Business

FIRS rolls out new tax regime for multinational firms

New measures would ensure optimal revenue yield

Nigeria’s Accountant-General implores institute to support government on tax payment

Accountant General collaborates with FIRS to strengthen collection of tax for government

Enterprise Bank Sale: Nigeria’s interest should be uppermost –Expert

Mr. Idowu says those jostling to buy Enterprise Bank might end up closing some of its branches and reducing staff

Lagos Informal Sector Reform: Open Memo to Gov. Fashola, By Omoruyi Aigbe

Lagos is among the league of the world’s mega cities, concerns about mega city status are mega urban problems which Lagos has to contend with.

Nigeria’s import policies cause loss of government revenue, port operators

The terminal operators say Nigeria is losing cargoes to neighbouring ports

Central Bank of Nigeria to disburse N2 billion for SMEs in Nasarawa, says Controller

The fundamental objective of the fund is channelling long-term low interest fund to the micro, small, and medium enterprises through the participating financial institutions.

Bismarck Rewane [Photo: businessnews.com.ng]

Nigerian Stock Exchange ASI experiences worst January since 08/09 crash – Rewane

Nestle topped the losers chart after Monday’s trading on the Nigerian Stock Exchange.

Nigeria requires N464 trillion for infrastructure development in power sector – Jonathan

The president also said only 55 per cent of Nigeria’s population have access to electricity.

Money laundering: Court adjourns trial of ex-Union Bank executives, Peter Ololo

The bank executives are being charged for money laundering

GTBank expands into East African market with acquisition of 70 per cent stake in Fina Bank Group

The bank announced the acquisition on Wednesday

Former Minister, Essien accuses MDAs of incessant budget duplications

Mr. Essien says there are lots of loopholes in the budgeting processes.

SEC shuts offices of New Nation Finance House across Nigeria

The agency said the company was engaged in illegal activities

Jonathan convenes confab on financing Nigeria’s power infrastructure

The event will facilitate interaction between new investors and local and international financial institutions

Alleged N4.2 billion Bank PHB fraud: Court adjourns Atuche’s trial indefinitely

Judge awaiting outcome of appeal filed by EFCC

Lagos shuts 250 firms for N2.7 billion tax evasion

The companies withheld N2.7 billion personal income tax of workers

GE, Standard Bank seal N56 billion financing pact for Nigeria, others

Transcorp signs deal to boost Ughelli plant capacity

CBN

Nigeria Central Bank releases framework for Mortgage Refinance Companies

The guidelines stipulate what is required to operate a MRC

Court orders Union Bank to release N320 million depositors’ fund

The money was deposited in the Union Bank account of a fraudulent company. A Jos High Court on Friday ordered Union Bank Plc to release N320 million funds accruing to investors in a failed investment house in Jos immediately. A High Court Judge, Dakwak Yau, gave the order in a judgement delivered in Jos. The […]

Fertiliser bags used to illustrate the story.

Fertiliser nutrient imbalance to limit food production in Africa – Report

Under-use of phosphorus-based fertilisers contributes to a growing yield gap By Abdallah el-Kurebe

Segun Aganga

Nigerian government to leverage on backward integration policy to revive iron, steel sector

Minister speaks on need to diversify economy

Investors trade shares worth N4.03 billion on Nigerian Stock Exchange

Nestle leads losers’ table

Why Nigeria’s development is slow – UN agency

UNIDO plans to help Nigeria diversify its economy

N30 million fraud: FCMB moves to settle customer

Customer is an ex-police officer

Nigeria Stock Exchange to implement stronger regulatory reforms

The NSE will also implement a pilot scheme for corporate governance rating

Sanusi blames Nigeria’s infrastructure deficit on dearth of low-interest finance

The CBN governor says infrastructure development is the surest way to diversify the income base of any country.