FIRS to commence recovery of unremitted tax deductions by states, LGs
By JOY ADARA, Abuja – The Federal Inland Revenue Service (FIRS) has stated that it will commence the process of enforcement and recovery of unremitted […]
BUSINESS
FEC approves NNPC, ECOWAS deal on Nigeria-Morocco gas pipeline
The Federal Executive Council (FEC) has given approval for the NNPC to enter into agreement with ECOWAS for the construction of the Nigeria-Morocco Gas Pipeline. […]
Namibia-Nigeria volume of trade hits $10m, says envoy
The volume of trade between Namibia and Nigeria has hit 10 million dollars, says Mr Humphrey Geiseb, High Commissioner of Namibia to Nigeria. Geiseb said […]
NCC, Stakeholders chart new path to effective telecoms regulation, industry growth
…As NCC’s Second Telecoms Leadership Summit holds in Lagos The Nigerian Communications Commission (NCC) has hosted the second edition of the Nigerian Telecoms Leadership Summit, […]
Nigeria’s crude oil production increases by 70,000bpd – Reuters Survey
Nigeria’s crude oil production has increased by 70,000 barrels per day in May according to a Reuters Survey released on Tuesday. The document, which was […]
Excitement in shareholders’ camp as FirstBank sheds NPL burden
With a significant cut in its impairment charges (which translates into a clean loan book) in its 1Q, 2022 results, after it successfully brought down […]
Customs will generate $176bn in 20 years through e-Customs project —CGC
The Nigeria Customs Service (NCS) says it will generate a whopping revenue of $176 billion over the next 20 years through the implementation of e-customs project.
Nigeria to enjoy preferential trade access to U.S. market — Ambassador
By JOY ADARA, Abuja – The U.S. Ambassador to Nigeria, Mary Leonard, says Nigeria will continue to be eligible for preferential trade access to U.S. […]
Forex inflow: CBN tasks banks to support indigenous companies
The Central Bank of Nigeria (CBN) has urged Nigerian banks to support indigenous companies in order to increase foreign exchange inflows and boost economic growth. […]
How Unity Bank ‘yanga’ will empower underbanked women entrepreneurs – Official
Mr Olufunwa Akinmade, Divisional Head, Retail, SME Banking and E-Business, Unity Bank Plc, has described the bank’s latest retail product ‘Yanga’ as a unique product […]
FirstBank bounces back to its leadership position, delivers a fantastic performance in 2021
As financial market analysts continue to digest the 2021 financial results of the FirstBank Limited, which they say reflect the return of the banking conglomerate […]
After 2 days of gains, naira depreciates, exchanges at 418.88 to dollar
After appreciating for two days, the Naira on Thursday dipped against the green back by 0. 21 per cent at the Investors and Exporters window. […]
MTN, DSTV, others emerge winners at Brand Africa award
MTN and DSTV were among 100 companies that bagged outstanding awards at the 2022 edition of the Brand Africa Award ceremony on Wednesday. Brand Africa […]
Ecobank Transnational Incorporated shareholders get $40 million dividends payout -Group CEO
The Ecobank Transnational Incorporation (ETI), the parent company of the Ecobank Group, has paid out a total dividend of 40 million dollars to shareholders. The […]
“NCC committed to promoting organizational efficiency, capacity building” – Danbatta
…set to strengthen strategic collaboration with NIM The Nigerian Communications Commission (NCC) has once again reiterated its stance on professionalizing its workforce and strengthening collaborations […]
We’re committed to promoting organizational efficiency, capacity building – NCC
By JOY ADARA, Abuja – The Nigerian Communications Commission (NCC) has reiterated its stance on professionalizing its workforce and strengthening collaborations with strategic partners such […]
CBN increases funding in economic intervention schemes, disburses N1trn to farmers
The CBN has increased its funding and interventions in various sectors to boost economic growth. Governor of the CBN, Mr Godwin Emefiele, said this on […]
MPC: Mixed reactions greet interest rate hike by CBN
The decision of the Monetary Policy Committee of the Central Bank of Nigeria (CBN) to raise the benchmark interest rate to 13 per cent was […]
CBN raises MPR to 13%, retains other parameters
For the first time in over two years, the Central Bank of Nigeria (CBN) has increased the Monetary Policy Rate (MPR) to 13 per cent. […]
Nigeria’s GDP records 3.11% growth in first quarter
Nigeria’s Gross Domestic Product (GDP) grew by 3.11 per cent (year-on-year) in real terms in the first quarter (Q1) of 2022, the National Bureau of […]