All posts tagged "headline"

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  Nigeria loses N571bn annually to tax waivers – Report

  About $2.9bn (N571bn) is being lost annually by the Federal Government to tax incentives given to some companies operating in the oil and gas sector under the Nigerian Liquefied Natural Gas consortium. The figure was released by...

  • Posted January 21, 2016
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  Emefiele blames naira fall on US policy, importation

  The Governor, Central Bank of Nigeria, Mr. Godwin Emefiele, explained to the Senate on Tuesday that some harsh monetary decisions taken by the United States and Nigeria’s over dependence on foreign goods were responsible for the continuous...

  • Posted January 21, 2016
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  France promises visa for Nigerian business owners

  France has pledged to ease visa processes to make it possible for more Nigerian entrepreneurs to travel to the country to establish business outfits. The Consul General of the French Embassy in Lagos, Mr. Laurent Polonceaux, made...

  • Posted January 21, 2016
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  FCMB unveils e-invoicing initiative for SMEs

  First City Monument Bank Limited says it has introduced a tracking and reconciliation solution with electronic invoicing capabilities for Small and Medium-scale Enterprises. The bank said in a statement that the ‘FCMB e-invoicing’ was a unique payment...

  • Posted January 20, 2016
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  Banks to charge stamp duties fee as FG seeks to boost revenue

  In line with the federal government’s drive to shore up non-oil revenue, the Central Bank of Nigeria (CBN) has directed commercial banks as well as other financial institutions under its regulation, to with immediate effect commence charging...

  • Posted January 20, 2016
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  GTBank to reward mobile banking customers

  Guaranty Trust Bank said it had launched a competition to reward its mobile banking customers by presenting a chance for them to win N100,000 weekly. The competition, tagged ‘#GTBankMobileWin100k,’ will run throughout January 2016 and ten lucky...

  • Posted January 20, 2016
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  Banks process cheques worth N4.69tn in nine months

  The banking sector processed 10.06 million cheques worth N4.69tn in the first nine months of 2015, figures obtained from the Nigerian Interbank Settlement System have revealed. The NIBSS stated this in its electronic payment fact sheet covering...

  • Posted January 20, 2016
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  Again, PPMC, Marketers defy FG on new ex-depot price of petrol

  The Pipelines and Products Marketing Company (PPMC), a subsidiary of the Nigerian National Petroleum Corporation (NNPC) and most of the oil marketing companies were yet to implement the new ex-depot prices of petrol at the weekend, THISDAY’s...

  • Posted January 20, 2016
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  Credit Bureaux records 29 million registered borrowers

  The credit bureau operators in Nigeria have continued to record steady increase in the number of registered borrowers as a total of 29,285,471 customers were captured as at October 2015. From a mere 78,189 as at December...

  • Posted January 20, 2016
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  NSE, FMDQ lists Transcorp Hotels Plc N10billion bond

  The Nigerian Stock Exchange (NSE) and FMDQ OTC Securities Exchange yesterday listed the Transcorp Hotels Plc N10 billion Series 1, 7-Year 16 per cent Fixed Rate Unsecured Bonds under a  N30 billion Medium-Term Bond Programme.  Transcorp Hotel...

  • Posted January 20, 2016
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