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Demutualisation: Nigerian Exchange Group Plc to Register 2.5 Billion Shares
There was excitement on Tuesday in Lagos when 257 members unanimously voted for the demutualisation of the Nigeria Stock Exchange…
FIRS targets trillions in tax from oil, gas companies
The Federal Inland Revenue Service (FIRS) said it would rake in four trillion naira as tax revenue from the extractive sector of…
Coronavirus: IMF, World Bank confirm virtual format for Spring meetings
The World Bank and the International Monetary Fund (IMF) on Tuesday confirmed that their 2020 Spring Meetings slated for April 17…
2019: MTN declares ₦202.1bn profit, gains 6.1m new subscribers
Nigeria’s largest Telecoms provider, MTN Nigeria has posted a Profit After Tax (PAT) of N202.1 billion in 2019. This is a…
Nokia Steps Up 5G Race, Appoints Pekka Lundmark to Take Over from Rajeev…
Nokia CEO, Rajeev Suri is finally set to step down from his office. The tech giants announced its chief executive will step…
AfDB President Adesina wins 2019 African of the year award
Dr Akinwumi Adesina, the President of African Development Bank (AfDB) has won 2019 African of the Year Award by African…
UBA posts N89.1bn profit after tax in 2019
United Bank for Africa (UBA) Plc has posted a profit after tax of N89.1 billion for the financial year ended Dec. 31, 2019.
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Era of borrowing without payback gone – Emefiele
The era of entrepreneurs borrowing from banks and not paying back is gone, Central Bank of Nigeria (CBN) Governor, Mr Godwin…
Coronavirus: Panic mood on NSE as market capitalisation loses N308bn
Trading on the Nigerian Stock Exchange (NSE) on Friday ended on panic mood, as the country recorded the first Coronavirus case…
Ecobank Nigeria appealing Tribunal Judgment on disputed FIRS Tax Liability
Ecobank Nigeria wishes to provide its position on a statement released by the Federal Inland Revenue Service (FIRS) on the…