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First City Monument Bank (FCMB) has named Yemisi Edun as its acting managing director following Adam Nuru’s paternity scandal.
Before her appointment which is subject to confirmation by the Central Bank of Nigeria, Edun held the position of executive director.
The bank had in a public notice on Tuesday said Nuru proceeded on leave. It also said the move would guarantee the sanctity of the investigation against allegation of unethical behaviour against him.
Nuru is being accused of having two children with a former FCMB employee Moyo Thomas who was married to Tunde Thomas. The alleged relationship, his accusers say, led to the death of Mr Thomas.
Omolabake Fasogbon
The Chartered Institute of Taxation of Nigeria, (CITN) has advised the federal government to consider a more holistic review of tax incentives regime in the country.
The institute stated this at its 2020 dinner & award ceremony, held in Lagos recently.
The President of CITN, Olajumoke Simplice, while commending government for being consistent with tax law reviews, also harped on the need for effective structure of tax incentives.
She said, “CITN is delighted that the federal government has sustained the review of the tax laws as an annual affair. This attests to government’s seriousness in addressing the revenue challenges that we face as a nation.
Nigeria Needs More Women in Governance - Lawan allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
TODAY
December 14, 2020
The Senate President, Ahmad Lawan, has said that for appreciable development to take place in the country, more women must be regarded and enlisted to take up more spaces in governance.
He said the 51 per cent ratio of women to men cannot be underestimated, urging that the country should learn from the Chartered Institute of Taxation of Nigeria (CITN) and give more women positions of authority.
Lawan, who spoke on Monday at the investiture of Mrs. Clara Nnachi when she was decorated as the sixth Chairman of the Abuja District Society of the CITN, observed that the National President of CITN, Gladys Olajumoke Simplice, is a woman and Clara, wife of Senator Michael Nnachi, representing Ebonyi South, is also a woman.
By Elizabeth Osayande
The 14th President and Chairman of Council, Chartered Institute of Taxation of Nigeria, CITN, Dame Gladys Simplice, has stated that joining tax profession now was challenging due to the effects of the Covid-19 pandemic.
Speaking at the recent 43rd induction ceremony of the Institute, Simplice called on the inductees to show professionalism and expertise in their dealings as tax officers.
She said: “The outbreak of the coronavirus and its aftermath has brought unimaginable consequences on the world scene. Unemployment rates have doubled, economic growth has slowed down, production levels are on the low, to mention but a few.