Business & Finance

CBN Hikes Minimum Capital Base For Banks To 500 Bi

Friday, March 29, 2024
The Central Bank of Nigeria has announced the increment of the capital base for commercial banks with international authorisation to N500bn and national banks to N200bn. The banker 39;s bank announced this in a statement signed by its Acting Director, Corporate Communications, Sidi Ali, in Abuja ...

No Additional Taxes Will Be Introduced By Firs – Adedeji

Thursday, March 28, 2024
The Chairman of the Federal Inland Revenue, Zacch Adedeji, has once again expressed the agency rsquo;s commitment not to introduce additional taxes in the country. This was disclosed by Adedeji on Wednesday, when the Chief Executive Officer of Guinness Nigeria Plc, Adebayo Alli, led the managemen ...

Bank in partnership with TK Tech on $500 million digital Sukuk

Thursday, March 28, 2024
The Alternative Bank and TK Tech Africa have disclosed collaboration to transform the landscape of financial technology and non-interest banking with their innovative $500 million digital Sukuk initiative. This partnership aimed to use blockchain technology for the issuance, trading and settlemen ...

FG Secures $198,000 Grants From CCAC To Combat Climate Change

Thursday, March 28, 2024
To combat climate change, the federal government has secured $198,175 in grants from the Climate and Clean Air Coalition (CCAC) to restrict open-field burning practices among farmers. The Permanent Secretary, Federal Ministry of Agriculture, Temitope Fashedemi, during a workshop on the implementa ...

Over N500m Facility Disburse To Empower Women Entrepreneurs

Thursday, March 28, 2024
The Association of Nigerian Women Business Network (ANWEN) have disbursed N500 million facility to over five million Nigerian women entrepreneurs to boost their businesses. ANWEN in partnership with Unity Bank had put the facility in place to enable beneficiaries to get soft loans, ranging from N ...

Opportunities For Businesses To Leverage Google Advantage

Thursday, March 28, 2024
Businesses in Nigeria will be given the opportunity to leverage Google technologies for growth and competitiveness. This was revealed at a roundtable in Lagos, where leading companies from Nigeria joined Google West Africa to discuss the shift towards privacy-first marketing as third-party cookie ...

Max Motorcycles Support Carbon-zero Emission In Lagos

Thursday, March 28, 2024
In disclosing its support of the global move to achieve carbon-zero emission and to reduce the high cost of maintaining internal combustion engine vehicles, the management of MAX has donated low-emission MAX Motorcycles to the Lagos State Residents Registration Agency (LASRRA). Since founded in 2 ...

British Council With Partner Provide Grants To Young Nigerians

Wednesday, March 27, 2024
After four weeks training of 60 young business-oriented young Nigerians supervised by Nerdz Factory, British Council, in collaboration with Prince rsquo;s Trust International, has provided a sum of N250,000 grant each to the final eight winners of The Sustainable Enterprise Challenge Programme (TSEC ...

PFA Deploys A New Interactive Platform To Address Pensioners’ Challenges

Wednesday, March 27, 2024
Pension Fund Administrator (PFA) Pension Limited (PPL) has disclosed the deployment of a new platform to interact with pension contributors and address the challenges they are facing across the country. The new platform, Premium Interactive Member Assistant (PRIMA) is a social-media-based platfor ...

Senate Implores Okonjo-iweala To Help Facilitate Nigeria’s Access To Global Mark

Wednesday, March 27, 2024
Chairperson of the Senate Committee on Local Content, Natasha Akpoti-Uduaghan, seeked the help of the Director-General of the World Trade Organisation (WTO), Dr Ngozi Okonjo-Iweala, in facilitating access to global markets for Nigerian businesses to boost economic growth and diversification. This ...
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