Dike Onwuamaeze

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Articles

To Guarantee Credible Financial Reporting, FRC, NADP Advocate More Actuarial Professionals in Nigeria

2 weeks ago | thisdaylive.com | Ndubuisi Francis |James Emejo |Dike Onwuamaeze

Adibe Emenyonu in Benin City Due to the low number of Actuarial Professionals in Nigeria, the Financial Reporting Council of Nigeria (FRC), in collaboration with the Nigerian Actuarial Development Programme (NADP) took an advocacy outreach to the University of Benin, Benin City.
Nigeria: Cardoso Jubilant As Net Fx Reserves Hit 3-Year High, Swells to $23.1bn

3 weeks ago | allafrica.com | James Emejo |Dike Onwuamaeze

·Reveals position enough to withstand external shocks·$500m W'Bank Loan: LCCI advises FG to focus on addressing poor power supply, high energy cost·Says loan will provide short-term stimulus with unsavory long-term macroeconomic implicationsThe Central Bank of Nigeria (CBN), yesterday reported a marked improvement in its net foreign exchange reserve (NFER), which stood at $23.11 billion in 2024.
Critical Stakeholders Seek Enforcement Power, Better Funding for FRC to Bolster Public Finance Management

1 month ago | thisdaylive.com | James Emejo |Dike Onwuamaeze |Adeyinka Salami

•Senator: It’s best suited to ensure transparency in MDAs •Oyedele, Enang decry neglect•Fmr presidential aide queries source of funding for extended 2024 capital budgetNdubuisi Francis in AbujaCritical stakeholders have called for better funding and strengthening of the Fiscal Responsibility Commission (FRC) by urgently reviewing the enabling law–Fiscal Responsibility Act (FRA 2007) with a view to vesting the Commission with the powers to checkfiscal impunity in public finance management.
FRC Boss: Sustainability Reporting Will Mitigate Risks, Spur Opportunities in Insurance Sector, Others

1 month ago | thisdaylive.com | Dike Onwuamaeze |Adeyinka Salami |Adedayo Akinwale

James Emejo in AbujaThe Executive Secretary/Chief Executive, Financial Reporting Council (FRC) of Nigeria, Dr. Rabiu Olowo, yesterday said the adoption of sustainability reporting was crucial for demonstrating the commitment of insurance companies and other financial institutions to responsible business practices, sustainable principles, risks and opportunities.
FCCPC Expresses Concerns Over Planned Subscription Price Hike By Multichoice

1 month ago | thisdaylive.com | Non-Oil Sector |James Emejo |Chuks Okocha |Dike Onwuamaeze

•Warns against exploitation, summons company •DStv, GOtv offer subscribers support packages to mitigate price increaseJames Emejo in AbujaThe Federal Competition and Consumer Protection Commission (FCCPC), yesterday summoned MultiChoice Nigeria to explain its proposed subscription price increase, set to take effect on March 1, 2025.
AI Skilling: Microsoft Nigeria to Invest $1m on One Million Nigerians

2 months ago | thisdaylive.com | Michael Olugbode |Sunday Aborisade |Oghenevwede Ohwovoriole |Dike Onwuamaeze

Emma OkonjiMicrosoft yesterday announced an initiative to invest $1 million in the training of one million Nigerians on Artificial Intelligence (AI) skills in the next two years.
AfreximBank-facilitated Hospital Complex Abuja Starts Operations June

2 months ago | thisdaylive.com | Ndubuisi Francis |Adeyinka Salami |Dike Onwuamaeze |James Emejo

•Nigeria to save over $1.1 billion annually on medical tourismOnyebuchi Ezigbo in AbujaThe African Medical Centre of Excellence (AMCE) Abuja, a world class tertiary medical institution spearheaded by African Export-Import Bank (Afreximbank) in partnership with King’s College Hospital, London said it has reached a crucial phase in the project’s finalisation.
Nigeria to Host Afreximbank’s 2025 Annual Meetings

2 months ago | thisdaylive.com | Adeyinka Salami |Dike Onwuamaeze |James Emejo

Ndubuisi Francis in AbujaNigeria has officially signed an agreement to host the 2025 Afreximbank Annual Meetings (AAM2025) in Abuja, reinforcing the country’s leadership in African trade and economic development. The signing ceremony took place today at the Federal Ministry of Finance Headquarters, Abuja.
DSS: Jubilation as Tinubu Approves Appointment of Deputy DG

Jan 14, 2025 | thisdaylive.com | Adeyinka Salami |Alex Enumah |Dike Onwuamaeze

In a major boost to the morale of the Department of State Services (DSS) operatives, President Bola Ahmed Tinibu has approved the appointment of Folashade Arinola Adekaiyaoja fsi+, fdc, as Deputy Director General for the Service. The approval, the first by any president, has drawn commendation from a large section of serving and retired DSS officers who see the move as largely aimed at restoring professionalism to the service.
CFG’s Report Doubts Rebasing Nigeria’s GDP, CPI will Yield Desired Results

Jan 14, 2025 | thisdaylive.com | Dike Onwuamaeze

.Says GDP lost over $300bn in 8 years.Gains from subsidy being used for debt servicingDike OnwuamaezeThe CFG Advisory has expressed doubt that the federal government’s move to rebase Nigeria’s Gros Domestic Product (GDP) and Consumer Price Index (CPI) would yield desired economic outcomes.