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Business

Shell Nigeria paid $1.09bn on taxes, royalties in 2023- Official

Ayorinde Oluokun

2 years ago

Essien-Nelson said that the figures, announced in the just published 2023 Shell briefing notes, showed that SPDC paid 442 million…

Why implementation of cybersecurity levy should be halted immediately – CPPE

Ayorinde Oluokun

2 years ago

The CBN had in a circular on Monday directed commercial banks and other financial institutions to start charging a 0.5…

Naira crashes against dollar at official market

Ayorinde Oluokun

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…

CBN lists transactions exempted from 0.5% cybersecurity levy

Paul Dada

2 years ago

A circular from the apex bank on Monday, May 6 had stated the levy would commence in two weeks' time.

Good news as Dollar slumps against Naira at Official Market

Kazeem Ugbodaga

2 years ago

Data from the official trading platform of the FMDQ Exchange, a platform that oversees the Nigerian Autonomous Foreign Exchange Market…

Lagos-Calabar Coastal Road: Leave the talk, let’s face the business

Ayorinde Oluokun

2 years ago

Lagos-Calabar coastal project is a very important project with unparalleled economic value. This is a road that connects Nigeria's biggest…

FCMB Group posts N31.3bn profit in first quarter of 2024

Ademola Adegbamigbe

2 years ago

According to the bank, this impressive performance across all business segments directly results from FCMB Group's strategic initiatives, which align…

Unbundling of TCN will improve access to electricity – Experts

Isa Isawade

2 years ago

“The separation of responsibilities between entities allows for a concentrated focus, with transmission services management predominantly revolving around technological aspects,…

Naira appreciates against dollar

Ayorinde Oluokun

2 years ago

The Nigerian currency gained N2.27, representing a 0.16 percent increase when compared to Thursday’s exchange rate of N1,402.67. However, the…

Fubara doles out N4bn loan to 3,066 MSMEs operators

Ayorinde Oluokun

2 years ago

Speaking at the launching, which took place at the Dr Obi Wali International Conference Centre in Port Harcourt on Friday,…

Lagos posts N433.408bn revenue performance in first quarter of 2024

Kazeem Ugbodaga

2 years ago

The commissioner added that the Total Capital expenditure recorded a performance of 54%, which is N178.728 billion, disclosing that the…

Purchasers win big against real estate firm

Paul Dada

2 years ago

The purchasers say they have fully paid for the properties but Haven homes was asking them for an inflated service…

NDIC raises deposit insurance coverage level for banks, others

Paul Dada

2 years ago

Hassan said: “By increasing deposit insurance coverage, we are ensuring that depositors are better protected in the unlikely event of…

FCMB Group records 186% profit growth, proposes 50k dividend

Ademola Adegbamigbe

2 years ago

For the year ended December 31, 2023, FCMB Group Plc grew deposits, loans, assets under management, revenue and earnings and…

Drop in food prices excites Nigerians

Isa Isawade

2 years ago

“The reduction in prices is because of the government’s action to ban bulk buying of grain in the markets,” he…

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