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Business
CBN Injects $210 Million In Interbank Forex Market
The Nigerian Inter-bank foreign exchange market received another boost of 210 million dollars from the Central Bank of Nigeria (CBN) after transactions on Tuesday, July 23.Isaac Okorafor, the CBN Director, Corporate Communications…
FIRS Set To Launch New Universal TIN That Will Make It Hard To Avoid Paying Tax
The Chairman of the Joint Tax Board (JTB) and Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, has disclosed that the tax agency is set to launch a new Tax Identification Number registration system to boost tax compliance…
Court Orders Shell To Pay $17.9 Million To FIRS
A Federal High Court,in Lagos south west Nigeria, Presided over by Justice Chuka Obiozor, on Friday ordered four multinational Oil companies, namely Shell Nigeria Exploration and Production Company Limited, Esso Exploration and…
CBN Injects $210m Into Forex Market
The interbank segment of the Foreign Exchange Market has received a boost of $210 million from the Central Bank of Nigeria (CBN) following sales concluded last Tuesday.
Figures obtained from the CBN indicated that authorized dealers…
Osibanjo Extends N5,000 Business Registration Deadline Till July 31
From May 1 to July 31, business registration will cost only N5000, Vice-president Yemi Osinbajo has said.
Spurred by the successes recorded in the first 50% discount window for business registration in Nigeria, the federal…
GTBank Releases Q1 Unaudited Results, Reports Profit Before Tax Of N57.0Billion
Guaranty Trust Bank plc has released its unaudited Financial Results for the quarter ended March 31, 2019, to the Nigerian and London Stock Exchanges.
The Bank recorded positive performance across all financial metrics with gross…
Tony Elumelu Foundation Hosts European Commission, Leading Development Finance Institutions and…
•Highlights the Relevance and Urgency to Support Entrepreneurial Led Economic Growth in Africa
At a time when Europe’s relationship with Africa is high on foreign policy and developmental agendas and with the European Union beginning…
Fidelity Bank Grows Profits By 30.6% To N25.1BN
Fidelity Bank Plc, in a clear demonstration of its resilience and stability, has announced an impressive financial result for the year-ended December 31, 2018. The performance which capped a remarkable year, showed strong growth in…
GTBank Dominates CBN E-Payments Awards, Wins 8 out of 12 Banking Honours
Guaranty Trust Bank plc continued its dominance of Nigeria's most qualitative digital financial service awards for the fourth year in a row, winning eight of the twelve honours available to Banks in the 2019 edition of the Central Bank…
#SheVentures – 4 Reasons Every Nigerian Business Woman Should Seriously Consider This New…
Reports show that women make up 49% of Nigeria’s adult population. However, only about 42% of them have access to formal financial services. Moreover, 42.7% of Nigerian women are business owners out of which only an estimated 2% have…
UBA Group Launches Full Banking Operations in the UK
London, March 1, 2019, three weeks after the UBA group launched its operations in Mali, the global financial city of London hosted a high level gathering of business and public sector leaders on Thursday February 28, 2019, as the new…
Aliko Dangote Gains $5.8bn, Moves From 103rd To 64th Richest Person In The World
The President, Dangote Group, Aliko Dangote has become the subject of prayer points and serious business conversations after it emerged that he gained $5.8bn , skyrocketing his total net worth to $16.6bn on Tuesday.
Bloomberg…
NNPC Needs $12 Billion To Replace Dilapidated Pipelines – Report
A study carried out on the operational status of the over 5,000 kilometres of pipeline network belonging to the Nigerian National Petroleum Corporation (NNPC) across the country, has revealed that the pipeline network would need $12 billion…
The Difference N1000 Can Make
Ever thought that only N1000 can help you start the journey to long-term wealth and rewrite your story? Do you wish your money could work for you while you hustle, allowing you to spend yet still plan for a future with no financial…
Exchange Rate For November 30 2018
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