Business
FCMB Group declares N374.5 billion profit in first half of 2024
The micro-lending wing of FCMB Group, Credit Direct Ltd, declared a revenue of N16.5 billion and a profit of N3.9 billion.
26 July 2024
Business
Business
MAN Urges Regulatory Agencies to desist from demarketing products
MAN emphasized the need for regulatory agencies to promote Nigerian investments and create a supportive business environment rather than a harsh one
25 July 2024
Business
Nigeria Passes New Finance Amendment Bill Into law
the new finance bill was a proposal mandating banks to turnover as high as 50% of their profits from foreign exchange operations as tax to the federal government
24 July 2024
Business
NNPC/Dangote quarrel hurting Nigeria’s business landscape in the global arena
Heineken Lokpobiri, summoned Dangote and the NNPC leadership to a meeting yesterday aimed at resolving the differences between Dangote and the union of oil markets in Nigeria.
23 July 2024
Business
Nigeria government fines Meta $220 million for data privacy breach
Nigeria FCCPC has fined Meta (parent company of Facebook, WhatsApp, and Instagram) $220 million for violating user data privacy policies.
22 July 2024
Business
CBN Updates Guidelines for Managing Dormant Accounts and Unclaimed Balances
The CBN emphasized that these new guidelines take precedence over the previous guidelines issued in October 2015
20 July 2024
Business
Nigeria’s inflation rate soars despite CBN’s monetary policies
Nigeria has seen inflation rate rise uncontrollably without respite for 18 straight months, while the value of the naira has severely plunged
19 July 2024
Business
Survey shows managers prefer to hire for skills rather than educational qualifications
Breaking News: Results from a recent survey published by Resume Genius Hiring Survey shows that most managers would now hire
19 July 2024
Business
ICAN Cracks Down on Invalid Accounting Licenses
The Institute of Chartered Accountants in Nigeria (ICAN) is taking decisive action against members using invalidated and untenured practice licenses.
18 July 2024
Business
Crypto assets attract $17.8 billion in investments, with Ethereum and Bitcoin taking the lion’s share.
Breaking News: A record $17.8 in investments has been reached by all crypto assets. 9AM News Nigeria can reveal.
16 July 2024
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