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N’Assembly leadership halts planned hike in electricity tariffs - The Great Case

How to Seduce Straight Guys The leadership of the National Assembly on Monday waded into the controversy on the planned hike in electricity tariffs from July 1st, 2020 and succeeded in convincing the Distribution Companies(DISCOs) to defer the plan till the first quarter of 2021. The President of the Senate, Ahmad Lawan, the Speaker of the House of Representatives, Rt. Hon. Femi Gbajabiamila and other principal Officers of the two Chambers met at the National Assembly with the Chief Executives of the government electricity regulatory body and DISCOs across the country. Also in attendance were the Chairmen of the Committees on Power from the Senate and House of Representatives. READ ALSO: IPPIS: ASUU insists on reversal of appointment, promotion during strike The National Assembly leaders were emphatic at the meeting that the timing of the planned hike was wrong even though they had not much issue with the need to introduce a cost reflective tariffs for the power sector to attrac...

Ease of Doing Business:  FG merges CAC, tax ID registrations - The Great Case

How to Seduce Straight Guys Business owners who register their businesses with the Corporate Affairs Commission (CAC) will no longer need to approach the Federal Inland Revenue Service (FIRS) for a tax identification number as the federal government has merged the process with business registration. CAC stated this in a statement yesterday, saying that certificates of incorporation issued by the Commission would now carry TINs. READ ALSO: It is suicidal to reopen schools now, ASUU President tells FG “This is to inform our esteemed customers that as part of the ease of doing business initiative, certificates of incorporation of companies registered under part A of CAMA will henceforth carry tax identification numbers issued by the Federal Inland Revenue Service (FIRS),” the corporation said. “This has dispensed with the need for companies to apply for the issuance of tax identification numbers from FIRS after incorporation.” The post Ease of Doing Business:  FG merges CAC, t...

NASD grows total assets to N660.81m in 2019 - The Great Case

How to Seduce Straight Guys Nigerian Stock Exchange By Nkiruka Nnorom NASD Plc, the securities exchange platform for unlisted securities,    has grown its total assets by seven percent to N660.82 million for the year ended December 31, 2019 from N617.87 million in the corresponding period in 2018. Olutola Mobolurin, Chairman, Board of Directors, disclosed this at the Exchange’s first virtual Annual General Meeting, AGM, in Lagos, saying that it also generated N2.6 million from listing fees and N65.5 million investment income during the year as against N57.7 million recorded in 2018. He stated: “In a year that was not without its macroeconomic challenges, your company generated transaction fees of N139 million compared to the N167 million recorded as fees and commission Income in the corresponding period in 2018. READ ALSO: Runsewe signs COVID-19 Support Register “Total Expenses amounted to N196.7 million compared to the N163 million recorded in the corresponding peri...

Cheque transactions fall 56% to N178bn in May - The Great Case

How to Seduce Straight Guys Banking hall As Nigerians open 38m bank accounts By Elizabeth Adegbesan The value of cheque transactions  fell sharply year-on-year (YoY) by 55.7 percent to N178 billion in May 2020 from N401.8 billion in the corresponding period of 2019. Similarly, the volume of cheque transactions declined by 63 percent to 266,335 in May 2020 from 718,139 in May 2019. The huge declines came at the backdrop of a significant rise in the number of bank accounts opened by Nigerians during the same period. READ ALSO: Runsewe signs COVID-19 Support Register A data release by the Nigeria Interbank Settlement System (NIBSS) Payment Channels revealed that  Nigerians opened a total of 38 million bank accounts during the period under review, about 31 percent to 160 million in May 2020 from 122.1 million in May 2019. Further breakdown showed that Mobile Interscheme  transfer had the highest percentage of transactions in value and volume during the period. The...

Nepotism, the worst form of corruption - The Great Case

How to Seduce Straight Guys By Ochereome Nnanna THE terms: “nepotism” and “corruption” are much misunderstood among the Nigerian populace. Unfortunately, even some of our prominent intellectuals are guilty of this, perhaps blinded by selfish interests. I am discussing these two topics because of their places in our democracy, especially in the dispensation of the current government. A dictionary defines nepotism as: “the practice by those with power and influence of favouring relatives and friends, especially by giving them jobs” When some of us criticised the  emerging trend of giving most top government jobs to Muslim-Northerners, with some spinoffs to the South West while the South East and South-South were almost completely sidelined, many Nigerians waved away our concern as “petty”. One of our erudite professors (I withhold his name to avoid making him the focus of this write-up) told the media that it did not matter if all the jobs in the government were given to people ...

Solskjaer confirms Chelsea target is set to leave Man Utd for free - The Great Case

How to Seduce Straight Guys Astana’s Romanian midfielder Dorin Rotariu and Manchester United’s midfielder Angel Gomes vie for the ball during the UEFA Europa League group L football match between Astana and Manchester United in Nur-Sultan on November 28, 2019. (Photo by stringer / AFP) Ole Gunnar Solskjaer says it “doesn’t look like” talented youngster Angel Gomes will be staying at Man Utd. The highly-rated 19-year-old – who has been heavily linked with Chelsea – came through the Old Trafford giants’ academy and has made his debut aged 16 in May 2017, becoming the youngest player since Duncan Edwards to feature for the first team. But Gomes has only made 10 first-team appearances and contract talks reached a roadblock, with Solskjaer now expecting the Man Utd midfielder to leave when his contract expires on Tuesday. Asked if the 19-year-old would be staying at the club, the United boss said: “I’ve got no news, nothing, so it doesn’t look like it.” ALSO READ:  Burnley skip...

Tech giant to acquire autonomous vehicle start-up Zoox for over $1bn - The Great Case

How to Seduce Straight Guys Amazon.com has agreed to pay over US$1-billion to buy self-driving start-up Zoox, The Information reported on Thursday, citing sources, in a move that would expand the e-commerce giant’s reach in autonomous vehicle technology. The report did not mention the exact purchase price and added Amazon is unlikely to disclose it when the deal is announced, likely to be on Friday. A majority of Zoox investors are getting their money back, with some making a positive return, the report added. Lux Capital, DFJ and Atlassian co-founder Michael Cannon-Brooks are some of the investors. ALSO READ:  Apple beat rivals to secure new Scorcese, De Niro, DiCaprio film Amazon and Zoox did not immediately respond to a request for comment. The Wall Street Journal reported last month that the companies were in advanced talks and the deal could value Zoox at less than the $3.2-billion it achieved in a funding round in 2018. Amazon has stepped up its investment in the car...