Tag: Nigeria Business Now

Fidelity Bank Affirms Industry Leadership with Publication of Its ISSB-Compliant Sustainability Report

  Fidelity Bank Affirms Industry Leadership with Publication of Its ISSB-Compliant Sustainability Report   In demonstration of its leadership in the Sustainability space, leading financial institution – Fidelity Bank Plc – has emerged the first bank to publish its 2023 ISSB-Compliant Sustainability and Climate Report in the Nigerian banking industry.[Read More…]

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Tinubu launches N2trn economic stabilisation plan, calls partnership with private sector

Tinubu launches N2trn economic stabilisation plan, calls partnership with private sector   President Bola Tinubu has announced a N2 trillion economic stabilisation plan.   Tinubu unveiled the plan, which aims to revitalise the economy over the next six months, during the inauguration of the presidential economic coordination council (PECC) on[Read More…]

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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…]

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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…]

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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…]

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