FIRS and NCDMB Offer a 20% Tax Refund to Encourage Investment in the Oil Business.
Oil and gas businesses seeking to lower their tax obligations and increase profitability by investing in R&D…
Banks Reimburse Consumers with Soiled, Damaged Notes, Easing the Cash Shortage.
This comes after numerous commercial banks over the weekend paid consumers with naira notes in person and through…
Firm will Introduce Merchant Financing Program.
Akshay Grover, the chief executive officer of the Pan-African fintech company Cellulant Group, which has…
Oseni Becomes the Next Substantive MD of Wema Bank.
Moruf Oseni will serve as the managing director and CEO of Wema Bank Plc, with effect from April 1, 2023.…
Lack of Foreign Currency and Rising Aviation Fuel Prices are to Blame for Higher…
Airlines have faced significant challenges as a result of the high cost of aviation fuel, which accounts for a…
World Bank Announces Ajay Banga As Sole President-Nominee
The Board of Executive Directors of the World Bank Group confirmed that US citizen Ajay Banga was the only…
Insurance Industry Growth Policies are Sought by Loss Adjusters.
In order to fully utilize the potential of the insurance sector, the Institute of Loss Adjusters of Nigeria has…
NITDA Advises SMEs to Use Digital Technologies.
According to the National Information Technology Development Agency, if entrepreneurs running Micro, Small, and…
A Firm Promotes Sustainable packaging
Tetra Pak, a provider of food processing and packaging solutions, has launched its "better with carton" campaign…
UBA Increases Profit by 31% to N201 billion.
United Bank for Africa said that its 2022 financial period saw a N201 billion profit before taxes. This…
FirstBank Renamed its Subsidiaries in the UK and Africa.
The United Kingdom and Sub-Saharan Africa subsidiaries of First Bank of Nigeria Limited have received notice of a…
According to the UN, 64.3 million Nigerians Lack Access to Sufficient Food.
According to the World Food Programme, a part of the United Nations, 32% (64.3 million) of Nigerians do not have…
NICA Establishes Governance Committees
The National Institute of Credit Administration's governing council has established committees, which were…
Seafarers Claim that 4,000 Ships Berth in Lagos Ports Each Year.
The Mission to Seafarers, Lagos, a maritime organization, has revealed that 4,000 ships call at Lagos ports each…
Lagos and Fintech Sign an Agreement to Increase IGR
A Memorandum of Understanding between the Lagos State Government and eTransact has been struck in order to control…
Oando Earns a Profit of N34.7 billion.
Oando Plc, an energy firm, reported that its earnings after tax increased to N34.7 billion in the fiscal year…
Alison-Madueke, Aluko, and Omokore’s Fraud Proceeds were Recovered by the US…
The U.S. Department of Justice said that two civil actions seeking the forfeiture of different opulent assets that…
Moribund Mills: Swallow N1.63 trillion in Paper Imports in Five Years
Nigeria spent N1.63 trillion on the importation of paper and related products in the last five years despite…
US Increases Non-immigrant Visa Application Fees
A rise in some non-immigrant visa application (NIV) processing fees has been announced by the US.The increases…
FEC Approves N24.2 Billion For Free WiFi At Markets And Airports.
The Nigerian cabinet has approved N24.2 billion for the installation of Internet access at 20 airports, several…
Government and Investors to Install 1,000 Mini-Grids Nationwide
The deployment of 1,000 mini-grids to electrify rural towns around the nation was started by the federal…
NDDC Adopts a New Youth Development Program.
According to the Niger Delta Development Commission, a novel idea for collaborating with the Niger Delta Chamber…
Russia-Ukraine Conflict Could Spur Food Production in Africa – Osinbajo
Vice President Yemi Osinbajo said the ongoing situation between Russia and Ukraine should serve as a wake-up call…
Under Non-disclosure Agreements, Ghana’s Bondholders’ Counsel Begin…
A group of foreign private lenders are represented by Rothschild & Co., while the government, which froze…
Equity and KCB Put Pressure on Safaricom.
Equity Group is now spearheading a banking industry assault for the title of East Africa's most profitable…
Insurance GPI Increases by 36.3% to N726.2 billion, While Claims Payments Increase…
The industry has seen a 36.3 percent increase in Gross Premium Income (GPI) quarter over quarter and a 17.8% year…
Paystack CEO Purchases a 55% Share in a Danish Soccer Team.
Shola Akinlade, co-founder and CEO of Paystack, has acquired a 55% ownership position in Danish second-division…
$1.9bn Loss: Oil Theft Panel Charges Operators and Regulators.
Operators and regulators in Nigeria's oil sector have been charged with extensive acts of sabotage in the…
NNPCL to Increase Oil Reserves to 50 billion Barrels.
The Nigerian National Petroleum Corporation Limited declared on Tuesday that continued oil exploration in the…
Federal Government $22bn Loan Request Rejected by Chinese Bank.
On Tuesday, the House of Representatives accepted the federal government's proposal to borrow $973,474,971.38 from…