Nigeria Generates N1.43trn VAT in Q1 2024
Nigeria Generates N1.43trn VAT in Q1 2024 The National Bureau of Statistics (NBS), said the aggregate Value Added Tax (VAT) stood at N1.43 trillion in Q1 2024. This is according…
Global Growth Stabilising First Time in 3-Year –World Bank
Global Growth Stabilising First Time in 3-Year –World Bank The global economy is expected to stabilize for the first time in three years in 2024—but at a level that is…
Airtel Africa, Network International Partner on Payment Processing
Airtel Africa, Network International Partner on Payment Processing Airtel Africa, a telecoms and mobile money services company, has partnered the Network International, an enabler of digital commerce across the Middle…
SMEDAN, Sterling Bank Unveil N5bn Loan for Small Businesses
SMEDAN, Sterling Bank Unveil N5bn Loan for Small Businesses The Small and Medium Enterprises Development Agency of Nigeria (SMEDAN) in collaboration with Sterling Bank Ltd., on Monday, unveiled five billion…
Commercial Licence: ‘We’ve Submitted Capital Raising Plan to CBN’ –Nova Merchant Bank
Commercial Licence: ‘We’ve Submitted Capital Raising Plan to CBN’ –Nova Merchant Bank As part of its transition to a national commercial banking license, Nova Merchant Bank Limited said that it…
Unity Bank Expects N5.2 Billion as Profit in Q3, 2024
Unity Bank Expects N5.2 Billion as Profit in Q3, 2024 Retail lender, Unity Bank Plc has forecasted a Profit after Tax of N5.2 billion in the third quarter (Q3) of…
Naira Sees Slight Daily Gain, Closes at N1,483/$
Naira Sees Slight Daily Gain, Closes at N1,483/$ In the foreign exchange market, the Naira appreciated against the dollar by 0.02% in the official NAFEM market, closing at ₦1,483.62 per…
Customs Intercept 280,135 Litres of Petrol in 7 days
Customs Intercept 280,135 Litres of Petrol in 7 days The Nigeria Customs Service (NCS), seized 280,135 litres of Petroleum Motor Spirit (PMS) valued at N115 million, its Comptroller-General, Bashir Adeniyi,…
Oil Prices Climb on Demand Optimism, Tight Supply
Oil Prices Climb on Demand Optimism, Tight Supply Oil market rallied on Monday due to expectation increased demand and tight supply side. Market prices of crude oil, ICE Brent and…
NNPC Ltd Disowns Report on Alleged Inflated Subsidy Claims
NNPC Ltd Disowns Report on Alleged Inflated Subsidy Claims The Nigerian National Petroleum Company Limited (NNPC Ltd.) on Monday disowned reports in some sections of the media alleging that it…