Business News

In a remarkable milestone, the Nigeria Exchange (NGX) has continued its bullish momentum, with the All-Share Index crossing the 70,000 mark for the first time in history. The trading day...

1. Smugglers shift operations from borders to waterways Following strong enforcement presence of officers and men of the Nigerian Customs Service, NCS, smugglers have shifted their operations to the waterways......

The Lagos State Internal Revenue Service has closed down 34 corporate organisations for failing to remit Personal Income Taxes of their employees and for non-remittance of consumption taxes by operators...

Both interest income and non-interest income have helped to drive three-digit growth in the topline metrics of Zenith Bank Plc for the third quarter ended September 2023. This was revealed...

The profit after tax of the Nigerian Exchange Group surged by 606.2 per cent to N1.22bn at the end of the third quarter compared to N172.7m in the same period...

The Federal Government has set aside N575.6bn in its special funding budget to boost the fight against insecurity and prosecute the ongoing anti-insurgency war. Under this, a total of N184.25bn...

1. No plans to redenominate naira — CBN The Central Bank of Nigeria has said that it has no plan to redenominate or restructure the naira notes in 2024... Read...

The Chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, Taiwo Oyedele, has assured Nigerians that the ongoing plan by the Federal Government to introduce new foreign exchange...

Investors have reduced their patronage of FGN Savings Bond as subscription value has dropped by 13.7% to N10.7 billion in the third quarter 2023, Q3’23, as against N12.4 billion recorded...

A total of N21.1bn was spent on the procurement of vehicles for various ministries, departments and agencies within five months, Findings by The PUNCH have shown. These approvals contained in a document...