Manufacturers, farmers to be exempted from Withholding Tax – PTC
Relief for manufacturers and farmers in Nigeria as Presidential Tax Committee (PTC) has proposed exemption of the sectors from withholding tax. The Chairman of the...
Excitement short-lived as $Davido loses 93% hours after launch
Despite the excitement on the X space by the launch of the $Davido tokens, the party was reportedly short-lived as the memecoin allegedly lost over...
Davido ventures into cryptocurrency, launches $Davido meme coin
Popular Nigerian artist, David Adeleke, popularly known as Davido, has ventured into the cryptocurrency arena by launching his own meme coin, $Davido. The coin, which...
AfDB Spent $50bn to boost Africa’s infrastructure in 9 years – Adesina
President of the African Development Bank (AfDB), Akinwumi Adesina, on Wednesday, said that in the past nine years, the bank had spent $50 billion to...
African nations urged to attract private sector financing of tertiary institutions
Experts attending an African Development Bank (AfDB) High-level dialogue in Kenya have urged African nations to intensify efforts to attract private-sector financing to enhance tertiary...
Elumelu applauds FG’s commitment to pay over N2 trillion owing GenCos
The Chairman of Translational Group, Transcorp Plc., Tony Elumelu, has commended the Federal Government of Nigeria over its recent announcement to pay excess of N2...
CBN sacks 200 staff members
The Central Bank of Nigeria (CBN) on Friday relieved, at least, 200 staff. The development came in addition to the long list of ongoing disengagements...
FIRS unveils new slogan
The Federal Inland Revenue Service (FIRS) has unveiled a new slogan. The newly launched slogan is “Simplifying Tax, Maximising Revenue” replacing the previous one, “It...
CBN expresses support for fintechs
The Central Bank of Nigeria, CBN, has reiterated its readiness to support financial technology companies, FinTechs. Olayemi Cardoso, the CBN Governor, gave the explanation on Tuesday...
No Nigerian bank under pressure over recapitalisation – CBN Governor
Olayemi Cardoso, the governor of the Central Bank of Nigeria, has disclosed that no Nigerian bank is under pressure over recapitalisation. Cardoso made this known...