Business

The Central Bank of Nigeria, CBN has secured the help of Nigeria Security and Civil Defence Corps (NSCDC) Anti Corruption and Transparency Unit to help recover N296.6 million from farmers in Benue State. Speaking during a…

President/CE, Dangote Industries Limited and Africa’s wealthiest man, Aliko Dangote on Tuesday, January 1st, 2022 received the prestigious award of the ‘Champion of CILT’ in recognition of his personal and the group’s contributions and…

Regulators across the globe are getting more serious about crypto this year, as concerns grow about the environmental impact of crypto-mining and the use of digital assets for illicit activities. A Bloomberg report on…

The Federal Inland Revenue Service (FIRS) has announced that it would tax profits accruing from investments in bonds and short-term government securities by companies which would now be categorised as income tax. This, it…

Nigeria LP Gas Association has commended the Nigeria LNG Limited for the decision to supply 100 per cent of its LPG production to the Nigerian market. The President and Executive Council of NLPGA, Mr Nuhu Yakubu, described…

Major Bitcoin (BTC) investor ​​MicroStrategy has announced another major BTC purchase during a market dip to collect a total of 125,051 BTC as of Monday. According to an official form with the United States Securities and…

The Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has joined the Managing Director of Fidelity Bank Plc, Mrs. Nneka Onyeali-Ikpe and a host of dignitaries including…

The Central Bank of Nigeria (CBN) has okayed the appointment of Alhaji Ahmad Abdullahi as non-executive director of First Bank Holding Plc and chairman of the company to…

Col. Hameed Ali (rtd), the Comptroller General, Nigeria Customs Service (NCS), has raised concern over the Finance Act, saying that some sections of the Act negate its mandate of revenue collection. He raised the concern at…

The completion of the Lekki Port will put an end to the intractable Apapa gridlock, the congestion along Oshodi-Apapa Expressway, port access roads and Apapa environs, Governor Babajide…

The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday, inaugurated a rice milling factory in Kano State, with a capacity of 420 metric tonnes per day. The factory was established by a Kano businessman…

MTN Nigeria Communication Plc has said it now has 6.6 million Nigerians as direct or indirect shareholders as it made N111.75bn from its share offer to Nigerians. The telecommunications company said this in a statement titled…

MTN Nigeria Communications (MTNN) Plc has announced that its first public offer for sale of 575 million shares recorded an over subscription of 139.47 per cent. This is contained in a…

With the takeoff of its sugar tax that has seen the rise in prices of some soft drinks, carbonated drinks and sweetened beverages, the federal government is set to earn billions of naira…

The Manufacturers Association of Nigeria (MAN) has expressed concerns over the Central Bank of Nigeria’s (CBN) guidelines on e-Valuation and e-Invoicing; asking the apex bank to suspend the policy for now and give adequate…

Some banks are working hard to take over 60 per cent stakes in some power Distribution Companies (DisCos) from the core investors for failing to repay at least N819.9 billion acquisition…

The Central Bank of Nigeria (CBN) has reduced ATM withdrawal charges, inter-bank transfer fees as it issues a downward review of charges for electronic banking transactions in its revised guidelines to charges by Banks, Other…

…Ogun thumbs up cement company No fewer than 245 youths from Dangote Cement Ibese Plant’s 16 host communities have been trained and empowered till date in different skills since the commencement…

The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services provided to Nigerian customers. An NRC is a company not registered or…

Binance, one of the largest cryptocurrency exchanges in the world, says it restricted the accounts of 281 Nigerian users to prevent fraudulent activities and ensure the security of its…

Ten customers of Fidelity Bank Plc have become N1million richer having received their cash prizes for emerging winners in the January draw of the Bank’s Get Alert in Millions savings promo, season…

If you are one of those entrepreneurs who want “to chill with the big boys”, one name that would likely be on your top 100 Nigerian businessmen list is, Chief Dele Fajemirokun.…

After five months on the market, Leonardo DiCaprio has found a buyer for his Los Feliz home according to Mansion Global. The actor listed the five-bedroom, eight-bathroom property for $5.75 million in August, but after a…

The Central Bank of Nigeria (CBN) has amended the operational guidelines on global standing instruction (GSI). The GSI is a policy that allows banks to debit the accounts of loan holders in other banks to settle defaults. In a…