Ayodeji Adegboyega

1 week ago | htsyndication.com | Ayodeji Adegboyega

Nigeria, May 27 -- The Federal Inland Revenue Service (FIRS) has denied claims that it owes ground rent on any of its Abuja properties and has demanded a public apology from the Federal Capital Territory Administration (FCTA) for sealing off one of its offices. On Monday, FCTA officials shut the FIRS' facilities over what they described as the non-payment of ground rent on the buildings located at No. 12 and 14 Sokode Crescent, Wuse Zone 5.

1 week ago | premiumtimesng.com | Ayodeji Adegboyega

The Federal Inland Revenue Service (FIRS) has denied claims that it owes ground rent on any of its Abuja properties and has demanded a public apology from the Federal Capital Territory Administration (FCTA) for sealing off one of its offices. On Monday, FCTA officials shut the FIRS’ facilities over what they described as the non-payment of ground rent on the buildings located at No. 12 and 14 Sokode Crescent, Wuse Zone 5.

2 weeks ago | premiumtimesng.com | Ayodeji Adegboyega

President Idriss Déby of Chad has awarded Benedict Oramah, president of the African Export-Import Bank (Afreximbank), one of the country’s highest national honours in recognition of his support for the Chadian economy during a period of political and financial uncertainty. The Chadian president conferred on Mr Oramah the title of Commander in the National Order of Chad, a distinction reserved for individuals who have made sustained and significant contributions to the nation.

2 weeks ago | premiumtimesng.com | Ayodeji Adegboyega

The Central Bank of Nigeria on Tuesday kept its key interest rate unchanged at 27.5 per cent. The decision, announced by CBN Governor Olayemi Cardoso at the end of a two-day Monetary Policy Committee (MPC) meeting in Abuja, marks the second time in a row that the bank has opted to hold the rate steady. The bank had steadily raised the rate from 11.5 per cent in 2022, including six hikes in 2024 alone, amounting to a cumulative 875 basis points.

2 weeks ago | premiumtimesng.com | Ayodeji Adegboyega

The Central Bank of Nigeria (CBN) has assured the public that the country’s banking sector remains stable, following what it described as misleading media and social media reports about the operations of a regulated financial institution. In a statement issued on Monday by Hakama Sidi-Ali, acting director of corporate communications, the apex bank said there was no cause for alarm, adding that the financial institution in question is fully compliant with regulatory requirements.