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Month: October 2023

Business News

Taiwo Oyedele lists recommendations of Nigeria’s Presidential Tax Committee (Full List)

Web AdminOctober 25, 2023October 25, 2023
President Bola Ahmed Tinubu received the report titled ‘Quick Wins within 30 days’ of the Presidential Fiscal Policy and Tax Reforms Committee led by its Chairman, Taiwo Oyedele, on Tuesday...
TAX VERDICT: Lagos Tribunal Orders MTN to Pay $72.5 Million in Back Taxes
Business News

TAX VERDICT: Lagos Tribunal Orders MTN to Pay $72.5 Million in Back Taxes

Web AdminOctober 25, 2023October 25, 2023
The Tax Appeal Tribunal of Lagos State has issued a ruling, mandating MTN Nigeria Communications to remit $72,551,059 in unpaid taxes to the Federal Inland Revenue Service (FIRS) for the...
Stanbic IBTC Pension Managers Announces N32 Million Prize in FUSE Talent Hunt for Creative Young Nigerians
Business News

Stanbic IBTC Pension Managers Announces N32 Million Prize in FUSE Talent Hunt for Creative Young Nigerians

Web AdminOctober 25, 2023October 25, 2023
Stanbic IBTC Pension Managers is set to reward young Nigerians with a total of N32 million in the second edition of its FUSE Talent Hunt. This platform is designed to...
Federal Government Announces 33% Reduction in Port Terminal Charges and 100% Increase in Bulk Cargo Fees
Business News

Federal Government Announces 33% Reduction in Port Terminal Charges and 100% Increase in Bulk Cargo Fees

Web AdminOctober 25, 2023October 25, 2023
The Federal Government, acting through the Nigerian Shippers Council (NSC), has implemented a 33% reduction in port terminal charges, marking a decrease from the previously proposed increase of 400% to...
Federal Government Faces N12.4 Trillion Revenue Loss from Tax Exemptions and Waivers Over Four Years
Business News

Federal Government Faces N12.4 Trillion Revenue Loss from Tax Exemptions and Waivers Over Four Years

Web AdminOctober 25, 2023October 25, 2023
The Federal Government of Nigeria is set to forgo a substantial N12.384 trillion in tax waivers, concessions, and incentives over a four-year period from 2023 to 2026. The beneficiaries of...
OPEC Secretary General Calls for $14 Trillion Investment to Meet Soaring Global Oil Demand
Business News

OPEC Secretary General Calls for $14 Trillion Investment to Meet Soaring Global Oil Demand

Web AdminOctober 24, 2023October 24, 2023
The Secretary General of the Organisation of Petroleum Exporting Countries (OPEC), Haitham Al Ghais, has emphasized the need for a substantial investment of $14 trillion between 2023 and 2045 to...
Africa Predicted to Witness Surge in Millionaires, with 195,000 Expected by 2032, Reveals Wealth Report
Business News

Africa Predicted to Witness Surge in Millionaires, with 195,000 Expected by 2032, Reveals Wealth Report

Web AdminOctober 24, 2023October 24, 2023
The number of millionaires in Africa is expected to witness significant growth, reaching an estimated 195,000 by 2032, according to the Africa Wealth Report 2023. This projection marks a substantial...
FRC Encourages Businesses to Embrace Integrated Governance, Risk, and Compliance for Sustainability
Business News

FRC Encourages Businesses to Embrace Integrated Governance, Risk, and Compliance for Sustainability

Web AdminOctober 24, 2023October 24, 2023
The Financial Reporting Council (FRC) has urged organizations to bolster their integrated Governance, Risk, and Compliance (GRC) activities to enhance operational effectiveness. Mr. Titus Osawe, Director of the Governance Directorate...
CISI Launches Educational Pathway for Sustainable Finance and ESG in Nigeria
Business News

CISI Launches Educational Pathway for Sustainable Finance and ESG in Nigeria

Web AdminOctober 23, 2023October 23, 2023
The Chartered Institute for Securities & Investment (CISI) based in the United Kingdom has unveiled an educational program dedicated to sustainable and responsible investments, green finance, and climate finance. This...
ABCON Advocates Bureaux De Change Participation for Stable Exchange Rates and Robust Forex Liquidity in Nigeria
Business News

ABCON Advocates Bureaux De Change Participation for Stable Exchange Rates and Robust Forex Liquidity in Nigeria

Web AdminOctober 23, 2023October 23, 2023
In the pursuit of a stable, robust, and resilient exchange rate in Nigeria, the full participation of Bureaux De Change (BDCs) in the retail segment of the foreign exchange (forex)...

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Recent Posts

  • Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes
  • ₦30m Donation Rejected by Pastor Enenche During Church Service Visit
  • US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust
  • Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity
  • House Probes Oil Companies Over Unremitted $457m, Recovers N86m

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Fidelity Bank Celebrates Customers, Disburses ₦30m in Cash Prizes

₦30m Donation Rejected by Pastor Enenche During Church Service Visit

US Authorities Recover $225 Million in Major Cryptocurrency Scam Bust

Financial Experts Raise Alarm Over CBN’s 50% CRR and Banking Sector Liquidity

House Probes Oil Companies Over Unremitted $457m, Recovers N86m

Sokoto Trains Officials to Boost Fiscal Transparency, Accountability

NELFUND Automates Loan Application Process to Boost Accessibility and Efficiency

Lawmakers Launch Investigation into Alleged Misuse of N1.12 Trillion Anchor Borrowers’ Programme Funds

Nigeria’s Crude Imports Hit N1.2 Trillion Amid Declining Domestic Production

Nigerian National Nabbed in India with N214 Million Worth of Narcotics

CBN’s Dividend Suspension Sparks Sell-Off in Banking Stocks, Raises Recapitalisation Concerns

Non-Performing Loans Surge Past $3.5bn Across Six Nigerian Banks – Report

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