Yushau A. Shuaib: [News Update] Finally, CBN to Approve Sharia Banks in Nigeria

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CBN to Approve Sharia Banks in Nigeria

In an effort to ensure full compliance to Sharia Law by banks interested in Islamic banking, the Central Bank of Nigeria (CBN), has released a draft framework for the regulation and supervision of Shariah Banking System, otherwise known as non-interest banks in Nigeria… Read

FIRS Delists 2 Banks over Non-Remittance of Tax

The Federal Inland Revenue Service [FIRS] has delisted two banks from the list of collecting banks on account of tax fraud. Executive chairman of FIRS, Mrs Ifueko Omoigui-Okauru disclosed this in Abuja at a workshop on E- payment of Taxes and rendition of returns by Ministries, Departments and Agencies [MDA]… Read

Vision 2020 Gets Independent Secretariat

... Arikawe as the Head

The Minister/Deputy Chairman, National Planning Commission (NPC), Dr. Shamsuddeen Usman has said that an independent secretariat for the vision 2020 has been set up by his Commission which is headed by Mr. Akin Arikawe, a former Permanent Secretary in the Ministry of Finance and pioneer Director General of Debts Management Office. … Read

Kano Wins UBE Award

Kano State has emerged as the overall Best State within the Northwest Geographical Zone in the Basic Education Delivery in the year 2005 and 2006. Announcing the Award at a ceremony at Nicon Hilton, Abuja, the Minister of State for Education, Hajiya Aishatu Dikku said Kano had judiciously utilized its Federal Government and Universal Basic Education fund. … Read

States Can Cushion Effects of Economic Crisis, By Babalola

…Warns States Not To Rely Solely On Federation Account

The Finance Minister of State for, Mr. Remi Babalola, in Benue State proffered ways by which States could cushion the crushing effects of the global economic crisis. He particularly advised the States to take advantage of the present economic crisis to review their various policies to uplift the living standard of its citizens, while also refocusing on their internally generated revenue (IGR). … Read

Foreign Investors Warned Against Improper Channels- Nigeria's Envoy in Syria

Foreign investors interested in coming into Nigeria to invest in the various sectors of the nation's economy have been advised to always pass through the proper channel rather than cutting corners. The danger inherent in such adventure is that genuine investors fall into wrong hands and at the end of the day portray Nigerians as fraudulent people. … Read

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Features

*The New Economic Order for Benue State - By Remi Babalola

*An Economy on the Brink - By Les Leba

*Arrest Them All – A Call to The EFCC- By Akintokunbo A Adejumo

*Global Job Crises And The Nigerian Prodigals – By Atayi Babs

* Global Meltdown: Confusion from Presidential Team- By lesLeba

*Is Vision 2020 Dead on Arrival- By Joel Nwokema

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