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RSG To Establish Best ICT Centre

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The Information and Communication Technology (ICT) centre being built by Zenith Bank Plc near Air Force Junction, on Aba Road in Port Harcourt will, on completion and handover to the Rivers State Government, be equipped to serve as one of the best of such facilities in Nigeria.

This indication was given by the Special Adviser on ICT to the Rivers State Governor, Mr. Goodliffe Nmekini, during a chat with media men in his office last Tuesday.

“We want to make it one of the best ICT centres in the country,” he said, while stating that the centre will be run by the state ICT Department and will provide training for members of the public at an affordable rate.

On the ICT training being organised for civil servants in the state, the SA said it is aimed at preparing such workers for the ongoing automation of government work process and to enhance the pursuit of transparency in the conduct of government business.

He further disclosed that among the 1,640 civil servants so far trained by the ICT Department since its inception in April 2008, are permanent secretaries, heads of government agencies and parastatals, including Directors of Finance and Accounts (DFAs) each of whom has since been issued with either a laptop or desktop computer by the state government.

The department is also planning to implement an Active Directory which will enable it manage resources from a central point and serve to secure any sensitive government information.

Another programme that is in the offing is the Electronic Document Management System which, according to Nmekini, will facilitate the sharing of information between government ministries and departments, especially where it concerns the tracking of files and other documents.

Five pilot centres have already been designated for the take-off of this project. These are, according to him, the Office of the Secretary to the State Government, Ministry of Environment, Ministry of Justice, Rivers State House of Assembly and the State ICT Department.

 

Ibelema Jumbo

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NSE Begins Week On Negative Note, Loses N19.49bn

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The Nigerian stock market began the week on a negative note as banking and consumer goods stocks, among others, triggered a N19.49bn loss.
At the end of trading on the floor of the Nigerian  Exchange Limited , the NGX All-Share Index dropped by 0.09 per cent to end at 43,270.94 basis points, while the market capitalisation declined to N22.58tn.
Market activities were mixed as the total volume of shares traded decreased by 30.19 per cent while the value traded rose by 34.05 per cent.
A total of 213.13 million shares valued at N2.36bn were exchanged in 4,105 deals, compared to 305.32 million shares worth N3.58bn in 4,450 deals last Friday.
FCMB Group Plc topped the traded stocks in terms of volume, accounting for 27.43 per cent of the total volume of trades while Airtel Africa Plc emerged as the most traded stock by value, representing 28.81 per cent of the total value of trades on the exchange.
14 firms gained compared to 21 losers.
AIICO Insurance Plc was the biggest gainer for the day, topping the gainers’ chart with a price appreciation of 8.57 per cent to N0.76 per share.
It was followed by LivingTrust Mortgage Bank Plc with a rise of 7.95 per cent, ending the day at N0.95 per share.
Analysing by sectors, three of the five major indices closed lower, led by NGX Oil & Gas (-0.56 per cent), NGX Consumer Goods (-0.23 per cent) and NGX Banking (0.18 per cent).
But the insurance (0.82 per cent) and industrial goods (0.002 per cent) indices gained at the end of trading.

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… Introduces TIES To Boost  Business Loan

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The Central Bank of Nigeria (CBN) has introduced the Tertiary Institutions Entrepreneurship Scheme (TIES), which provides undergraduates and graduates with a platform to access loans.
The TIES’ underlying aim is to provide access to capital for Nigerian undergraduates and graduates with innovative entrepreneurial and technological ideas from polytechnics and universities.
TIES intends to shift undergraduates and graduates away from white-collar job pursuits and towards a culture of entrepreneurship development for economic development and job creation.
In a national biennial entrepreneurship competition, the Developmental Component would be distributed in the form of awards to Nigerian polytechnics and universities.
The competition aims to increase undergraduates’ awareness and visibility of high-impact entrepreneurial/technological concepts, foster entrepreneurial talent hunts in Nigerian polytechnics and universities, and encourage commercially viable and transformative technologies.
Interested Nigerian polytechnics and universities shall apply to participate in the national biennial entrepreneurship competition on a dedicated online portal.
Outlining brief details of the project, potential impact and evidence of originality of project, CBN said it is an innovation for students entrepreneurs.

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CITN Applauds FG, Tax Authorities On Fiscal Policy Decisions

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The Chartered Institute of Taxation of Nigeria (CITN) has lauded the Federal Government and tax authorities on the giant strides made on fiscal policy decisions and tax administration measures initiated this year in the area of Finance Act 2021 and the introduction of TaxPromax solution.
President of the institute, Adesina Adedayo, who gave the commendation at the institute’s yearly award ceremony at the weekend in Lagos, assured the government and tax authorities of aligning with the measures and promised to provide professional thoughts and insights on ways through which they could achieve an efficient and effective Nigerian tax system.
Adedayo emphasised the need to address the database, adding that without knowing who the tax-payers are, there is no way they can take money from unknown tax-payers.
Database is the aspect we have been emphasising on as an institute and in doing this, there are so many of pockets of data we have. All the data must be harmonised to have a simple unique tax-payers identification number,” he said.

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