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Business
POS leads e-payment transactions with 286m deals
Point
of Sale (POS) transactions is leading other e-payment channels,
rising from nine million transactions in 2013 to 285.89…
MTN yet to submit application for listing – SEC
Nigeria’s apex capital market regulator, Securities and Exchange Commission (SEC) has said that MTN Nigeria has not filed any…
Local bond market attracts $6b – CBN
The Central Bank of Nigeria has said the local bond market has attracted inflow of over $6 billion.
Central
Bank of Nigeria…
Fowler denies recommending 50 per cent increase in VAT
The
Federal Inland Revenue Service (FIRS), has dismissed media reports
quoting its Chairman, Mr. Tunde Fowler, as suggesting an…
Court seals Access, Diamond Banks merger
The
Federal High Court (FHC) has sanctioned the approved scheme of merger
between Access Bank Plc and Diamond Bank Plc, the…
Finally, Dangote’s Tomato Plant Resumes Production
A tomato-paste factory owned by Africa’s richest man, Aliko Dangote, resumed production in Nigeria’s northern state of Kano after…
BREAKING: NSE suspends trading in Diamond Bank shares
Trading in the shares of Diamond Bank Plc has been placed on full suspension following the court sanction of the Scheme of Merger…
Be ready for increase in VAT before year end, Fowler tells Nigerians
Nigerians were on Tuesday told to brace for a possible increase in the Value Added Tax (VAT).
VAT, now five per cent, is…
Lagos ranks sixth cheapest city in the world to live in
Lagos has been ranked as the sixth cheapest city in the world to live in, according to the Economist Intelligence Unit survey.
…
S&P allays fears on Nigeria’s external debt profile, rates…
Renowned global rating agency, Standard and Poors (S&P Global Ratings), has allayed fears in some quarters over the raising…