Category: Business

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FIRS chairman, Fowler blames oil prices, recession to low tax revenue

FIRS chairman, Fowler blames oil prices, recession to low tax revenue

Responding to a memo from Abba Kyari, the chief of staff to the president, who said there were significant variances between the budgeted collections [...]
UBA partners LCCI for 2019 Lagos International Trade Fair

UBA partners LCCI for 2019 Lagos International Trade Fair

Pan African financial services institution, United Bank for Africa (UBA) Plc, and the Lagos Chamber of Commerce and Industry(LCCI), have partnered to [...]
FIRS chief, Fowler, queried over worsening revenue collection

FIRS chief, Fowler, queried over worsening revenue collection

President Muhammadu Buhari has queried the chief executive of the Federal Inland Revenue Service (FIRS), Babatunde Fowler, over worsening tax collecti [...]
GTBank releases 2019 half year audited results …. reports profit before tax of ₦115.8bn

GTBank releases 2019 half year audited results …. reports profit before tax of ₦115.8bn

Guaranty Trust Bank plc has released its audited financial results for the half year ended June 30, 2019 to the Nigerian and London Stock Exchanges. T [...]
Buhari decries dependence on foreign medical treatment

Buhari decries dependence on foreign medical treatment

President Muhammadu Buhari has said that Nigeria must reduce dependence on medical treatment abroad. He, however, assured that the efforts by the Fede [...]
Foreign investment into Nigeria drops by 43% – UN report

Foreign investment into Nigeria drops by 43% – UN report

Foreign direct investment in Nigeria, Africa’s top oil producer has plunged by 43 per cent to $2bn, according to a United Nations report. Reuters repo [...]
Verve Global Card launches 1st international transaction in US

Verve Global Card launches 1st international transaction in US

Verve, a leading payments technology and card business in Africa and Discover Global Network, the payments brand of Discover, today held an event to l [...]
Zenith bank boss, Jim Ovia loses $64m

Zenith bank boss, Jim Ovia loses $64m

Jim Ovia, founder and chairman of Zenith Bank has lost close to $64 million in paper net worth over the last six months as the stock price of his bank [...]
InterswitchSPAK 2.0 set to hold Masterclass August 19

InterswitchSPAK 2.0 set to hold Masterclass August 19

Interswitch Group, a leading Pan-African integrated digital payment and commerce company, is set to host the second edition of the InterswitchSPAK 2.0 [...]
Court remands ex-INEC chair, Iwu over ‘N1.2bn fraud’

Court remands ex-INEC chair, Iwu over ‘N1.2bn fraud’

A federal high court in Lagos, on Thursday, remanded Maurice Iwu, former chairman of the Independent National Electoral Commission (INEC), in custody [...]
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