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Wednesday, February 8, 2023

FIRS, LASG Sign Agreement For Tax Harmonisation

The Federal Inland Revenue Service (FIRS) and Lagos State Inland Revenue Service (LIRS), have signed a memorandum of understanding (MoU) to establish a joint...

Naira Crunch: Banks Risk N5m CBN Fine

Financial institutions in the country may be fined N5 million for hoarding the new naira notes. This was as enshrined in the Central Bank...

Nigerian Stock Investors Record N81bn Surplus

MTN Nigeria, Nigerian Exchange Group, and other gains increased the stock market by N81 billion after the closing of trading on the Nigerian equities...

N613bn Sukuk Loan Used On Roads, Bridges – FG

The Federal Government has revealed that it spent N612.56 billion acquired from Sovereign Sukuk between 2017 and 2021 on the construction and rehabilitation of...

Banking Index Increases Stock Market By N1.08tn In January

Despite investor pessimism trading and uncertainties surrounding the 2023 general elections, expectation of dividend distribution and sectoral performance of the NGX bank index increased...

Nigeria Reveals New Laws To Stop Crude Oil Theft

On Monday, the Federal Government announced the implementation of two major legislation designed to curb huge oil theft in the Niger Delta and increase...

CBN Should Have Designed ₦5,000 Note – NACCIMA

The Nigerian Association of Chambers of Commerce, Industry, Mines, and Agriculture (NACCIMA) believes the Central Bank of Nigeria (CBN) should have issued a ₦5,000...

Poor Plumbing Can Cause Building Collapse – PPC

Poor engineering design and improper installation of plumbing systems can lead to structural weakness of buildings and contribute to their collapse, says PPC, Nigeria’s...

African Excellence Highlighted At Canada-Africa Reception In Cape Town

The continent’s largest, award-winning airline commended for accelerating Canada-Africa trade and investment in the context of its global role as one of the world’s...

Stanbic IBTC, 5 Other Tier-2 Spent N413.5bn on Customers Deposit, Borrowings

Stanbic IBTC Holdings, and five other tier-2 financial institutions, in the course of last year (2022), have spent no less than N413.5 billion on...

Stanbic IBTC Unveil Special Valentine Package For SMEs

Stanbic IBTC Bank, a member of Stanbic IBTC Holdings, has provided juicy options for its customers to enjoy access to cash flow to scale...

FCMB Chief Seeks Collaboration Among Banks, Here’s Why

Yemisi Edun, the Managing Director of First City Monument Bank (FCMB), has sought collaboration among financial institutions in the country, to combat money laundering. The...

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