The United nations and development programme (UNDP) reproposed to assist Nigeria tackling tax crimes and make a remarkable reform in the country. This information came to the know when it was officially published using official UNDP website. The statement read: “Nigeria needs a coordinated approach to tackle tax crimes due to overlapping regulatory oversight. A critical … Read more
Resilient RERIT’s of recent financial statement reports the divestment of its interest in Resilient Africa, a partnership with Shoprite in Delta, Asaba, Owerri and mall in Nigeria According to the research, the completion of Shoprite centres was in 2016 with the total gross leasable retail area of 30,015m2. Over a decade ago, Resilient Africa was … Read more
Dormant companies have 3 months to regularize their status by summiting overdue annual returns to CAC authority , or risk will be applied to struck of the register. According to a statement by the commission, the companies failed to file annual returns for a period of 10 years. The statement, titled: “NOTICE OF INTENTION TO … Read more
The Central Bank of Nigeria CBN executive sales of $148 million to authorized dealers enhancing marketing liquidity. According to a statement on Friday, the transactions, conducted on July 22 and 23, 2024, aim to provide much-needed stability in the FX market. The statement noted that Mrs. Hakama Sidi Ali, the Acting Director of the Corporate … Read more
The cryptocurrency recovered and shown a return of invest confidence and bullish sentiment in the market. The current price of Bitcoin at the time of report is $67,350 according to CoinGecko data signaling a full recovery from a weekly low of $64,000. Aside from Bitcoin’s surge and recovery, other Altcoins are also currently in the … Read more
The establishment of Cyber Insurance for Businesses bill from NITDA is a positive development in Nigeria business sector. Encouraging Nigerian youths to join the ECOWAS cybersecurity hackathon is the best decision to carry, while the aim stands to cultivate a vibrant cyber talent ecosystem in the region. With the steady increase in cyberattacks and the … Read more
The Senate legally approves minimum wage in Nigeria from N30,000 to N70,000. The house headed by the senate president, Godswill Obot Akpabio, announce the new minimum wage during plenary seating in Abuja, after a dialogue with some top government officials and NLC chairman. The bill, which was proposed by President Bola Tinubu after meeting with … Read more
Today, POS business have a distinct advantage, outpacing traditional commercial banks in terms of accessibility and efficiency. By giving convenient doorstep services, they enable customers to conduct business transactions effortlessly, without the hassle of lengthy queues or bureaucratic hurdles unlike traditional banking experiences. Imagine the frustration of spending hours trying to access your money at … Read more
Not too long ago, the stock price of Dangote sugar stock hike by 255% over the course of year, after some time it closing at N57 per share. First quarter of 2024, the price per share kept trending, hitting a 5-year all-time high of N82.65 on 4th February, 2024. Regardless of the release of the … Read more
The House of Representatives Committee on Corporate Social Responsibility (SCR) vowed to take castigatory measures against MTN and Airtel for their non-compliance with the committee’s invitation. According to members of the House of Representatives, they have repeatedly invited the CEOs of MTN and Airtel to appear before the house, but both CEOs have failed to … Read more