Africa IMF: coronavirus means 2020 growth will be lower than 2019 Mar 5, 2020 0 The International Monetary Fund is to offer $50bn (£39bn) in emergency funding for countries hit by the…
Africa Moving goods from Apapa port 10 times costlier than Ghanaian, South African ports Mar 5, 2020 0 A research carried out by SBM Intelligence has shown that it is 10 times costlier to move goods from the port in…
Banking Next Bank of England governor calls for funds for coronavirus-hit firms Mar 5, 2020 0 The incoming governor of the Bank of England, Andrew Bailey, has called on the government to offer emergency…
Local CBN widens activities of Mfbs to include issuance of CPs Mar 5, 2020 The Central Bank of Nigeria (CBN) has widened the permissible activities of Micro Finance Banks (MfBs) to include…
Local Forex racketeering: Reps probe CBN, FIRS, others over $30bn leakages Mar 5, 2020 0 The House of Representatives has resolved to investigate the Central Bank of Nigeria and the Federal Inland Revenue…
Africa South Africa Central Banker Sees No Need for Emergency Rates Meeting Mar 5, 2020 0 South Africa’s central bank sees no need for an emergency meeting on interest rates and will wait for its regular…
Africa Nigeria Senate Approves President’s $23 Billion Loan Request Mar 5, 2020 0 Nigeria’s Senate approved President Muhammadu Buhari’s plan to borrow $22.7 billion from external creditors to…
Business Vitafoam reassures as shareholders okay N525.4m dividend Mar 5, 2020 0 THE board and management of Vitafoam Nigeria Plc yesterday reassured shareholders and other stakeholders that the…
Business Court grants claim for breach of contract against Shell Mar 5, 2020 0 A Lagos High Court has set aside the arbitral tribunal award, which dismissed Global Gas and Refining Limited’s…
Banking Zenith Bank Emerges As The Most Valuable Banking Brand Mar 5, 2020 0 ZENITH Bank Plc has again emerged as the Most Valuable Banking Brand in Nigeria in the recently released Banker…
Africa Report Says Port Transport Is 10 Times Costlier In Nigeria Than Ghana, SA Mar 5, 2020 0 Local transportation of goods from Apapa and Tincan Island ports in Lagos costs up to 10 times higher than the…
Local Ikeja Electric Gets New CEO Mar 5, 2020 0 Ikeja Electric Plc, one of the nation’s power distribution companies, has announced the appointment of Mrs Folake…
Business FEC okays $2.571b Ajaokuta-Kaduna-Kano gas project Mar 5, 2020 0 THE issuance of a sovereign guarantee to the tune of 85 per cent of the Engineering Procurement and Construction…
Africa Coronavirus: Nigeria may review 2020 budget – minister Mar 5, 2020 0 The fast-spreading coronavirus from China is threatening Nigeria’s main source of revenue – oil. To this end,…
Business Nigerians, operators kick as FIRS plans to impose VAT on sports betting Mar 5, 2020 0 For a while, the sports betting industry in Nigeria has been rife with the news that the Federal Inland Revenue…
Business Pricing, infrastructure imbalance worsening Nigeria’s CNG investments deficit –… Mar 4, 2020 0 Inappropriate pricing, infrastructure shortages and absence of a regulatory agency are partly responsible for…
Banking Global bankers’ committee reviews banking risks Mar 4, 2020 0 The Basel Committee on Banking Supervision has concluded a two-day meeting in Basel during which the global…
Local FIRS eyes N4trn tax revenue from oil firms Mar 4, 2020 0 In its bid to meet government’s 2020 revenue target, the Federal Inland Revenue Service (FIRS) on Tuesday said it…
Features How Economic Crisis forced 42 Lagos SMEs to shut down Mar 4, 2020 0 At least 42 Small and Medium Enterprises in Lagos have been forced to shut down due to huge losses resulting from…
Banking Obiora assumes duty as CBN Deputy Governor Mar 4, 2020 0 KINGSLEY Obiora has assumed duty as Deputy Governor of the Central Bank of Nigeria (CBN). He replaces Okwu…
Banking Despite Stamp Duty Charge, PoS Transactions Hit N874bn In 3 Months Mar 4, 2020 0 Despite the implementation of the stamp duty charge of N50 on Point of Sale transactions above N1,000, the value of…
Business Dangote Refinery to employ over 70,000 workers, says CBN Mar 4, 2020 0 Central Bank of Nigeria (CBN) Governor Godwin Emefiele has said Dangote Refinery will employ over 70,000 Nigerians…
Features Tax compliance in Nigeria laborious – Taxaide boss Mar 3, 2020 0 The Chief Executive Officer Taxaide, Bidemi Olumide, has said that the process of collecting, computing and paying…
Business Carbon launches USSD service to enhance access to finance Mar 3, 2020 0 Carbon, the Pan-African digital financial services company, has introduced a USSD service to its platform, making…
Investing No more reward for bogus investors – Ahmed, Finance Minister Mar 3, 2020 0 For bogus investors, the honeymoon is over! It is not going to be business as usual in Nigeria as the Minister of…
Investing Sanwo-Olu lauds Afriland’s Investment in Infrastructure Mar 3, 2020 0 LAGOS State Governor, Babajde Sanwo-Olu has praised Afriland Properties Plc for the renovation and inauguration of…
Local Equities lose N209b amid panic selloffs Mar 3, 2020 0 NIGERIAN equities lost N209 billion on Monday as investors overlooked earnings and dividend yields and opened up…
Features NCC empowers students, others Mar 3, 2020 0 No fewer than 60,000 administrators, students, academics and teachers have been sponsored and trained in various…
Technology BMW releases details of its new electric car to rival Tesla Mar 3, 2020 0 BMW released Tuesday the details of an electric concept car, with production of the vehicle expected to start…
Business Coronavirus: Cost of Chinese products in Nigeria surge Mar 3, 2020 0 Prices of Chinese phones imported into Nigeria have reportedly risen exponentially over the past couple of weeks…