Business
Zenith Bank gets approval to operate as HoldingCo
The Central Bank of Nigeria has given approval in principle to Zenith Bank to operate as a financial holding company.
In a statement signed by the Company Secretary, Michael Otu, on Friday, the company revealed plans to change its organisational structure.
With this change, the organisation will have a banking subsidiary along with other subsidiaries in the financial services sector.
Part of the statement read, “The CBN has granted approval-in-principle for Zenith Bank to operate a non-operating financial holding company structure.
“Furthermore, the CBN approved Mr Jim Ovia as the Chairman of Zenith Holdco Plc (in-formation and for Mr Jim Ovia to also continue as the Chairman of Zenith Bank until the commencement of Zenith Holdco.”
This move will increase the number of banks operating as a financial holding company in the country.
Business
FG releases funds for NASU salaries, retirees’ benefits
The Federal Government has released funds to settle outstanding salaries owed to members of the Non-Academic Staff Union of Federal Universities and pay benefits to retirees under the Nigerian Union of Pensioners Contributory Pension Scheme.
In a statement on Saturday by Bawa Mokwa, Director, Press and Public Relations, the Office of the Accountant-General of the Federation confirmed that payments to NASU members have commenced, with many already confirming receipt.
The statement read, “The Federal Government has released funds for payment of withheld salary of Non-Academic Staff Union of Federal Universities.
“According to the OAGF, the Federal Government has also released funds for payment of benefits to retirees under the Nigerian Union of Pensioners Contributory Pension Scheme Sector.
“The OAGF said payments to the Non-Academic Staff of Federal Universities had commenced and many have confirmed receipt.”
The OAGF reaffirmed the Federal Government’s commitment to the welfare of Nigerian workers and retirees.
On Monday, the Joint Action Committee of SSANU and NASU embarked on an indefinite strike over its four months of withheld salary.
Business
Tax reform bills will not be withdrawn from national assembly, says Tinubu
President Bola Tinubu says the tax reform bills will not be withdrawn from the national assembly as recommended by the national economic council (NEC).
In a statement on Friday, Bayo Onanuga, special adviser to the president on information and strategy, said Tinubu received NEC’s recommendation, however, the president said the legislative process should continue.
Business
FIRS seeks tax officers as recruitment begins today
The Federal Inland Revenue Service (FIRS) says its application portal for the recruitment of tax officers will officially open on November 2.
The FIRS, on its official account on Friday, announced that it is inviting interested candidates to apply for officer II and officer I positions in eight states, including Abia, Anambra, Ebonyi, Enugu, Imo, Ekiti, Lagos, and Oyo.
According to the service, eligible candidates must be 27 years old or below by December 31, 2024, and must have completed the National Youth Service Corps (NYSC) programme by no later than December 31, 2021.
“Applicants must possess a Bachelor’s Degree (or HND) in First Class/Second Class Upper Division in any of the following disciplines: Accounting, Actuarial Science, Business Information Systems, Computer Engineering, Computer Programming, Computer Science, Digital/Electronic Marketing, Economics, Engineering, Financial Management, Graphic Arts, Graphic Design, Law, Management/Business Administration, Market Research, Mathematics, Statistics, Taxation, Visual Arts,” the FIRS said.
“Note: Relevant master’s degrees and professional affiliations (e.g., ICAN, ACCA, ANAN, COREN, NSE, etc) will be an added advantage.
“Interested candidates should submit their applications via the official FIRS recruitment portal: www.firs.gov.ng/careers.
“Candidates must apply to only one of the specified locations. Women, minorities, and persons with disabilities are strongly encouraged to apply. Be cautious of fraudulent recruitment activities; only use the official FIRS website for applications. Regardless of the positions advertised, successful candidates must be prepared to work in any of FIRS’s business locations.”
The FIRS said only shortlisted candidates will be contacted for further assessments, which may include aptitude tests, interviews, and medical examinations.
The service said the application deadline is November 14, 2024.
The tax agency reiterated its commitment to promoting equal opportunities for all eligible candidates, regardless of gender, ethnicity, or background.
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