The event provided a platform for the FIRS to sensitise the stakeholders, exposing them to the features and benefits of the system. The FIRS said the e-invoicing system is a reporting tool meant to st...
Nigeria attracted Foreign Direct Investment (FDI) valued at less than one per cent of the country’s gross domestic product (GDP) in 2014, the World Bank has said. The bank blamed the abysmal performan...
PH REFINERY TO SHUT DOWN FOR MAINTENANCE The Nigerian National Petroleum Company (NNPC) Limited says the Port Harcourt Refining Company (PHRC) will shut down for maintenance. In a statement on Sunday,...
On May 13, the CBN, in collaboration with the Nigeria Inter-Bank Settlement System (NIBSS), launched the non-resident bank verification number (NRBVN) platform to ease access to financial services for...
Telecommunications giant, Airtel Nigeria, said its newly launched solution, the Airtel Spam Alert Service, was designed to shield its subscribers from fraudulent and spam SMS. The company stated that ...
As Burger King enters the next phase of its turnaround efforts, the fast-food chain is trying to lure families back to its restaurants with colored Whopper buns and kid-friendly movie partnership...
Lagos State Governor, Babajide Sanwo-Olu, commended the Federal Ministry of Industry, Trade and Investment (FMITI) for its efforts in driving economic growth, citing recent economic indicators, which ...
CBN Governor, Olayemi Cardoso, has reiterated that the Nigerian financial system remains sound and stable, with positive performance indicators. The MPC has urged CBN to sustain its strong oversight r...
Fidelity Bank Plc, a tier-2 Nigerian commercial bank, has dropped out of the elite ₦1 trillion market capitalisation club, following a sharp decline in its share price triggered by a Supreme Court rul...
Despite the challenges, the Monetary Policy Committee held the MPR steady at 27.5 per cent, with Governor Yemi Cardoso attributing the naira’s resilience and balance of payments surplus to timely refo...