Tag: Nigeria Business Now

Nigeria Wins Bid To Host $5bn African Energy Bank

Nigeria Wins Bid To Host $5bn African Energy Bank In a significant triumph, Nigeria has secured the right to host the African Energy Bank’s (AEB) $5 billion headquarters, outpacing rival bids.   The decision followed a technical inspection team from the African Petroleum Producers Organisation (APPO) and Afrexim Bank, the[Read More…]

Increasing transaction volumes of non-bank financial firms threatens system stability, Cardoso

Increasing transaction volumes of non-bank financial firms threatens system stability, Cardoso Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso, has said that increasing transaction volumes of non-bank financial institutions threatens the stability of Africa’s financial system.   Cardoso revealed this on Monday while addressing the College of Supervisors[Read More…]

FG to put into record order exempting SMEs, manufacturers from paying withholding tax, Oyedele reveals

FG to put into record order exempting SMEs, manufacturers from paying withholding tax, Oyedele reveals     Chairman of the presidential committee on fiscal policy and tax reforms, Taiwo Oyedele, has said the newly approved withholding tax regulation will be published in the official gazette in the coming days. Withholding[Read More…]

Ecobank Nigeria Launches Super Rewards ‘Millionaire Geng Promo’ To Reward over 500 Customers’ for Loyalty

Ecobank Nigeria Launches Super Rewards ‘Millionaire Geng Promo’ To Reward over 500 Customers’ for Loyalty   Ecobank Nigeria, a subsidiary of the Ecobank Group, the leading pan-African banking group, has unveiled a deposit mobilisation campaign ‘Ecobank Super Rewards ‘Millionaire Geng Promo’ targeted at rewarding customers’ loyalty.   The bank in[Read More…]