News

Nigeria’s second-largest telecom operator, Airtel Africa Plc, has disclosed a loss after tax of $89m for its full year ending March 2024, attributing the downturn to a substantial foreign exchange...

At the 33rd Annual General Meeting (AGM) of Zenith Bank Plc, which took place on Wednesday, May 8, 2024, at the Civic Center, Victoria Island, Lagos, the shareholders approved the...

The state governments of Ekiti, Cross River, and Ogun have proposed a suspension of their foreign debt repayments worth $501m due to severe foreign exchange volatility. The proposal is part...

According to Taiwo Oyedele, chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, the committee has proposed increasing the Value-Added Tax (VAT) rate from the current 7.5 percent...

At the 33rd Annual General Meeting (AGM) held at the Civic Centre, Victoria Island, Lagos, shareholders of Zenith Bank Plc unanimously approved the proposed final dividend payment of N3.50 per...

Hussaini Magaji (SAN), the Registrar General of the Corporate Affairs Commission (CAC), has emphasized that all financial technology operators (Fintechs) must register with the commission before July 7, 2023. He...

The naira on Wednesday slightly depreciated at the official market, trading at N1,421.06 to the dollar. Data from the official trading platform of the FMDQ Exchange, a platform that oversees...

Some Point of Sale (PoS agents) in the FCT have expressed concern over the Corporate Affairs Commission's (CAC) new rule requiring them to register with the commission. On Monday, the...

Microsoft, a multinational technology company based in the United States, is considering eliminating one of its Nigerian businesses, the African Development Centre in Lagos. Microsoft's ADC is in Ikoyi, a...

Following the media disagreement between organised labour and some governors on the national minimum wage, the Nigeria Employers’ Consultative Association has called on both parties to sheath their swords and...