Moniepoint urges collaboration to promote financial inclusion
Fintech company MoniePoint Inc, has emphasized the significance of public-private partnership to promote financial inclusion in Nigeria. A statement from Moniepoint on…
News
Nigeria’s vehicle importation declines 60.8% in H1 2024
The number of vehicles imported into the country in the first half of the year significantly decreased by 60.4 per cent, year-on-year…
Ex-Filmhouse MD Moses Babatope launches new entertainment company
A renowned figure in the Nigerian film industry, Moses Babatope, has officially launched Nile Media Entertainment Group, a new production and distribution…
Germany considers tax reduction for foreign skilled workers
Germany is contemplating a tax relief initiative aimed at attracting skilled foreign professionals to the country. Under the proposed plan, new foreign…
Universal music’s shares drop over low, streaming, subscription revenue
Shares of Universal Music Group, the major label backing Don Jazzy’s Mavin Records, plunged more than 20% on Thursday as the company…
Tunji Bello takes over as FCCPC boss
A former Lagos Commissioner, Mr. Tunji Bello, officially assumed the role of Chief Executive Officer and Executive Vice-Chairman of the Federal Competition…
CBN sells treasury bills at 22.1% stop rate
The Central Bank of Nigeria has sold one-year Treasury Bills at a stop rate of 22.1% in a recent auction held on…
FG to raise $500m in domestic foreign currency bonds
The federal government has said it intends to issue $500 million in bonds denominated in foreign currencies in three to four weeks’…
FCMB records N64.2b pre-tax profit in H1 2024
FCMB Group reported a profit before tax of N64.2 billion in the first half of 2024, a 68% increase over the N38.2…
Nile Media Group announces Moses Babatope as CEO
A well-known figure in the Nigerian film industry, Moses Babatope has been named the CEO of Nile Media Entertainment Group, a company…
Increase sweetened beverage tax to reduce sugar consumption, expert tells FG
Public health expert, Dr. Francis Fagbule has urged the Nigerian government to raise the 2021 sugar-sweetened beverages (SSBs) tax considerably in order…
Eni gets approval to sell Nigerian Agip Oil to Oando
Italian oil major Eni has secured approval from the Nigerian Upstream Petroleum Regulatory Commission to proceed with the sale of its subsidiary,…