Dangote Group has emerged the most valuable brand in Nigeria for the third consecutive year. In the 2020 edition of the Annual Brand Evaluation, ‘Top 50...
The Federal Government is considering another tax exemption for small businesses in the draft Finance Bill 2020. According to the Fiscal Policy Reforms Committee, put together...
Moderna, an American biotechnology company, on Monday announced its COVID-19 vaccine was 94.5 percent effective in a trial of 30,000 patients. The well-received news bolstered the...
Both Godwin Emefiele, the Governor of the Central Bank of Nigeria, and the Group Managing Director of the Nigerian National Petroleum Corporation, Mele Kyari have been...
Nigeria’s inflation figures have now hit 14.23 percent according to the latest figures released on Monday by the National Bureau of Statistics (NBS). This is the...
Seplat Petroleum Development Company Plc has announced the currency exchange rate applicable in the determination of the third quarter 2020 interim dividend payment to shareholders. The...
A Federal High Court in Lagos has mandated Guaranty Trust Bank Plc and shareholders of the bank to convene a meeting on December 4, 2020, to...
Transnational Corporation of Nigeria Plc (“Transcorp”) has agreed to pay Sacoil Holdings Limited, now known as Efora Energy Limited, a total sum of $5.5 million over...
Access Bank Plc, one of Nigeria’s leading financial institutions, on Friday announced the appointment of Mr. Seyi Kumapayi and Mrs. Omosalewa Fajobi as Executive Director and...
President Muhammadu Buhari on Thursday signed the Banks and Other Financial Institutions Act 2020 into law. In a statement titled “President Buhari Assents to Banks and...
Nigerian Traders in Ghana under the auspices of Nigerian Union of Traders Association in Ghana (NUTAG) have asked the federal government to immediately evacuate them from...
The Kogi State government will introduce a new tax on every baked bread in the state, according to The Cable. The Ministry of Commerce and Industry...
The Bayelsa State Governor Douye Diri has successfully secured the approval of the state house of assembly to obtain N17 billion loan from multiple sources. The...
The Naira declined further against other global currencies at the black market on Thursday, according to various currency traders. The local currency extended its decline against...
The Central Bank of Nigeria on Tuesday warned financial institutions participating in the Private-Sector-led Accelerated Agriculture Development Scheme (P-AADS) against diverting funds meant for agricultural development...
The latest assessment has put the value of assets destroyed by hoodlums during the recent #EndSARS protest at about N5 trillion, according to the Nigerian Employers’...
For Nigeria’s infrastructure to deliver the kind of economic productivity needed to advance the nation’s growth, the Federal Government needs $15 billion annually for the next...
The Federal Executive Council (FEC) on Wednesday in Abuja, ratified Nigeria’s membership of the African Continental Free Trade Area Agreement (ACFTA) Minister of Information and Culture,...
Dangote Cement, the leading cement manufacturing company in Africa, has reacted to a report that it was exempted from border closure by President Muhammadu Buhari. The...
Founder, Stanbic IBTC Bank, Atedo Peterside, says the Nigerian economy is rigged in favour of a handful of well-connected persons. Atedo while reacting to the exemption of...