Category: Business
GTBank obtains approval to restructure as holding company
Guaranty Trust Bank (GTBank), Nigeria’s biggest bank by market capitalisation, has obtained an approval-in-principle from the Central Bank of Nige [...]
Dangote refinery debunks story about death in the refinery
Dangote refinery debunked an online media report, which stated that a protester was shot and killed by Policemen while protesting at the Refinery on T [...]
FG to increase VAT rate by additional 2.5% in 2021
Federal Government on Tuesday disclosed that it has spent N7.09 trillion as at the end of the third quarter of 2020 fiscal year, just as it unveiled p [...]
Savings deposits, digital banking boom as Fidelity Bank declares N20bn profit
Fidelity Bank has announced a seven percent growth in profit after tax from N19 billion to N20.4 billion. According to the 2020 third-quarter result [...]
Senate committee rejects N5 billion bailout for airline operators
The Senate Committee on Aviation has rejected the proposed N5 billion bailout for airline operators and other businesses in Nigeria’s aviation s [...]
Lagos to give tax break to business owners affected by #EndSARS crisis
The Lagos state government has promised to provide financial support for business owners whose stores were looted and vandalised during the #EndSARS [...]
Governor Sanwo-Olu lifts curfew in Lagos
The Lagos State Governor, Babajide Sanwo-Olu, has lifted the curfew imposed on the state with immediate effect. This was contained in a press [...]
AlphaBeta’s collection of $19m monthly revenue in Lagos sacrilegious – Bode George
Lagos politician, Olabode George has described as sacrilegious the collection of internally generated revenue in Lagos state by a private firm c [...]
Here is why the US is opposing Okonjo-Iweala’s election as WTO DG
The United States has explained why it is against the election of Ngozi Okonjo-Iweala as the next director-general of the World Trad [...]
Despite consensus opinion, US opposes Okonjo-Iweala WTO candidature
The United States has opposed Nigeria’s Ngozi Okonjo-Iweala as the consensus candidate to lead the World Trade Organisation.
Key WTO ambass [...]