BUSINESS
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The Implication of VAT Increment to Nigerian Economy
The Federal Executive Council has concluded plans to increase Value Added Tax (VAT) from 5% to 7.2%. This represents a…
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Hike in Prices of Goods Looms as FG Raises VAT to 7.2 percent
There's likely to be further increase in the prices of goods and services across the country as the Federal Executive…
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SCD Group emerges winner of $10 billion Nigerian Gas Project
SCD Group, a Joint Venture consortium comprising Saipem, Daewoo and Chiyoda has successfully secured the $10 billion Nigerian Liquefied Natural…
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Access Bank recovers N14 billion in bad loans after merger with Diamond Bank
Few months after its merger with Diamond Bank, Access Bank Plc has recovered a sum of N14 billion in bad…
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Xenophobic attack: 5000 people lost their jobs to shopping mall attacks – Gov. Sanwo-Olu
Over 5000 people have reportedly lost their jobs in Lagos to the reprisal attack caused by the xenophobic attack in…
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Access Bank’s Shareholders to get N9 billion Interim Dividend
Access Bank Plc has declared an interim dividend of 25 kobo per every share of 50 kobo, for the financial…
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NIS assures new e-passport is valid for all countries
The Nigeria Immigration Service, NIS, said the newly enhanced e-passport is acceptable and valid for entering all countries.
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NSE Market Capitalisation Loses N130 billion in Six Hours
The Nigerian Stock Exchange market capitalisation on Wednesday shed N130 billion in about six hours of trading. Specifically, the market…
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Global food prices dip for third month running in Aug- FAO
World food prices fell for a third month running in August. This was due to a sharp drop in the…
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Zenith Bank Chief Withdraws from World Economic Forum in S’Africa
The Founder/Chairman of Zenith Bank Plc, Mr. Jim Ovia, has withdrawn from further activities at the ongoing World Economic Forum…
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