Category: Business

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MTN sues AGF, CBN over $10.1bn demand in unpaid taxes

MTN sues AGF, CBN over $10.1bn demand in unpaid taxes

MTN Nigeria has filed a suit against the Central Bank of Nigeria (CBN) and the attorney-general of the federation to seek a restraining order. In a su [...]
Dangote Group emerges winner at the 2018 Nigerian Risk awards

Dangote Group emerges winner at the 2018 Nigerian Risk awards

Dangote Group has emerged winner of the 2018 prestigious Nigerian Risk Award (NRA) which recognizes organizations who have made measurable impact with [...]
Top 50 brands: Dangote Group emerges most valued in Nigeria

Top 50 brands: Dangote Group emerges most valued in Nigeria

Dangote Group has emerged as the most valuable brand among the top 50 brands in Nigeria for 2018 unveiled at the weekend in Lagos. This is coming bare [...]
Manufacturing key to economic growth, development – Aliko Dangote

Manufacturing key to economic growth, development – Aliko Dangote

Executive Director of the Dangote Group, Hajiya Halima Aliko-Dangote has urged millennials in Nigeria and across Africa to diversify from service-orie [...]
CBN fines four banks N5.8bn, MTN for illegal funds repatriation

CBN fines four banks N5.8bn, MTN for illegal funds repatriation

The Central Bank of Nigeria has imposed heavy fines totalling N5.87bn on four banks under its regulatory purview for alleged illegal funds repatriatio [...]
Prime Minister, Theresa May speaks on experience in Nigeria

Prime Minister, Theresa May speaks on experience in Nigeria

British Prime Minister, Theresa May, says she had an excellent time in Nigeria and hopes to see increased trade and investment between Nigeria and the [...]
Aliko Dangote’s oil refinery may be delayed till 2022

Aliko Dangote’s oil refinery may be delayed till 2022

The oil refinery being built in Lagos by Dangote Group is unlikely to start production until 2022, two years later than the target date. Reuters quote [...]
Federal Mortgage Bank reduces conditions for housing loan

Federal Mortgage Bank reduces conditions for housing loan

Nigerians above 18 with a steady paycheck will now be able to access up to N5 million housing loan from the Federal Mortgage Bank of Nigeria without e [...]
GTBank records profit before tax of N109.6BN for H1 2018 audited results

GTBank records profit before tax of N109.6BN for H1 2018 audited results

Guaranty Trust Bank plc has released its audited financial results for the period ended June 30, 2018 to the Nigerian and London Stock Exchanges. A re [...]
OAU loses accreditation for Law, Dentistry, Botany

OAU loses accreditation for Law, Dentistry, Botany

The Obafemi Awolowo University, Ile-Ife, Osun State,  has lost accreditation for four of the courses offered in the institution. The National Universi [...]
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