By Kayode Tokede Africa’s largest cement producer, Dangote Cement Plc, has announced the launching of a new N150 billion Commercial Paper (CP) programme. This is according to a notice signed by the company’s secretary, Edward Imoedemhe, and sent to the…
By Kayode Tokede Domestic investors on the Nigerian Exchange Limited (NGX) outpaced foreign investors by 82.70 per cent or N74.24 billion in July trading activities out of the N89.77billion transactions. On a monthly basis, the NGX polls trading figures from…
By Moses Adeniyi The Lagos Building Investment Company Plc (LBIC) despite the tough operating environment posed by the COVID-19 pandemic on the mortgage industry, recorded profit in the year ended 2020, Nigerian NewsDirect has gathered. The disclosure was contained in…
..As APBN members protest multiple taxes in Delta …Gov’t must exercise caution in overtaxing masses — Experts By Salim Umar Ibrahim, Bankole Taiwo, Barth Ndubuwah, & Abimbola Abatta With weak revenue allocation from federal government, state government agencies, according to Nigerian NewsDirect…
By Benjamin Auta The Kaduna State, Local Government Councils, Legislature and Judiciary as well as other stakeholders have all agreed to a new upward improved revenue sharing formula from the federation account. Engr Hassan Hunkuyi, who is a member representing…
The Kaduna State Government, says an attack on Ungwan Dooh village in Zangon Kataf Local Government area of the state on Saturday, has resulted in the death of no fewer than nine persons. Mr Samuel Aruwan, Commissioner for Internal Security…
Troops of the Multinational Joint Task Force (MNJTF) have eliminated scores of Boko Haram/Islamic States West Africa Province (ISWAP) terrorists in the ongoing clearance operations around Lake Chad region. The Chief of Military Public Information, Col. Muhammad Dole, said this…
The Federal Inland Revenue Service(FIRS) has directed taxpayers in the country to continue to pay their Value Added Tax (VAT) to the FIRS in order to avoid facing penalties for failing to do so. The FIRS issued the directive following…
The Acting Managing Director and Chief Executive Officer of the Transmission Company of Nigeria (TCN), Engr. Dr. Sule Abdulaziz has tasked Management staff with developing more synergy towards sustaining the company’s milestones and moving it to a higher level of…
By Kayode Tokede FMDQ Exchange has disclosed that total Foreign Exchange (FX) market turnover in July 2021 was N5.14trillion or $12.50billion, representing a Month-on-Month (MoM) increase of 23.52 per cent or $2.38billion from $10.12billion turnover recorded in June 2021. The…
