Business/Finance

A New Hike In Inflation May Occur This Month

CITN Urges Govt To Stop Non-State Actors From Collecting Taxes

Samuel Agbeluyi (President/Chairman CITN Council)

The Chartered Institute of Taxation of Nigeria has called on the three tiers of government to stop non-state actors from collecting taxes in the country. CITN’s President/Chairman of Council, Samuel Agbeluyi, disclosed this while speaking on the sidelines of the inauguration of the CITN Abuja Liaison Office in the Federal Capital Territory ... Read more

Only Two Per Cent Of Investments Is In Liquid Assets - PenCom

Aisha Dahir-Umar (PenCom Boss)

The National Pension Commission (PenCom) has disclosed that only two per cent of the N19.67 trillion total pension assets, which amounts to N396.3 billion, is in cash as of the end of the first quarter. This was disclosed due to a reported plan by the federal government to borrow 20 trillion from the fund-to-fund critical infrastructure. Whereas ... Read more

Stakeholders Seeks Partnership With FG On CNG Initiative

Adekunle Jaiyesimi

The President of the Association of Automobile Boatyards Transport Equipment and Allied Employers of Nigeria, Adekunle Jaiyesimi, has called on President Bola Tinubu, to carry all relevant stakeholders along as it steps up efforts to enhance the adoption of Compressed Natural Gas in the country. This was disclosed by Jaiyesimi at the 44th Annual ... Read more

UK Regulator Reports Air Peace Over Alleged Safety Violation

The United Kingdom Civil Aviation Authority has written to Nigeria’s Civil Aviation Authority disclosing that Air Peace has reportedly violated some aviation safety regulations This was made barely three months after the Nigerian carrier commenced the Lagos-London route. The CAA’s letter of complaint forwarded to NCAA was entitled ... Read more

PIA Set To Boost Success Of Nigeria’s Oil Bid Round - PETAN

Wole Ogunsanya (Chairman of PETAN)

The Petroleum Technology Association of Nigeria (PETAN) has expressed commitment that the nation’s Petroleum Industry Act (PIA) will enhance the success of the 2024 oil bidding round. This was disclosed by the Chairman of PETAN, Wole Ogunsanya, an engineer, during a road show by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) ... Read more

Moniepoint Recognized As Africa’s Fastest Growing Financial Institution

Moniepoint Inc, parent company of Nigeria’s leading financial institutions, Moniepoint MFB and TeamApt Ltd has been ranked as Africa’s fastest-growing financial institution by the Financial Times. This was disclosed in its annual “Africa’s Fastest Growing Companies” survey, released recently. It is the second consec ... Read more

FG Set To Attract Saudi Arabia To N

Abubakar Atiku Bagudu (Minister of Budget and Economic Planning)

The federal government has disclosed plans to attract the government and private ...
read more »

U.S. Partners With FCMB On $10m Cre

The United States Agency for International Development (USAID) together with the ...
read more »

Nigeria Suffers $1tn Annual Loss To

Maritime stakeholders have disclosed that the country is losing N$1tn annually t ...
read more »

CBN Directives: Banks Stop Collecti

Dr. Olayemi Cardoso (Governor, Central Bank of Nigeria (CBN)

A number of banks have complied with the Central Bank of Nigeria’s directi ...
read more »

FG Implements National Cybersecurit

The Central Bank of Nigeria (CBN) has ordered banks and other financial institut ...
read more »