Most Nigerian homes, especially in the Southwest region, who consume good quantity of pepper, may have to endure the current high price of the commodity in the market. For now, according to The Guardian survey, […]
Multichoice Nigeria, parent company of DStv, says it may consider the pay-as-you-consume (PAYC) payment option in the future. The proposed pay-as-you-consume pricing scheme allows users pay according to their effective resource consumption excluding interference. Guardian […]
The Federal Inland Revenue Service (FIRS) says incidences of multiple taxation will soon end because it has started harmonising taxes to be paid. NAN reports that Babatunde Fowler, executive chairman of FIRS, announced this on […]
Forte Oil has said it plans to sell its upstream services and power businesses in Nigeria and divest from Ghana to focus on its core fuel distribution operation at home, according to a report by […]
De-United Foods Industries Limited (DUFIL), makers of Indomie noodles, have acquired the food unit of May & Baker Plc, makers of Mimee noodles. In November 2017, Dangote Food, makers of Dangote noodles, sold two of […]
Bureaux de Change operators in the country say they will now offer digital services with launch of their new website, www.naijabdcs.com. Speaking at the unveiling of the website on Wednesday, Aminu Gwadabe, president of the […]
I was a guest at a Lagos-based TV station’s morning breakfast show the other day to discuss issues that bordered on the current level of Nigeria’s foreign reserves at $47bn. The Central Bank of Nigeria […]
The Nigerian economy will attain Paris Club status (lender country to the International Monetary Fund, the alter ego of the World Bank) within 10 years if the country’s ample human, natural and financial resources are […]
The Central Bank of Nigeria says the daily limit of funds transfer from mobile phones using short codes will now be N100,000. In a circular released on Thursday and signed by Dipo Fatokun, director, banking […]
Approve 40 kobo final dividend Shareholders of Access Bank Plc have commended the lender and other consortium of banks for their involvement in the $1.72 billion Etisalat loan facility, which saved the company from total […]
Lagos – As the 90 days deadline given to declared winner of the bid for 9mobile, Teleology Holdings, to pay the balance of its bid price draws near, the unending drama that has dogged the […]
Zenith Bank has now become a major issuer of Verve cards and has commenced distribution to its customers nationwide. This development is expected to help Zenith bank customers gain access to the numerous benefits of […]
The Central Bank of Nigeria says the daily limit of funds transfer from mobile phones using short codes will now be N100,000. In a circular released on Thursday and signed by Dipo Fatokun, director, banking […]
The management of Diamond Bank says it has disposed its entire shares in its UK subsidiary to a member of the GFG Alliance. This, it said, is in line with its objectives of streamlining its […]
The National Identity Management Commission has said that it cannot produce national identity cards for everyone who enrolled for it despite the huge public clamour for it. According to the commission, national identity cards that […]
The Corporate Affairs Commission (CAC) says it has removed proficiency certificate from its list of requirements for business registration. The commission said the removal is part of its reform initiatives and review of its checklist […]
Only a paltry five million vehicles with genuine insurance policies captured on the Nigeria Insurance Industry Database (NIID) have legitimate insured vehicles in Nigeria. The development shows how widespread the problem of fake vehicle insurance […]
Recent data provided by the World Bank says 118 million Nigerians do not have bank accounts. The information was made available in the latest Global Findex Database report released on Thursday at the ongoing Spring […]
Boston Consulting Group (BCG) has listed Dangote Group, Globacom and Guaranty Trust Bank among six Nigerian companies driving amalgamation of economic activities in Africa. BCG listed the companies in its report entitled, ‘Pioneering One Africa: […]
The Federal Government has been urged to reverse its decision to increase the excise duty on locally produced alcoholic beverages and tobacco as the policy is capable of affecting the over N420bn investments so far […]
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