Business

The Chief Executive Office, of Landmark Africa Group, Paul Onwuanibe, has disclosed that the company paid over N10bn in taxes a year before the demolition of parts of its premises as a result of the construction of…

In this interview, the Speaker, of Oyo State House of Assembly and Chairman, the Conference of Speakers of State Legislatures, Adebo Ogundoyin, tells TOPE OMOGBOLAGUN about Constitution Amendment Bills, Tax Reform…

Fidelity Bank Plc has donated maternity kits to 30 pregnant women at Mushin Primary Health Centre, Lagos. The donation, organised by the Great Minds Inductees Class, was made possible through the Fidelity Helping…

Some Bureau De Change operators are still struggling to meet the fresh N2bn recapitalisation threshold of the Central Bank of Nigeria despite the extension they received in December. The President of the Association…

The prices of refined petroleum products may rise in the coming days following the increase in the cost of Brent, the global benchmark for crude. Crude oil is a major commodity that determines the prices of refined…

•Operators blame poor supply for move •FG laments exit from national grid As the country battles incessant blackouts, about 250 manufacturers and academic institutions have abandoned their respective…

The president of the Nigeria Labour Congress (NLC), Joe Ajaero, has stressed the need to address critical concerns within the Tax Reform Bill, given its implications on the workforce across the nation. Speaking at the…

Lionsgate’s heist film “Den of Thieves 2: Pantera” opened atop the North American box office this weekend with an estimated $15.5 million in ticket sales, industry watchers said Sunday. “This is a good opening for the…

*Highlights how FBN moved from loss position of N302bn to N151bn profit following oil coy’s intervention *Says without fulfilling existing pre-conditions, can bank truly keep its accounts?*Queries if deal was…

Cattle traders are facing an existential threat, especially in the northeastern part of Nigeria, with stakeholders calling for urgent intervention to save the sector.  Investigation by Weekend Trust revealed…

There is an uneasy calm in First Bank, Nigeria’s oldest financial institution, over an alleged bid by the chairman of the holding company, Femi Otedola to launch a N350 billion private placement. The development…

Many electricity consumers defaulted in the payment of electricity supplied to them in the nine months of 2024 to the tune of N348.84 billion. As only…

Latest report by the Nigerian Electricity Regulatory Commission (NERC) has revealed that the Eko and Ikeja electricity companies…

The Naira on Friday depreciated to N1,665 per dollar in the parallel market from N1,645 per dollar on Thursday. Similarly, the Naira depreciated to N1,544.5 per dollar in the official foreign exchange market.…

The Central Bank of Nigeria (CBN) has introduced the non-resident Nigerian ordinary account (NRNOA) and non-resident Nigerian investment account (NRNIA) for Nigerians in the diaspora. CBN announced the launch on…

…Crop production, telecoms emerge standalone sectors …Rebasing’ll ensure indicators accurately reflect current economic realities –NBS CEO Early…

Some stock market analysts have expressed concerns over the market capitalisation and share price movement of Geregu Power as well as that of FBN Holdings Plc, which are both listed on the Nigerian Exchange…

•Oil firm to sue for $1 billion damages over bank’s alleged breach of contract  •More shareholders oppose bank’s private placement More facts have emerged concerning the alleged failure of the First…

The Debt Management Office (DMO) has released a detailed report on the Nigeria Eurobonds’ performance, stating March 2029 Eurobond had a closing price of $97.375, translating to a yield of 9.016 per cent. The Debt…

Bismarck Rewane, the Chief Executive Officer of Financial Derivatives, has voiced his support for the proposed telecom tariff hike, emphasizing its potential to boost productivity and help moderate inflation in…

President Bola Tinubu on Thursday urged the Chinese government to increase the two billion dollar currency swap between Nigeria and China to enhance trade between the two countries. He also called for an upward review…

The group of shareholders of outraged shareholders of First Bank, Nigeria’s oldest financial institution who are are…

The 2024 Detty December season once again cemented Nigeria’s place as a cultural and entertainment powerhouse. Yet, it also…

A Federal High Court in Lagos State has granted an ex-parte order, effectively freezing General Hydrocarbons Limited's assets…