Financial Consulting Services

Often times companies are denied access to loan by the financial institution simply because they did not meet the lending requirements. Some companies are not knowledgeable and diligent enough to provide the required information to aid the financial institutions in credit evaluation.

The banks have been criticized by many and accused of not lending to small and medium size companies. The problem will not be solved by condemnation of the bank but by providing what is required.

We in ELVIS ONUORA & CO. are well equipped to guide SMEs to accessing good and competitive credits from financial institution.

We provide our clients with quality advise on the best type of funding for their businesses. This includes:
• Private equity/placement
• Term loan
• Overdraft
• Lease
• Sales and lease back etc.

If your business is in need of funding, contact us for necessary advice.

Elvis Onuora & Co.
Maanah Plaza
19 Araromi Street
Off Moloney Street
Onikan Lagos
Tel: 08023204138

Edward Adamu appointed new AMCON boss

The Central Bank of Nigeria (CBN) Deputy Governor, Edward Adamu has been appointed Chairman of the Asset Management Corporation of Nigeria (AMCON).

According to The Cable, President Muhammadu Buhari announced Adamu’s appointment in a letter sent to the senate.

The letter dated Monday, December 9, 2019, reads, “In accordance with Section 10(1) of the Asset Management Corporation of Nigeria (AMCON) Act, 2010, I hereby present Mr. Edward Lametek Adamu for confirmation as Chairman of the Asset Management Corporation of Nigeria by the Distinguished Senate.

“While hoping that this request will receive the usual expeditious consideration of the senate, please accept, Distinguished Senate President, the assurances of my highest consideration.

Until his appointment, Adamu served as the Director of Human Resources at the CBN, and subsequently replaced Suleiman Barau as the Deputy Governor of the apex bank.

FG appoints new Chairman of FIRS

President Muhammadu Buhari, on 9th December 2019 approved the appointment of Mr. Muhammad M. Nami as the new chairman of the Federal Inland Revenue Service (FIRS).

He replaces Mr. Tunde Fowler, whose tenure expired on Monday, 9th December 2019.

He is a tax consultant and graduate of the Ahmadu Bello University, Zaria, Kaduna State.

“Mr. Muhammad, a well-trained tax, accounting and management professional with highly rated qualifications and professional practice and licenses from relevant professional bodies, has almost three decades of practical work experience in Auditing, Tax Management and Advisory and Management services to clients in the banking, manufacturing, services and public sectors as well as non-profit organisations,” the Presidency said in statement by spokesperson, Garba Shehu.

Buhari also approved the composition of the board of FIRS.