Tinubu suspends Buhari’s tax policies, signs 4 Executive Orders The Presidential Committee on Fiscal Policy and Tax Reform (PCFPTR) will ensure that tax payment and use are beneficial to Nigerians as well as make the right people pay tax. Mr Taiwo Oyedele, Chairman of the PCFPTR, said that the committee …
Read More »Court orders IGP to seal Heritage Bank nationwide over N710 million debt
Heritage Bank The National Industry Court sitting in Makurdi, capital of Benue State, has issued a garnishee order directing the Inspector General of Police to seal off branches Heritage Bank Limited for failing to pay over N70 million to Shehu Mudi and 656 organisations. The Court ruled that the bank …
Read More »BVN Revolutionises Financial Inclusion in Nigeria, says Oluseye Olusoga at Fintech Event
Oluseye Olusoga, Group Managing Director of Parthian Partners, the parent company of leading Fintech, i-invest, has highlighted the transformative impact of the Bank Verification Number (BVN) on the Nigerian Fintech sector. He shared this insight during the Nigeria Fintech Forum held on August 3rd at the Civic Centre in Lagos, where he …
Read More »Tunde Ayeni’s Shocking Statement: I Will Never Be Involved with Adaobi Alagwu
When a side chick picks the wrong man, wrong marriage, a lot of life lessons will be learnt as is the case with Abuja based lawyer, Adaobi Alagwu who has been the centre of very unpalatable media exposure in recent times. Her estranged relationship with billionaire businessman, Tunde Ayeni has …
Read More »ALAT by Wema Unveils Exciting Summer Internship Programme
ALAT by Wema, a trailblazing digital bank, has announced the launch of its eagerly anticipated Summer Internship Program which will not only serve as a remarkable learning opportunity for young talents but also highlights Wema Bank as an exceptional place to work. The initiative, according to the Divisional Head, Brands, …
Read More »FIRSTBANK GRADUATES THE FOURTH SET OF PARTICIPANTS IN ITS SENIOR MANAGEMENT DEVELOPMENT PROGRAMME (SMDP)
The SMDP is an intensive skill development programme structured to enhance core leadership and business competencies of selected senior management staff within the Bank and 20 successful participants were graduated in the recently concluded fourth edition. SMDP is one of the three core leadership programmes aimed at internally identifying …
Read More »MPR: Banks jerk up interest rates on savings deposits money market
Banks have begun to increase interest rates on deposits in line with the sustained hike in the Monetary Policy Rate, MPR, by the Central Bank of Nigeria, CBN. At its last Monetary Policy Committee, MPC, meeting previous week, CBN raised MPR by another 25 basis points the sixth consecutive raise …
Read More »Consumers pay N247bn for electricity in Q1’23
•As NERC grants license to Ekiti IPP Consumers in the country paid N247.1 billion for electricity in the first quarter of 2023, an increase of 1.14 percent compared to N243.65 billion paid in the fourth quarter of 2022, the latest report from the Nigerian Electricity Commission, NERC, has shown. In …
Read More »NGX partners UK government on mobilizing capital for listed coys
Britain’s Foreign Secretary James Cleverly walks outside Number 10 Downing Street in London, Britain, October 18, 2022. REUTERS/Toby Melville UK Foreign Secretary, James Cleverly, has announced a new partnership between Nigerian Exchange Limited (NGX) and the UK government in Mobilising Institutional Capital Through Listed Product Structures (MOBILIST). Cleverly disclosed this …
Read More »PHED targets 24 hours power supply in 4 states
File Photo: Electricity power station The Port Harcourt Electricity Distribution Company (PHED) has begun the adoption of modern innovations to improve service delivery to customers in its four franchise states. The states include Akwa Ibom, Bayelsa, Cross River and Rivers. The PHED’s Managing Director, Dr Benson Uwheru made this known …
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