Category: Business

CAC threatens shutdown of unregistered PoS operators from Jan 1

The Corporate Affairs Commission has announced that all unregistered Point of Sale operators will be...

Chevron confirms participation in Nigeria’s 2026 oil licensing round

Chevron announced on Friday that it will participate in Nigeria’s next oil licensing round and...

FG defends new tax reforms, says not additional burden

The federal government has defended the recently enacted tax laws, describing them not as additional...

Nigeria’s business confidence rises for eleventh consecutive month — Report

Nigeria’s business confidence continued its upward trajectory, as the Business Performance Index rose to 113.3...

LCCI elects Leye Kupoluyi as new president

The Lagos Chamber of Commerce and Industry has elected Mr. Leye Kupoluyi as its new...

Guinness Nigeria to resume dividend payments after two-year hiatus

Guinness Nigeria Plc is expected to resume dividend payments next year after the beer maker...

eTranzact leads ICT profitability with 11.9% net margin — Report

Nigeria’s listed ICT companies recorded significantly different net profit margins in the first nine months...

India withdraws order mandating pre-installed cybersecurity app for smartphones

The Indian government has withdrawn its directive requiring smartphone makers to pre-install a state-run cybersecurity...

CBN announces new ATM withdrawal

The Central Bank of Nigeria has updated its cash withdrawal regulations, ending the special authorisation...

Inefficient automation systems cost manufacturers’ millions – Report

Manufacturers around the world are losing up to 7.5 per cent of their annual revenue...

Local contractors block finance ministry over N500bn unpaid debts

Local contractors from the All Indigenous Contractors Association of Nigeria staged a protest at the...

Prada completes acquisition of rival Versace

Prada on Tuesday announced it has completed the acquisition of Italian luxury rival Versace, a...