By Matthew Denis The Head, Group Corporate Bank & Chief Operating Officer, Corporate & Investment Bank, Ecobank Transnational Incorporated, Dr. Bunmi Bajomo has disclosed that an uncontrolled inflation will continue to affect Nigeria Foreign Exchange rates negatively. She made the…
Statistics by the National Bureau of Statistics, (NBS) states that the Nigeria’s Company Income Tax (CIT) for Q2 2023 on the aggregate grew by 226.40 per cent to N1.53 trillion. The NBS noted that the growth is an indication a…
By Seun Ibiyemi The Federal Operations Unit Zone ‘A’ of the Nigeria Customs Service has intercepted 13,525 litres Premium Motor Sprit, 6,911 x 50kg bags of Foreign Parboiled Rice, totalling over 11 truck-loads as well as other sundry items including…
Nigeria earned N1.490 trillion from Value Added Tax in the first half of 2023. The National Bureau of Statistics disclosed this in its latest Value Added Tax 2023 report data. Newsmen reported that the country generated N781.35 billion form VAT…
The newly appointed Executive Vice Chairman of the National Agency for Science and Engineering Infrastructure (NASENI), Mr. Khalil Suleiman Halilu, has vowed to utilize Science, Technology and Innovation, STI, to serve Nigerians and add value to the economy. He disclosed…
…says ports must be saved from imminent collapse The Minister of Marine and Blue Economy, Adegboyega Oyetola, on Monday, declared that he was in a hurry to make impact in the ministry. Oyetola who noted that he had no business…
The International Association of Deposit Insurers, African Regional Committee (IADI-ARC) has appointed the Managing Director/Chief Executive of the Nigeria Deposit Insurance Corporation (NDIC), Mr. Bello Hassan its Vice Chairperson. The appointment was made at the IADI-ARC Annual General Meeting (AGM)…
Nigeria requires $2.3trillion investment over the next 23 years to bridge its infrastructure deficit, the Federal Government has stated. The Federal Government made this known during the visit of the United Kingdom Nigeria Infrastructure Advisory Facility (UK-NIAF) to the Minister of…
Ecobank Nigeria has started the remodeling of its branches across the country. This effort will see the bank turn its existing banking halls into modern smart banking arenas designed to offer a cozy experience to customers and other stakeholders of…
By Seun Ibiyemi Guaranty Trust Holding Company Plc (“GTCO” or the “Group”) has released its Audited Consolidated and Separate Financial Statements for the period ended June 30, 2023, to the Nigerian Exchange Group (NGX) and London Stock Exchange (LSE). The…
