IMF doesn’t publish exchange rates – Rep
The International Monetary Fund Resident Representative for Nigeria, Christian Ebeke, stated in a statement on Friday that the IMF does not release…
Business
CITN condemn tax evasion among wealthy class
By Melvin Onwubuke The chartered Institute of Taxation of Nigeria has decried the volume of tax evasion in the country; particularly among…
New accounting development tool will aid transparency – FRC
By Melvin Onwubuke The Chief Executive Officer of the financial Reporting Council of Nigeria, Dr. Rabiu Olowo has disclosed the use of…
Investors lose N67bn as market dips
By Melvin Onwubuke The Nigerian stock market could not maintain the early trading trend as it returned to the red zone…
Manufacturing sector’s FDI rises by $644m – NBS
Foreign investments in Nigeria’s manufacturing sector increased by $644 million in 2023 to $1.5 billion from $948 million in the previous year.…
China’s Lenovo reports $15.72bn Q3 revenue growth
The world’s largest manufacturer of personal computers, Lenovo Group (0992.HK), based in China, announced on Thursday that its revenue for the October-December…
IATA, weather company collaborate on data
The Weather Company and the International Air Transport Association are working together to provide airlines with improved weather information pertaining to turbulence.…
PZ Cussons shareholders to meet over N73bn loss
PZ Cussons Nigeria Plc has convened an extraordinary general meeting of shareholders following a N73.8 billion loss that reduced the value of…
NICA proposes credit guarantee system for struggling businesses
By Melvin Onwubuke The National Institute of Credit Administration has called on the federal government to establish a broad credit guarantee…
CAC registers 330,000 small enterprises
The Corporate Affairs Commission stated that it has begun the registeration of extra 330,000 small enterprises that were previously conducting business informally…
FIRS announces new TAXPR-MAX platform for CbCR
The Federal Inland Revenue Service has declared that it will be switching over to the TAXPRO-MAX platform from the e-TPPLAT platform, which is…
FG, cement producers agree N7000, N8000 cement price
The pricing range for a 50 kg bag of cement has been set by the Federal Government and cement producers including BUA,…