Mr Timothy Olawale

The Nigeria Employers Consultative Association has commended the Central Bank of Nigeria on its directive to commercial banks in Nigeria that they should maintain a minimum Loan Deposit Ratio of 60 per cent in order to boost the growth…

The Nigeria Employers’ Consultative Association (NECA) has commended the Federal Government on the recent signing of bilateral agreements between Nigeria and South Africa. Its Director-General, Mr Timothy Olawale, who spoke on Friday in…

The Organised Private Sector, OPS, has warned against immediate deployment of cashless policy as directed by the Central Bank of Nigeria, CBN, saying “the current business environment and available infrastructures are not ready for such…

By Babajide Okeowo Stakeholders in the Nigerian economy have posited that the timing of the increase in Value Added Tax, VAT rate from five percent to 7.2 percent was wrong and will lead to untold hardships on Nigerians. A former…

The Nigerian Employers’ Consultative Association (NECA) has reacted to the call by President Muhammadu Buhari on state governments to increase Value Added Tax (VAT) in an attempt to increase their Internally Generated Revenue (IGR).…

BABAJIDE OKEOWO The Nigeria Employers’ Consultative Association, NECA has commended President Muhammadu Buhari for assenting to the N30, 000 new national Minimum Wage Bill last week and demanded that he should ensure its implementation…

By Emeka Okoroanyanwu and Babajide Okeowo Christine Lagarde, the outspoken Managing Director of International Monetary Fund (IMF) stirred the honest nest last week when she called on Nigeria to remove fuel subsidy which reached an…

Nigeria’s influential employers union has warned the Federal Government not to go ahead with a proposal to increase the Value-Added Tax (VAT) charged in the country. On March 19, the Federal Inland Revenue Service hinted that it might…

The Organised Private Sector (OPS) says the Federal Government’s decision to stop sale of foreign exchange to importers of textile materials will revive the industry and save revenue. Mr Timothy Olawale, Director-General, Nigeria Employers’…