Business & Economy
Cybersecurity levy is mistimed, says NESG
Background Effective May 20, 2024, the Central Bank of Nigeria (CBN) directed banks to begin charging 0.5 percent (equivalent to...
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IMF backs CBN’s banks recapitalization plan; cautions against proposed CBN Act amendment
The International Monetary Fund (IMF) on Thursday threw its weight behind the Central Bank of Nigeria (CBN) plan to raise...
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Ongoing engagement with extractive firms to sensitise them on industry auditing template, other issues, says NEITI
The ongoing nationwide engagement with the oil, gas and mining companies is to sensitise them on the templates designed for...
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Adopt local solutions to Africa’s revenue challenges, FIRS Chairman tells tax administrators’ council
Tax administrators in Africa must look inwards for local solutions to the continent’s revenue challenges rather than turning to the...
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Brace up for the task to stabilise economy, Minister tells NAICOM Board
The insurance sector must be prepared to contribute its quota towards the task to stabilise the nation’s economy, Minister of...
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UBA gross earnings grow by 110%; Q1 profit Hits N156bn
United Bank for Africa Plc (UBA) recorded strong growth across key performance indicators for the first quarter of the year...
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New Insurance NAICOM boss resumes; pledges to lead industry to contribute to Tinubu’s $1trn economy
The newly appointed Commissioner for Insurance/Chief Executive of the National Insurance Commission (NAICOM), Olusegun Omosehin, on Friday resumed in office...
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Why Investments, Securities Tribunal is crucial for Nigeria’s economic growth – Chairman
The Investments and Securitiesibunal (IST) is an important agency necessary to give investors the needed confidence to invest in the...
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Agama solicits staff support, as jubilation heralds his assumption as Acting SEC DG
Ecstatic staff members of the Securities and Exchange Commission (SEC) welcomed their newly appointed Director General, Emomotimi Agama, as he...
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2024 bid round: NUPRC to include some recovered idle 1993 PSCs among 17 oil blocks on offer to bidders
Some recovered oil blocks awarded under the defunct production sharing contracts (PSCs) since 1993 are among 17 oil acreages the...
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