Business
FG Approves ExxonMobil, Seplat $1.2b Divestment Deal
Following a two year wait FG finally approves ExxonMobil’s $1.2 billion onshore assests sale to Seplat Energy.
22 October 2024
Business
Business
New bills seeks to tax betting and gaming services
Nigerian Government aims towards greater revenue generation by targeting gaming and betting services with taxes.
21 October 2024
Business
FAAC Distributes N1.298 Trillion to Federal, State, and Local Governments for September 2024
FAAC distributes N1.298 trillion for September 2024 among the Federal, State, and Local Governments, with funds from VAT, EMTL, and Oil Royalties.
19 October 2024
Business
Nigeria Secures $119 Million in MSME and Tech Investments from Ericsson and Gluwa
Nigeria lands $119 million in investments for MSMEs and the tech sector from Ericsson and Gluwa, following VP Shettima’s meeting with Swedish investors.
18 October 2024
Business
Federal Government Rejects Shell $1.3 Billion Divestment Deal With Renaissance Group
The Nigerian government, through the NUPRC, rejects Shell’s $1.3 billion onshore asset sale to Renaissance Group
17 October 2024
Business
Telecoms Sector May Face Divestment Crisis Without Prices Review, Warns MTN CFO
MTN CFO, Mr. Module Kadri, warns of a potential divestment crisis in Nigeria’s telecoms sector if service prices are not reviewed
16 October 2024
Business
Survey Reveals Nigerians’ Frustrations with High Interest Rates
CBN Inflation Expectations Survey reveals that 71.5% of Nigerians are calling for lower interest rates amid economic hardship
15 October 2024
Business
FIRS Launches USSD Code for Seamless Tax Payment in Nigeria
The Federal Inland Revenue Service (FIRS) launches *829# USSD code for easier tax payment and services in Nigeria
14 October 2024
Business
Kuda Secures PSP Licence in Tanzania, Expands Remittance Services
Kuda has obtained a Payment Service Provider (PSP) licence in Tanzania, enabling affordable cross-border payments
12 October 2024
Business
CBN Reaffirms Commitment to Financial Stability and Secure Deposits
The Central Bank of Nigeria (CBN) reassures Nigerians of the stability and security of financial system, ensuring all bank deposits are safe
11 October 2024
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