All posts tagged "Featured"
-
205Industry & MoneyBanks Begin Repayment of Legacy USSD Debt to Telcos
Nigerian banks have initiated the process of repaying a $132 million (N200 billion) debt owed to telecom operators for the use of...
-
726Business NewsOpinion: We Must Pursue An AI Tax
A levy will help mitigate its societal fallout and redefine the future of tech investment The prospect of an artificial intelligence (AI)...
-
187Economy & MarketEU Plans €150b Transport Investment to Boost Intra-African Trade
The European Union Commission said it has concluded plans to invest €150bn in trade and transport infrastructure across West Africa with a...
-
206Industry & MoneyForeign Loans Drive Up Capital Importation by 19% to $330m
Increased loan inflows improved capital importation into Nigeria in January 2024 by 19 percent month-on-month, MoM, to $330 million from $280 million...
-
198Business NewsFG’s Interest Servicing on Debt to Gulp 36% of Revenue in 2024 –Moody’s
Moody’s, a Global rating agency, has stated that Nigeria’s interest spending on debt might consume up to 36% of the federal government’s...
-
573Banking & FinanceNigeria’s Banking Crisis: The Role of CBN, Economic Impact and Lessons Learnt
On January 10th, 2024, the Central Bank of Nigeria (CBN) dissolved the boards and management of Union Bank, Keystone Bank, and Polaris...
-
1.2KOpinionAccounting for VAT in Manufacturing Industry: Cashflow and Compliance Challenges
The manufacturing industry is a vital part of the Nigerian economy. Based on the sectoral distribution of Value Added Tax (VAT) released...
-
250Business NewsNigeria Seeks 18-month Extension for $800m W’Bank Palliative Scheme
No fewer than three million poor and vulnerable households have benefitted from the $800m palliative loan disbursed by the World Bank to...
-
196Foreign News
European Futures Climb After AI Rally in Asia, US
Stock futures pointed to modest gains in Europe after chipmakers drove a rally in Asia and yet another record-breaking session in the...
-
192Business NewsCIT Collection Improved In Seven Sectors in Q1
Company Income Tax collection increased in seven sectors of the economy in the first quarter of 2024 despite a general decline of...
