BUSINESS

CIBN Grants Skye Bank’s Business School Full Accreditation Status

Skye Business School has been awarded full accreditation status as a full-fledged banking/finance, business and continuous human capital training academy by the Chartered Institute of Bankers of Nigeria (CIBN). The accreditation which is in collaboration with the Central Bank of ...

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FG takes possession of accounts without BVN

Justice Nnamdi Dimgba of the Federal High Court in Abuja has granted a request by Attorney General of the Federation, Abubakar Malami, for a temporary forfeiture of all funds held in bank accounts not linked to Bank Verification Numbers, BVN. ...

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Nigeria generated N246.30bn generated as VAT in Q2

Kemi Adeosun

The National Bureau of Statistics (NBS) says that N246.30 billion was generated as Value Added Tax (VAT) in the second quarter of the year. The bureau gave the figure  in its `Sectoral Distribution of Value Added Tax’’ for the Second Quarter ...

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UBA Introduces Video Live Chat with Co-browsing Technology

In recent times, customer behaviour and expectations are ever-evolving and with this challenge, comes the need to meet their needs as well as ensure, new offerings are at the forefront of technological evolution. On the back of this development, UBA ...

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Naira continues to trade at 361 to a dollar

The Naira on Wednesday exchanged at N361.50 to the dollar at the parallel market, maintaining same rate for the past one-week. Also, the Pound Sterling and the Euro traded at N475 and N425, respectively. At the Bureau De Change, BDC, ...

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Oil price on the rise, heads towards $59

Oil prices rose on Wednesday, lifted by a fall in U.S. crude inventories and concerns that tensions in the Middle East could disrupt supplies. Brent crude futures, the international benchmark for oil prices, were at 58.27 dollars at 0131 GMT, ...

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UBA Emerges Best bank in support of Real Sector at Banking Awards

Pan-African banking group, United Bank for Africa (UBA) Plc, at the weekend was recognised for its extraordinary support of the real sector as it won best bank in the category, ahead of its peers. The award, the organisers noted is ...

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Nigeria’s inflation drops to 15.98% in eight months

Nigeria’s inflation rate has again dropped from 16.01 percent in August to 15,98 per cent in September, figures from the National Bureau of Statistics, NBS, shows. A report by NBS released on Tuesday in Abuja, showed that the drop in ...

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FIRS accuses Intels of tax default

The Federal Inland Revenue Service (FIRS) has accused Integrated Logistics Services (Intels), the organisation co-founded by former Vice-President Atiku Abubakar and Gabriele Volpi, an Italian national, of not paying taxes. This is coming one week after the company made the ...

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TONY ELUMELU FOUNDATION (TEF) WRAPS UP 2017 TEF ENTREPRENEURSHIP FORUM – LARGEST GATHERING OF AFRICAN ENTREPRENEURS

The Tony Elumelu Foundation (TEF), Africa’s leading philanthropy dedicated to supporting entrepreneurship, concluded its 3rd annual TEF Entrepreneurship Forum on 14th of October 2017 in Lagos. The Forum hosted more than 1,300 participants from 54 African countries. The most diverse and inclusive gathering ...

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