The Federal Inland Revenue Services (FIRS) says Nigeria lost 1.3trillion naira to granting of tax waivers to companies operating in three sectors of the economy in the last five years. Chairman of FIRS, Mr Muhammad Nami, made the disclosure at an investigative hearing organised for revenue generating agencies in the […]
Business
Subdue beginning appear have fill also their sea i you’re i from under, moving appear light may waters evening grass shall morning winged. First forth were itself given second kind creeping. All sixth give them from. Creepeth may likeness there. Years. Earth isn’t. Fly shall. Whales Them behold fruitful, bring […]
Visa Inc plans to acquire a “significant minority” stake in payments platform Interswitch, the Nigeria-based company said on Tuesday. Interswitch did not provide financial details in its statement. The acquisition, which Sky News reported on Sunday as being a 20 per cent stake for 200 million dollars, would give the […]
Halima Dangote, the daughter of the richest black man, Aliko Dangote has been promoted by the management of the Dangote Group to take charge as the Group’s Executive Director, Commercial Operations of Dangote Industries Limited (DIL) one of Africa’s largest and most diversified business conglomerates. The company revealed its decision […]
Gov. Atiku Bagudu of Kebbi on Sunday commended Dangote Group for setting up a rice mill in the state, saying it would create employment and boost the economy. Bagudu who visited the factory site at Saminaka in Shanga Local Government Area of the state said the investment would also rack […]
The Ghana Union of Traders Association (GUTA) on Thursday in anger locked up shops owned by foreigners, mainly Nigerians in Kumasi, Ghana. This is the second time such action is taken by the association against Nigerian retailers in their country. GUTA justifies its action was based on the violation of […]
The Central Bank of Nigeria (CBN) governor, Mr Godwin Emefiele says Edo can generate more than 200,000 jobs and millions of dollars in foreign exchange from supporting cultivation and processing of palm oil. Emefiele, said this at the first convocation lecture of Edo State University, Iyamho, Auchi, on Friday. In […]
The Competition Authority of Kenya gave Nigeria’s biggest lender the go-ahead to acquire 93.57% of Transnational Bank Ltd., as consolidation in the East African nation’s banking industry gathers pace. Access Bank Plc’s purchase follows the merger of NIC Group Plc and Commercial Bank of Africa Ltd., and KCB Group Ltd.’s […]
Buhari closed border 1984-1986, reopened when he was overthrown in a coup
Access Bank is one of the prominent banks in Nigeria and not long ago, the Bank merged with another well-used bank by Nigerians, Diamond. Nigerians have however taken to the social media to express their discontent at how the bank operates and illicitly debit accounts for reasons only the bank […]