Nigeria Business Now Archives - Page 10 of 82

Business

FG to implement central revenue system for financial transparency

FG to implement central revenue system for financial transparency The federal government on Monday said it will implement a central revenue system to boost financial transparency and accountability. Mohammed Manga, director of information and public relations at the ministry of finance, made this known in a statement. Manga said the[Read More…]

June 25, 2024 by Eberechi Constance Comments are Disabled

Business

InfraCredit secures $15m AfDB loan to enhance infrastructure financing in Nigeria

InfraCredit secures $15m AfDB loan to enhance infrastructure financing in Nigeria The Infrastructure Credit Guarantee Company Limited (InfraCredit) has secured a $15 million loan from the African Development Bank (AfDB) to boost infrastructure financing in Nigeria. The AfDB announced the deal in a recent statement. The agreement,[Read More…]

June 24, 2024 by Eberechi Constance Comments are Disabled

Business

GTCO Rated Strongest Brand, Best Banking Brand In Nigeria

GTCO Rated Strongest Brand, Best Banking Brand In Nigeria Africa’s leading financial services institution, Guaranty Trust Holding Company Plc (“GTCO” or “the Group”), has added to its impressive haul of accolades as it was recently named Nigeria’s strongest brand and Best Banking Brand in Nigeria by Brand Finance and[Read More…]

June 24, 2024 by Eberechi Constance Comments are Disabled

Business

UK Court rules in favour of Chinese firm allows seizure of Nigeria’s properties

UK Court rules in favour of Chinese firm, allows seizure of Nigeria’s properties A commercial court in London, United Kingdom (UK), has granted Zhongshan Fucheng Industrial Investment Co. Ltd final charging orders over two residential properties owned by Nigeria in the UK. Lisa Sullivan, a master at the[Read More…]

June 24, 2024 by Eberechi Constance Comments are Disabled

Business

FG cracks down on electricity theft: sets up tribunal for prosecution

FG cracks down on electricity theft: sets up tribunal for prosecution The federal government has said that it is working on establishing an electricity offences tribunal to combat electricity theft in the country. Aliyu Tahir, managing director of the Nigerian Electricity Management Services Agency, spoke at a press[Read More…]

June 21, 2024 by Eberechi Constance Comments are Disabled

Business

NNPC, TotalEnergies sign $550m investment deal on Ubeta project

NNPC, TotalEnergies sign $550m investment deal on Ubeta project The Nigerian National Petroleum Company (NNPC) Limited has signed a memorandum of understanding (MoU) with TotalEnergies for the final investment decision (FID) on the Ubeta Field Development Project. NNPC and TotalEnergies on Thursday signed the agreement in Abuja. [Read More…]

June 20, 2024 by Eberechi Constance Comments are Disabled

Business

World Bank backs Nigeria’s plans to introduce telecoms, gambling taxes

World Bank backs Nigeria’s plans to introduce telecoms, gambling taxes The World Bank has said that its $750 million loan to Nigeria will support the federal government’s policy reforms. World Bank made this disclosed in the programme appraisal document — dated May 17, 2024 — on the proposed[Read More…]

June 20, 2024 by Eberechi Constance Comments are Disabled

Business

FG says UAE will soon lift visa ban on Nigerians

FG says UAE will soon lift visa ban on Nigerians Festus Keyamo, minister of aviation and aerospace development, says the United Arab Emirates (UAE) will soon lift the visa restriction on Nigerian travellers. Keyamo stated this on Saturday during an interview with the State House media. He said the country[Read More…]

June 18, 2024 by Eberechi Constance Comments are Disabled

Politics

Fubara tells LG admin heads to take manage Rivers councils

Fubara tells LG admin heads to take manage Rivers councils Siminalayi Fubara, governor of Rivers, has asked the heads of local government administration to immediately assume control of the 23 council areas of the state. Fubara gave the directive during a statewide broadcast on Tuesday. TheCable reports that the[Read More…]

June 18, 2024 by Eberechi Constance Comments are Disabled

Business

NITDA advocates for new act to regulate tech sector, levy 1% tax

NITDA advocates for new act to regulate tech sector, levy 1% tax The National Information Technology Development Agency (NITDA) is actively pushing for the passage of a new bill that would transform the agency into a regulator for Nigeria’s tech sector and grant it the power to levy[Read More…]

June 18, 2024 by Eberechi Constance Comments are Disabled

Latest News

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FG to implement central revenue system for financial transparency

InfraCredit secures $15m AfDB loan to enhance infrastructure financing in Nigeria

GTCO Rated Strongest Brand, Best Banking Brand In Nigeria

UK Court rules in favour of Chinese firm allows seizure of Nigeria’s properties

FG cracks down on electricity theft: sets up tribunal for prosecution

NNPC, TotalEnergies sign $550m investment deal on Ubeta project

World Bank backs Nigeria’s plans to introduce telecoms, gambling taxes

FG says UAE will soon lift visa ban on Nigerians

Fubara tells LG admin heads to take manage Rivers councils

NITDA advocates for new act to regulate tech sector, levy 1% tax

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