Category: Business

CBN releases audited seven-year financial statement

  The Central Bank of Nigeria (CBN) has unveiled its audited financial statement for the year 2022 on Tuesday, revealing a profit of N65.63 billion ($159 million)...

We will name & shame commercial banks engaged in illegal sales of dollars – CBN

  The Acting Governor of the Central Bank of Nigeria (CBN), Folashodun Shonubi, announced on Thursday that the Nigerian Naira is significantly undervalued,...

Uzodimma bans all non authorized levy collection taskforces in Imo

All persons or groups involved in the reckless collection of levies in Imo State without the strict authorisation of the governor have been asked to desist forthwith or...

Tinubu appoints Agbaje, undergraduate as member Presidential Tax C’ttee

  President Bola Ahmed Tinubu on Tuesday announced the appointment of undergraduate student of University of Ibadan,Orire Agbaje as member of newly inaugurated...

President Tinubu to end Nigeria’s overreliance on borrowing for public expenditure

    … Sets 18% tax to GDP target in three years President Bola Tinubu on Tuesday in Abuja expressed his resolute commitment to break the vicious cycle of...

Abia to partner Hungarian firm to set up manufacturing plant

    Abia State Governor, Dr. Alex Otti, OFR, has given the go ahead for the state to enter into discussion with a Hungarian company, Ortoprofil, to set up a...

FG,Wema Bank partners to set up MSME hubs in seven states

  ……Targets 1 million youths, 500,000 MSMEs with grants, digital training The Federal Government through the Office of the Vice President is set to...

Heritage Bank lays off staff, repositions

  The management of Heritage Bank has confirmed relieving some staff of it’s duties just as it ally’s fears of customers of it’s viability....

Ease of doing business: Abia sets up commission

Abia State Governor, Dr Alex Otti, OFR, says the State Government would soon set up a commission on the Ease of Doing Business. The Governor said this is necessary in...

CBN: Forensic audit on the way as we win back investor confidence -Tinubu  

President Bola Tinubu says a comprehensive forensic audit of the Central Bank is underway, while a thorough overhaul of the Civil Service payroll is imminent. The...