World Bank suspends $8.6bn loan to Nigeria – Report
Nigeria has a $8.25 billion undisbursed World Bank debt as of July 2023. According to The Punch, this was based on information…
Business
Why Nigeria cannot disregard tech talent – NASENI
The new Executive Vice Chairman/Chief Executive Officer of the National Agency for Science and Engineering Infrastructure, Mr. Khalil Halilu, has stated that…
Rand Merchant Bank loans N40bn to GZ Industries
Rand Merchant Bank acted as the sole arranger and lender on a $47 million, approximately N34.83 billion, and N5 billion fundraising package…
Why mining agency, proposed solid minerals company won’t clash – FG
The planned Solid Minerals Corporation would not conflict with the objectives of the Solid Minerals Fund, according to the Executive Secretary and…
Fidelity Bank reports N76.3bn profit in H1
Fidelity Bank Plc reports that its profit before tax increased by 204.4 percent to N76.3 billion at the conclusion of the first…
NESG, others partner to increase food fortification
The Nigerian Economic Summit Group, collaborated with eHealth Africa and the Civil Society Legislative Advocacy Centre, on Thursday to propose a solution…
NESG, others partner to increase food fortification
The Nigerian Economic Summit Group, collaborated with eHealth Africa and the Civil Society Legislative Advocacy Centre, on Thursday to propose a solution…
Dangote subsidiaries pay N474bn in taxes over three years
Dangote Industries Limited increased the Federal Government’s tax base by remitting over N474 billion in taxes over the course of three years.…
Consumer, company taxes rise 96% to N2.3tn – Report
Tax income from businesses and consumers increased by 96.11 percent to N2.31 trillion in the second quarter of 2023, representing a significant…
Waste managers ask Sanwo-Olu to review accrued debts
The Association of Waste Managers of Nigeria has expressed regret at the delay in Visionscape paying its members’ debt. According to The Punch,…
How stock investors gained N1.08tn in one week
Investors in the Nigerian equity market saw a N1.08 trillion increase in their wealth last week. The Punch reported that the increase came…
Dell Technologies CEO Michael Dell’s network hits $68.3bn
The CEO of Dell Technologies, Michael Dell, has watched his fortune increase dramatically as the company’s market value reaches an all-time high.…