In an open letter on Wednesday, Dangote thanked President Bola Tinubu for his leadership and farsightedness on the Bar Beach land reclamation project in Victoria Island, Lagos. He said that through th...
The Central Bank of Nigeria (CBN) has clarified speculations about hidden charges on the newly launched Non-Resident Bank Verification Number (NRBVN) platform. In a recent release, the CBN stated that...
The Central Bank of Nigeria has directed banks to submit a capital restoration plan as part of regulatory efforts to support the exit from the forbearance regime. In a circular signed by the CBN Direc...
The recommendation was contained in an article published on Monday, written by Axel Schimmelpfennig, the IMF’s mission chief to Nigeria, and Christian Ebeke, the fund’s resident representative in Nige...
A week after the Central Bank of Nigeria (CBN) issued a Circular to banks on the resolution of regulatory forbearance on their single obligor limit (SOL) infractions and other loan assets while it sus...
The portion of profits that banks can retain may increase when the new tax laws take effect. On Thursday, President Bola Tinubu signed four tax reform bills into law: the Nigeria Tax Act, the Nigeria ...
In a statement on Tuesday, the tech giant said the support would be delivered through the ninth cohort of the Google for Startups Accelerator Africa — a three-month programme that offers technical men...
The Customs Area Controller (CAC) of Tincan Island Port Command, Comptroller Frank Onyeka, has commended the media for its continued support in driving transparency, stakeholder engagement, and public...
According to the federal ministry of industry, trade and investment (MITI), the initiative is in partnership with the Nigeria Commodity Exchange (NCX) and the Africa Trade and Distribution Company (AT...
US strikes on Iran’s three main nuclear facilities come at a fragile moment for the global economy, and the outlook now hinges on how forcefully the Islamic Republic retaliates. The World Bank, the Or...
