Browsing Category
Business
Otedola hails Tinubu’s import tariff
Billionaire entrepreneur Femi Otedola has applauded President Bola Tinubu for introducing a 15 per cent import tariff on petrol…
OPEC+ to pause oil output increase in early 2026 amid demand slowdown
The Organisation of the Petroleum Exporting Countries and its allies (OPEC+) has announced it will halt oil output increases…
ACAMB President, Rasheed Bolarinwa Amplifies Banking Industry Voice on OGBC…
The President of the Association of Corporate and Marketing Communication Professionals of Banks (ACAMB), Rasheed Bolarinwa, has…
Naira gains at official market, trades at N1,421/$
The naira strengthened to N1,421 per dollar at the official segment of the foreign exchange (FX) market on Friday.
Data from…
Financial crimes: SEC partners CBN, EFCC to track, freeze illicit digital…
The Securities and Exchange Commission (SEC) has partnered with the Central Bank of Nigeria (CBN) and the Economic and Financial…
FIRS directs banks to deduct withholding tax from short-term securities…
The Federal Inland Revenue Service (FIRS) has directed banks to deduct withholding tax from all interest payments on short-term…
Nigerian States’ Revenue nearly doubles after fuel subsidy removal- BudgiT
The total revenue of Nigerian states has nearly doubled compared with the 2023 fiscal year, largely due to higher allocations from…
FIRS orders 10% withholding tax on short-term securities investments
The Federal Inland Revenue Service (FIRS) has announced that banks, stockbrokers, and other financial institutions are now…
Nestoil Group speaks on asset seizure, debt issue with lenders
Nestoil Group says the enforcement action against the company’s asset does not affect operations.
Earlier, police sealed…
CBN reacts to reports of disbursing $1.25bn to oil firms for fuel…
The Central Bank of Nigeria (CBN) has denied disbursing $1.25 billion to major oil sector operators for the importation of refined…