Nami, Executive Chairman of the FIRS stated this while presenting the 2023-2024 tax revenue outlook to the National Economic Council at its meeting held on Thursday 20th…
By Miriam Humbe The Dangote Group operates according to it’s policy of entrenching environmental sustainability by identifying, measuring, and mitigating actual and potential negative environmental footprints in all its operations. At the recently concluded 2-day Environmental Journalism workshop at the Dangote Academy, Obajana in Kogi State, the Head, Dangote Academy, Wale Adedeji said that Dangote Cement produced without environmental pollution by suppressing the dust and planting trees. Themed: Reporting the Environment for Sustainability, the workshop was organised by the Dangote Academy with Climate Africa Initiative & Centre, (CAMIC), publishers of NatureNews as media partner. The Head of Dangote Academy said:…
The re-launched Guest Writer Session of the Abuja Writers Forum, gathers momentum with the July edition featuring Ejiro Otive-Igbuzor and Echela Okwori on the 29th by 4:00pm and will include live music among other side attractions. Ejiro Otive-Igbuzor recently published two novels – TROPHY HUSBAND and TRAVAILS OF OMOTEJEMO, which are in the romance genre. Both novels share an underpinning of how African history, culture and values shape the lives of the major characters at home and abroad. Ejiro holds a PhD in Microbiology with specialty in TB/HIV coinfection and tuberculosis bacteriology. She describes her passion for creative writing thus:…
In today’s fast-paced world, achieving true wellbeing and maintaining sound mental health has become a priority for individuals and organizations alike. The Pension Fund Operators Association of Nigeria (PenOp) recognizing the importance of this, recently organized a webinar titled “Mental Health, Managing Stress and Depression” to educate professionals within the pension industry on leveraging mental health for lasting change. The online session, emphasized the crucial role of mental health in overall wellbeing. It sought to highlight the fact that good health encompasses physical, mental, social, spiritual, and financial aspects, going beyond the mere absence of diseases or infirmity. The overall…
By Miriam Humbe Permanent Secretary in the Federal Ministry of Industry, Trade and Investment (FMITI), Dr. Evelyn Ngige on Monday, said that Nigeria was Houston’s 41st largest trading partner with trade averaging $1.6 billion. The Perm Sec said this when she hosted the Mayor of Houston, Texas, in the United States of America, Mr. Sylvester Turner, at the Ministry. The Mayor and his delegation were in the Ministry to discuss areas of mutual interest between Nigeria and the USA, most especially Nigeria’s economic relations with the City of Houston, Texas. The engagement was expected to further strengthen the existing cordial…
Nasarawa Police Commissioner, Maiyaki Baba By Miriam Humbe, Abuja The Nasarawa Police Command on Friday, briefed the press on the achievements recorded in curbing crime to secure the State. Police Public Relations Officer of the Command, Ramhan Nansel made the briefing on behalf of the Commissioner of Police, Maiyaki Baba. The Police arrested 15 kidnap suspects, two armed robbery suspects, four suspected cultists, while nine others were arrested for sundry offences, totalling 30. Two firearms and two ammunitions were recovered. Suspects Here’s a full text of the press briefing: ARREST OF SUSPECTED CRIMINALS FOR ORGANISED CRIME: On 07/07/2023 at about…