Latest News in Nigeria – Page 61 of 64

Can Nigeria Truly Break Free From Oil Dependency?

Oil Dependency: Can Nigeria Move Forward? For over six decades, Nigeria’s economy has relied heavily on oil. Since its discovery in 1956, oil has contributed more than 90 per cent of the

Emmanuel Ochayi

5 months ago

Nigeria's Equity Market Rises By 0.19% As NNFM, Honeywell, Aviation Stocks Lead Gains

Business·Latest News·Markets

Nigeria’s Equity Market Sees 0.24% Decline As Investors Brace For Volatility

Equity Market Drops By 0.24% Amid Investor Caution The Nigerian equity market experienced a decline of 0.24% at the start of the trading week, resulting in a N112 billion reduction in market

Emmanuel Ochayi

5 months ago

Understanding What Tax Reform Bills Means for Nigerians- Experts

Business·Latest News

N50 Transfer Levy: Another Form of Double Taxation As Government Set To Make Over N1bn daily

What is the Transfer Levy? Starting September 9, 2024, fintech companies in Nigeria such as OPay, Moniepoint, and others will begin deducting the N50 Electronic Money Transfer Levy (EMTL) from customer inflows

Emmanuel Ochayi

5 months ago

SERAP sues Tinubu, govs over cybercrime law abuse

Business·Latest News

SERAP Urges Tinubu To Reverse Fuel Price Hike, Cites Legal Breach

The Socio-Economic Rights and Accountability Project (SERAP) has called on President Bola Tinubu to reverse the recent increase in the price of petrol. SERAP argues that the price hike by the Nigerian

Emmanuel Ochayi

5 months ago

Nigeria's Equity Market Records 0.05% Decline As Investors Await Catalysts

Business·Latest News·Markets

Nigeria’s Equity Market Sees N83 Billion Decline Amid Sell-Offs In Big Stocks

The Nigerian equity market saw a significant dip last week, losing N83 billion as a result of sell-offs in major stocks. Both the All-Share Index (ASI) and the market capitalisation fell by

Emmanuel Ochayi

5 months ago

Business·Latest News·Markets

FBN Holdings Plc Sells 100% Stake In FBNQuest Merchant Bank To EverQuest LLP

FBN Holdings Plc has officially announced the sale of its entire equity stake in its subsidiary, FBNQuest Merchant Bank Limited, to EverQuest Acquisition LLP. The agreement aligns with FBN Holdings’ strategy to

Emmanuel Ochayi

5 months ago

Business·FEATURES·Latest News

Top 15 African Countries With The Highest External Reserves

External reserves are critical to the financial health and stability of any country. These reserves, typically held in foreign currencies, enable countries to manage their monetary policies, stabilize their currencies, and support

Emmanuel Ochayi

5 months ago

Business·Latest News

Opay To Charge N50 Levy On Transfers Of N10,000, Above From September 9

Opay, a leading fintech company in Nigeria, will begin charging customers a N50 levy on electronic transfers of N10,000 or more from September 9, 2024. This move complies with the Federal Inland

Emmanuel Ochayi

5 months ago

Just In: Tinubu’s Special Adviser, Ajuri Ngelale Steps Down

Ajuri Ngelale, the Special Adviser on Media and Publicity to President Bola Tinubu, has announced his resignation with immediate effect. Ngelale, who also held the roles of Special Presidential Envoy on Climate

Emmanuel Ochayi

5 months ago

Business·Latest News

CAC Warns POS Operators As Registration Deadline Expires

The Corporate Affairs Commission (CAC) has reiterated its warning to Point of Sale (POS) operators following the expiration of the 60-day deadline for business registration. The directive, issued on July 7, 2024,

Emmanuel Ochayi

5 months ago

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Latest News in Nigeria - Page 61

Can Nigeria Truly Break Free From Oil Dependency?

Nigeria’s Equity Market Sees 0.24% Decline As Investors Brace For Volatility

N50 Transfer Levy: Another Form of Double Taxation As Government Set To Make Over N1bn daily

SERAP Urges Tinubu To Reverse Fuel Price Hike, Cites Legal Breach

Nigeria’s Equity Market Sees N83 Billion Decline Amid Sell-Offs In Big Stocks

FBN Holdings Plc Sells 100% Stake In FBNQuest Merchant Bank To EverQuest LLP

Top 15 African Countries With The Highest External Reserves

Opay To Charge N50 Levy On Transfers Of N10,000, Above From September 9

Just In: Tinubu’s Special Adviser, Ajuri Ngelale Steps Down

CAC Warns POS Operators As Registration Deadline Expires

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