News
Recapitalisation: ACAMB confident banks can meet CBN’s target
Nigerian banks have the financial capacity to meet the minimum capital base set by the Central Bank of Nigeria (CBN),...
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Transcorp Hotels Plc delivers 36% revenue growth; reports superlative N41.5bn profit in 2023
Transcorp Hotels Plc, the listed hospitality subsidiary of Transnational Corporation Plc, on Tuesday reported an impressive 36 percent growth in...
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CBN’s monetary policy yields over $1.5bn inflow to Nigerian economy
The monetary policy stance of the Central Bank of Nigeria (CBN) yielded inflows of over $1.5 billion into the economy...
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NSIA reports N1. 18trn, 1,122% rise in income for 2023
The Nigeria Sovereign Investment Authority (NSIA) says it recorded a total comprehensive income of ₦1.18trillion from its operations for 2023....
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CBN gives banks 24 months to raise capital base to N200 bn
Nigeria's apex financial sector regulator, the Central Bank of Nigeria (CBN) on Friday gave all commercial banks in the country...
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FIRS has no plan to increase number of taxes beyond nine, Chairman assures Nigerians
Nigerians should not expect new or additional taxes, the Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji has...
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Edun heads 64-member task team to rescue Nigeria’s economy
The Minister of Finance and the Coordinating Minister for the Economy, Wale Edun, has been named to head a 64-member...
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Elumelu Foundation’s young African entrepreneurs now 20,000 after 10th set
The Tony Elumelu Foundation has announced the 10th set of beneficiaries of its young African Entrepreneurship Programme. The Foundation said...
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Paris “Invest in African Energy Forum”: Organisers appoint Legend & Legacy to co-ordinate Nigeria’s delegation
Energy Capital & Power, organizers of “Invest in African Energy Forum 2024”, has appointed Legend & Legacy to officially co-ordinate...
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Nigerian govt. files four-count charge against Binance for alleged tax evasion
Amid reports that one of the two Binance executives, Nadeem Anjarwalla, detained by the Economic and Financial Crimes Commission (EFCC)...
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