By Seun Ibiyemi The Nigerian Exchange Limited (NGX) has removed Wema Bank Plc and Custodian Investment Plc from the NGX 30 following the outcome of the 2022 market index review. This was contained in the statement released by the NGX…
By Ibiyemi Mathew The Centre for the Promotion of Private Enterprise (CPPE) has kicked against the planned move by the Federal Inland Revenue Service (FIRS) to tax the informal sector. The Federal Inland Revenue Service (FIRS) had earlier revealed plans…
By Seun Ibiyemi The Central Bank of Nigeria (CBN) drew down Nigeria’s foreign reserves and expended $17.81billion to defend the nation’s weak currency, at the foreign exchange (forex) markets in 2022. According to the apex bank in its Annual CBN…
No fewer than 180 students in Enugu State were on Thursday trained on financial discipline and savings by the Nigeria Deposit Insurance Corporation (NDIC). The students, who were drawn from three schools namely; Metropolitan Girls, Urban Girls and City Girls Secondary…
By Seun Ibiyemi The Federal Competition and Consumer Protection Commission (FCCPC) has barred PoS operators in Nigeria from implementing the recently announced increase in charges for PoS transactions. The Commission in a statement released on Wednesday and signed by its…
By Seun Ibiyemi The Federal Government says it intends to recoup over N553 billion unremitted taxes from international petroleum shipping companies operating in Nigeria. The Director, International Tax, Federal Inland Revenue Service (FIRS), Mr Abdullahi Aliyu, said that recouping the…
Bankole Taiwo, Abeokuta Ogun State Government has declared that efforts are in top gear to improve on the achievements of past administrations to build formidable industrial hubs across the state, in line with the dreams of its founding fathers. Secretary to the State Government,…
The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) has solicited the support of stakeholders to ensure that the Micro, Small and Medium Enterprises (MSMEs) sector becomes more competitive. The Director-General of SMEDAN, Dr Olawale Fasanya, gave the advice…
By Seun Ibiyemi TAJBank Limited, Nigeria’s fast-growing non-interest bank, has set a new record in the Nigerian banking system with the payment of dividends to its shareholders within three years of its operations. According to a statement by Isiaku Gwamna,…
The National Bureau of Statistics (NBS) says prices of food items such as tomatoes, rice, and yams witnessed increases in May. It made the declaration in its Selected Food Prices Watch Report for May issued in Abuja on Tuesday. The…
