Author: Eberechi Constance

Access Holdings Plc secures regulatory approval for Rights Issue

• Strengthens Banking Subsidiary’s Capital Position Beyond Regulatory Requirements     Access Holdings Plc, has announced the successful conclusion of its Rights Issue, securing full regulatory approvals from the Central Bank of Nigeria (CBN) and the Securities and Exchange Commission (SEC). The Rights Issue involved the issuance of 17,772,612,811 Ordinary[Read More…]

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Tax reforms to stay, says president Tinubu

  President Bola Tinubu has reaffirmed his administration’s commitment to implementing tax reforms in Nigeria, stating that the reforms are irreversible. This declaration underscores the government’s determination to push through with the proposed changes, despite opposition from various quarters. President Tinubu in his maiden media chat held Monday in Lagos[Read More…]

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Lagos Assembly debunks N17bn gate contract allegation

  The Lagos State House of Assembly has dismissed as flawed the allegation made by an anti-corruption coalition that it awarded a N17 billion contract for the construction of the Assembly’s gate. The Chairman, House Committee on Information, Security and Strategy, Mr Stephen Ogundipe denied the allegation in a statement in Lagos on Thursday. An[Read More…]

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UBA donates N500m to Lagos Security

      United Bank for Africa (UBA) has donated the sum of N500 million to the Lagos State Security Trust Fund (LSSTF). The bank donated through the UBA Foundation, its corporate social responsibility arm, as part of its continued commitment to a secure environment for individuals and businesses. The[Read More…]

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FEC approves N47.96trn budget proposal for 2025

      The Federal Government is to spend 47,960,000,000,000 in 2025.   The proposed expenditure was given as the Federal Executive Council (FEC) on Monday approved the budget proposals for 2025 with President Bola Tinubu ordering some amendments after its presentation to the Council by the Budget Office. Briefing[Read More…]

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