Tag "NESG"

    Fowler: No harm in introducing communication tax, Nigerians talk a lot on phone

Fowler: No harm in introducing communication tax, Nigerians talk a lot on phone

Babatunde Fowler, chairman of the Federal Inland Revenue Service (FIRS), says there is no harm in introducing a communication tax.Fowler made this known on Monday while speaking to TheCable on the sidelines of the ongoing Nigerian Economic Summit Group conference holding in Transcorp Hilton in Abuja."I will put it this way, Nigerians talk a lot on the phone; they even [...]

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    Nigeria has issued first gold-refining licence, says Udoma

Nigeria has issued first gold-refining licence, says Udoma

Udo Udoma, minister of budget and national planning, says the federal government of Nigeria has issued the first gold refining licence, as a result of the economic recovery and growth plan.Speaking at the 24th Nigerian Economic Summit (NES24) in Abuja on Monday, Udoma said this was one of the many outcomes of the ERGP focus labs.The minister added that the primary [...]

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    Ighodalo named chairman Nigerian Economic Summit Group

Ighodalo named chairman Nigerian Economic Summit Group

The board of directors of the Nigerian Economic Summit Group (NESG) has announced the appointment of Asue Ighodalo, as its new Chairman.Ighodalo, a founding partner of Banwo & Ighodalo, one of the foremost commercial law firms in Nigeria, took over the reins following the resignation of Kyari Bukar on September 17, 2018.The revered lawyer obtained his first degree in Economics [...]

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    Buhari must develop Nigeria even if it means stealing, says World Bank consultant

Buhari must develop Nigeria even if it means stealing, says World Bank consultant

Olu Ajakaiye, president of Nigeria Economic Society and a World Bank consultant, says the Muhammadu Buhari-led government and subsequent Nigerian governments must develop the country, even if it means stealing from other countries.Ajakaiye, who was the keynote speaker at the 2017 edition of The Bullion Lecture organised by the Centre for Financial Journalism, said many first world nations have stolen [...]

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    Recession: Buhari summons experts to ‘economic war room’

Recession: Buhari summons experts to ‘economic war room’

President Muhammadu Buhari has summoned experts and analysts to an "economic war room" to save the economy from prevailing challenges.Major economists were billed to  converge on Intercontinental Hotel, Lagos, on Thursday morning, to have a policy dialogue on the current foreign exchange regime.The dialogue, which was to be hosted by British High Commission and the Nigerian Economic Summit Group (NESG), [...]

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    Babalakin: We lost N80bn to government’s dishonesty

Babalakin: We lost N80bn to government’s dishonesty

Wale Babalakin, chief executive officer of Resort International Ltd, the company that won the concessional rights to the federal secretariat project conversion, says his company lost N80bn to government’s inability to keep its word.Speaking at the infrastructure policy commission of the Nigeria Economic Summit Group (NESG) moderated by Philips Oduoza, the managing director of UBA, Babalakin lamented what he called [...]

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Exchange Rates

December 05, 2019USDGBPEUR
INTERBANK306397354
LAGOS355444389
KANO354445370
PH355447412
ABUJA356454413
NOTE: The black market rates represent the most prevalent. They could be slightly higher or lower among different sellers.
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