Business

January got onto a splendid start for some more Globacom subscribers as they received their Business Class return tickets to Europe (Lagos-Paris-London-Lagos) at three separate events in Abuja, Lagos and Warri on Friday. To qualify, these subscribers had recharged a minimum N50,000 over the last 30 days of the promo …

Chairman Isale Eko Descendants Union, Mr. Adeniji Kazeem SAN has felicitated with former Attorney General and Commissioner of Justice for Lagos State, Mr. Olasupo Shasore SAN on the occasion of his 60th birthday. In a statement he signed titled, SALUTE TO OLASUPO SHASORE SAN @ 60- A distinguished Isale Eko …

Financial analysts have expressed optimism that the naira will regain its real value before the end of the year, 2024 if the government put an end to oil theft as well as increase non oil export out of the country. Speaking to our Correspondent, the Managing Director of Afrinvest Securities …

Experts have called on the federal government to secure long term foreign loans to clear foreign exchange forwards, foreign portfolio investors and airlines trapped fund . It could be recalled that the Association of Bureau De Change Operators of Nigeria (ABCON) has said that the $2.2billion prepayment facility from the …

Lagos, Nigeria – Leading the charge in mobile-based payments, OPay has pledged to implement a thorough removal process for accounts lacking a Bank Verification Number (BVN) and/or National Identification Number (NIN) starting March 1, 2024. This commitment follows the recent directives from the Central Bank of Nigeria (CBN) on Know-Your-Customer …

World Bank The World Bank has predicted that Nigerian Gross Domestic Product will grow by 3.7 per cent in 2025. The World Bank in its latest report titled “Global Economic Prospect: Subdued Growth, Multiple Challenges”, projected that the African largest economy will improve by 3.3 per cent up from a …

Source: minutehack.com •Industrial companies, banks get lion’s share under Emefiele, social services receive least forex allocation •Anti-corruption agency deepens forex scandal probe, detectives may grill five foreign companies next week The Economic and Financial Crimes Commission is investigating at least $347bn allocated to companies in Nigeria between January 2014 and …

  …as new President harps on collaboration   Members of the Association of Corporate and Marketing Communication Professionals in Nigerian Banks (ACAMB) have elected new Executive Committee to pilot the affairs of the Association in the next two years.   The newly elected leadership was the major highlight of the …

The Federal High Court sitting in Lagos Monday fixed February 2, 2024, to resume hearing of an alleged bankruptcy suit filed by Access Bank against a businessman, Dr. Ambrose “ABC” Orjiakor, and firms connected to him. The case, originally being heard by Justice Nicholas Oweibo, will henceforth be heard by …

Stephen Angbulu and Justice Okamgba The Presidential Committee on Fiscal Policy and Tax Reforms says it is meeting with state governors in order to reach an agreement for states to suspend some low-revenue taxes. The panel said the move would lead to the suspension of ‘nuisance taxes’ by states and …