Category: Business
Dangote Cement makes N162.9 billion profit in 6 months
Africa’s largest cement producer, Dangote Cement plc, has announced a Profit Before Tax (PBT) of N162.90 billion for the six months ended June 30, 202 [...]
FIRS provides further clarification on stamp duty for rent
The Federal Inland Revenue Service, FIRS has clarified that the stamp duty payable on rent or lease agreement for a period below seven years is 0.78 p [...]
FIRS orders tenants, lessees to pay 6% stamp duty
The Federal Inland Revenue Service (FIRS) has asked landlords and property agents to charge six per cent stamp duty on all tenancy and lease agreement [...]
A A Rano expands frontiers, delves into aviation, launches Rano Airline
Kano-based billionaire business mogul, Alhaji Auwalu Abdullahi Rano, more popularly known as A A Rano, is expanding his business frontiers with the la [...]
FG earmarks 75bn for Youth Investment Fund
The Federal Executive Council (FEC) on Wednesday in Abuja approved the establishment of a N75billion Nigerian Youth Investment Fund (NYIF) to support [...]
Dangote Cement promo: Block makers association urges members’ participation
Block makers and artisans who are major users of cement have endorsed the ongoing Dangote Cement bag of goodies season 2 promo. The building sector pr [...]
Access Bank gets $50m IFC loan to support SMEs
Access Bank Plc has secured a $50 million loan from the International Finance Corporation (IFC), a member of the World Bank Group, for small and mediu [...]
Fidelity Bank PLc announces new CEO, Onyeali-Ikpe
The appointment of Mrs Nneka Onyeali-Ikpe as Fidelity bank plc new Chief Executive Officer Designate has been announced. Her appointment follows the i [...]
Access Bank completes acquisition of Kenya’s Transnational Bank
Access Bank Plc has announced the successful completion of the acquisition of Transnational Bank Plc, of Kenya (TNB). The Bank made this known through [...]
GTBank named in Euromoney Excellence in Leadership Awards for Covid-19 response
Guaranty Trust Bank Plc has been awarded the Euromoney Excellence in Leadership Africa Award, a premier award category set up to recognize banks aroun [...]