The Group Managing Director/Chief Executive Officer, United Bank for Africa Plc, Oliver Alawuba, has been appointed as the Chairman of the Chartered Institute of Bankers of Nigeria Body of …
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Group hails Chiemeka’s appointment as NGX CEO
The Securities and Investment Empowerment Network has hailed the appointment of Jude Chiemeka as the substantive chief executive officer of the Nigerian Exchange Limited. In a statement made available …
Read More »Small lenders may merge in banking recapitalisation – S&P Global
The increase in the minimum capital requirement for banks to operate in Nigeria is likely to force the country’s smaller banks to combine with rivals before a 2026 deadline, …
Read More »New withholding tax regime excludes insurance premiums, lotteries, others – Report
The Federal Government has listed insurance premiums, winnings from lotteries and reality shows among transactions exempted from the new withholding tax regime. This is according to the Deduction at …
Read More »Apapa Customs command collected N1tn revenue in H1
The Nigeria Customs Service, Apapa Area Command, has disclosed that it collected N1.02tn in revenue between January and June 2024. The Customs Area Controller in charge of the command, …
Read More »Equity Market begins week with N8bn loss
The Nigerian Exchange resumed the week on Monday with a loss of N8.62 billion due to a dip in Caverton Offshore, Associated Bus Company, Nigeria Breweries, and 38 other …
Read More »Buy locally-assembled CNG vehicles, FG advises Nigerians
The Federal Government has appealed to Nigerians to take advantage of the CNG initiative to reduce by buying locally-assembled CNG vehicles. This is expected to reduce pressure on the …
Read More »GTCO plans N400bn capital raise
Guaranty Trust Bank Plc has announced a plan to raise N400.5bn by issuing 9 billion shares at N44.5 per share as part of its strategy to fuel expansion and …
Read More »Enugu promotes environment with essay competition
The Enugu State Advisor on Climate Change and Sustainable Development, Prof. Chukwumerije Okereke, has initiated a youth essay competition to raise awareness about climate change in the state. In …
Read More »HP unveils next-generation printers
HP Inc., a global leader in printing technology, has launched its latest series of innovative printers, the HP 3000 and 4000 Series, in Lagos. This new series promises, according …
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