Category: Business
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 [...]
Sirika: Nigeria Air will be delivered before 2023, says 10 new airports underway
Hadi Sirika, the minister for aviation, says plans are underway to ensure that Nigeria Air, the national carrier, is delivered before the end of the [...]
Access Bank gets approval to restructure into Holding Company
Access Bank has announced that it has received the Central Bank of Nigeria’s (CBN’s) Approval-in-Principle to restructure into a Holding Company ( [...]