FIRS directs tax offices to open on weekends
The Chairman of the Federal Inland Revenue Service (FIRS), Zacch Adedeji, has directed the extension of tax office operations to weekends for the month of June. Adedeji gave the directive…
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Stock market sheds N108bn
The stock market opened the week on a negative note on Monday, with key performance indicators dropping by 0.15 per cent. The market capitalisation dropped by N108 billion, or 0.15…
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MTN, NDLEA partner to fight drug abuse
…….in Enugu MTN Nigeria and the National Drug Law Enforcement Agency (NDLEA) have joined forces in a landmark collaboration to tackle illicit drug use among youths in Enugu State. The…
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Wema Bank gets upgraded in Fitch, GCR credit rating, affirm positive outlook
Credit rating agencies, Fitch and GCR, have upgraded the ratings of Wema Bank, further underscoring its capacity for long-term sustainability within the African banking ecosystem. According to a statement by…
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NNPCL records N5.8bn revenue, N748bn PAT
……….in AprilThe Nigerian National Petroleum Company Limited (NNPC Ltd.) has announced a revenue of N5.89 billion and a Profit After Tax (PAT) of N748 billion for the month of April.…
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CBN refutes shift in deadline for BDC recapitalisation
The Central Bank of Nigeria (CBN) has refuted a news story circulating that suggested it had extended the deadline for the recapitalisation of Bureau De Change (BDC) operators to December…
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Market declines by 0.53% after holiday
The stock market opened the week on a downturn Tuesday, with key performance indicators dropping by 0.53 per cent after the Eid-el-Kabir holiday break. The holiday was observed on Friday…
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SEC orders firms to release old dividends
The Securities and Exchange Commission (SEC) has ordered all public companies and Registrars to stop treating dividends older than 12 years as “statute-barred”. The Commission issued this directive in a…
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NRC extends special train operations for Eid festival
The Nigerian Railway Corporation (NRC) will operate additional special train services across its major standard gauge corridors – Lagos-Ibadan and Abuja-Kaduna – on Monday and Tuesday, respectively. The Managing Director…
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Sellers decry low patronage as Eid-el-Kabir ram prices soar
The Chairman, Ram Sellers’ Association, Odo-Ogbe Market, Ile-Ife, Osun State, Alhaji Akeem Salahudeen, has complained of low patronage, attributing it to high cost of rams and the economic situation in…
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