MTN makes plan to list on NSE, records 57% increase in profit
MTN Group declared 56.8 per cent growth in profit before tax for the financial year ended December 2018 and affirmed its plans to list...
Nigeria's oil production above OPEC's quota- Survey
Nigeria pumped more crude oil in February than the quota given by the Organisation of Petroleum Exporting Countries (OPEC), a new survey has revealed.
OPEC...
NIRSAL Microfinance bank to provide loans at 5% interest- CBN Governor
The newly-established NIRSAL Microfinance Bank would provide loans to small businesses at a single-digit interest rate of five per cent according to the Central...
Telecoms operators condemn multiple environmental taxes
The Association of Licensed Telecommunications Operators of Nigeria, a union for telecoms operators are lamenting the huge tax burden from states and federal ministries...
1.3 billion litres of fuel imported by Nigeria in two months
A total of 986, 492 metric tonnes of petroleum products representing 1,387,410,984.2 litres of fuel were imported by Nigeria, in January and February, data...
Shareholders of Access and Diamond bank assent to merger
Shareholders of Access Bank Plc and Diamond Bank Plc on Tuesday unanimously approved the merger of both financial institutions.
The shareholders gave the approval at an...
N2.96tn spent last year on fuel imports by FG- NBS
The Federal Government spent N2.95tn last year on the importation of Premium Motor Spirit, also known as petrol. The amount increased by nearly 50...
Emefiele dismisses claim of terminal leave from bank
The Governor of the Central Bank of Nigeria, Mr Godwin Emefiele, on Tuesday dismissed claims circulating in some medium that he had been asked...
UBA group commences full banking operations in UK
The new UBA franchise, UBA UK, has been formally inaugurated in the United Kingdom at a high-level gathering of business and public sector leaders...
Revenue totaling N126.62tn generated in three years- FIRS
The Federal Inland Revenue Service said it generated N12.62 trillion in revenue in the last three years.
FIRS said this in a document on its...
