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Sunday, May 5, 2024
Naira slightly depreciates by 0.8% against dollar at official market

Naira slightly depreciates by 0.8% against dollar at official market

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Naira slightly depreciates by 0.8% against dollar at official market The naira on Thursday slightly depreciated at the official market, trading at N1,402.67 to the...
Severe Macroeconomic Headwinds Overshadow MTN Nigeria Performance –CEO

Severe Macroeconomic Headwinds Overshadow MTN Nigeria Performance –CEO

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Severe Macroeconomic Headwinds Overshadow MTN Nigeria Performance –CEO MTN Nigeria Plc earnings plunged again due to negative impacts of the naira fluctuations. The telecom posted...
Kaduna Internal Revenue Service Seals 7 Telecom Masts over N5.8bn Unpaid Taxes

Kaduna Internal Revenue Service Seals 7 Telecom Masts over N5.8bn Unpaid Taxes

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Kaduna Internal Revenue Service Seals 7 Telecom Masts over N5.8bn Unpaid Taxes The Kaduna State Internal Revenue Service (KADIRS) on Thursday sealed seven telecommunication masts...
NDIC Urges Depositors to Patronise Only Licensed Deposit Financial Institutions

NDIC Urges Depositors to Patronise Only Licensed Deposit Financial Institutions

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NDIC Urges Depositors to Patronise Only Licensed Deposit Financial Institutions The Nigeria Deposit Insurance Corporation (NDIC) has urged depositors to patronise only deposit financial institutions...
Access Holdings Profit Rises by 122% to N159bn in Q1

Access Holdings Profit Rises by 122% to N159bn in Q1

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Access Holdings Profit Rises by 122% to N159bn in Q1 Access Holdings profit after tax rose significantly in the first quarter of 2024, up by...
FIRS Directs Banks to Charge 0.375% Stamp Duty on Mortgage-Backed Loan

FIRS Directs Banks to Charge 0.375% Stamp Duty on Mortgage-Backed Loan

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FIRS Directs Banks to Charge 0.375% Stamp Duty on Mortgage-Backed Loan Deposit money banks (DMBs) in Nigeria have been directed by Federal Inland Revenue Services...
Inflation Pressures Facing Private Sector Ease in April -PMI

Inflation Pressures Facing Private Sector Ease in April -PMI

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Inflation Pressures Facing Private Sector Ease in April -PMI Inflationary pressures softened in the Nigerian private sector during April, following record increases in purchase costs...
Gov. Eno Approves N2bn for Gratuity Payment for April

Gov. Eno Approves N2bn for Gratuity Payment for April

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Gov. Eno Approves N2bn for Gratuity Payment for April   Gov. Umo Eno of Akwa Ibom has approved the sum of N2 billion for the payment...
Otti signs Dig Once Policy for Abia

Otti signs Dig Once Policy for Abia

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Otti signs Dig Once Policy for Abia Gov. Alex Otti of Abia has signed the Dig Once Policy to regulate installation of underground, broadband technology...
Construction of coastal Routes can Strengthen Naira —Works Minister

Construction of coastal Routes can Strengthen Naira —Works Minister

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Construction of coastal Routes can Strengthen Naira —Works Minister The Federal Government has hinted that the construction of coastal routes in Nigeria has the potential...