Image

BUSINESS

FG will impose luxury tax in 2019 – Zainab Ahmed
4 weeks ago

FG will impose luxury tax in 2019 – Zainab Ahmed

By  •  BUSINESS, LOCAL

Zainab Ahmed, minister of finance, says owners of yachts and private jets will begin paying luxury items from 2019.

Addressing a press conference in Abuja on Monday, the minister said …
Read More

Gionee goes brankrupt, owing $2.8m
1 month ago

Gionee goes brankrupt, owing $2.8m

By  •  TECH, BUSINESS

Gionee has officially entered bankruptcy.

A court in Shenzhen has  accepted the bankruptcy application, which will now put the company at a crossroads.

As of August, Gionee owes ¥20.2 billion, …
Read More

Merger: Access Bank set to raise $250m Tier 11 capital in 2019
1 month ago

Merger: Access Bank set to raise $250m Tier 11 capital in 2019

By  •  BUSINESS

Determined to create the largest bank in Africa, Access Bank Plc on Wednesday said it had finalised plans to issue 250 million dollars Tier 11 capital in January 2019.

Herbert …
Read More

SEC’s position of Access/Diamond merger
1 month ago

SEC’s position of Access/Diamond merger

By  •  BUSINESS

Amid reports on Monday about merger plans between Access Bank and Diamond Bank, the capital market regulatory authority, the Securities and Exchange Commission (SEC), has given clarification on the …
Read More

REPORT: Access Bank acquires Diamond Bank
1 month ago

REPORT: Access Bank acquires Diamond Bank

By  •  BUSINESS

Popular online newspaper, TheCable, has reported that Access Bank has finally acquired Diamond Bank.

According to insiders, the official announcement of the transaction will be made in the course of …
Read More

Desarrollar Partners with Top Firms to Improve Real Estate Solutions
1 month ago

Desarrollar Partners with Top Firms to Improve Real Estate Solutions

By  •  BUSINESS, LOCAL

Desarrollar Limited a lifestyle and leading real estate solutions company in Lagos, Nigeria has partnered with Union Trustees Limited, First Bank Trustees Limited and Banwo & Ighodalo  and The Lodt …
Read More

Heirs Holdings Signs $600 million Facility Deal with Afrexim Bank,  to scale its Energy Investments
1 month ago

Heirs Holdings Signs $600 million Facility Deal with Afrexim Bank, to scale its Energy Investments

By  •  BUSINESS

As a further demonstration of the African Export-Import Bank’s (“Afrexim”) mandate to facilitate the growth of intra-Africa trade and support the development of African businesses, Afrexim today, signed financing facilities …
Read More

DID YOU KNOW? Nigerians open 1 million bank accounts monthly
1 month ago

DID YOU KNOW? Nigerians open 1 million bank accounts monthly

By  •  BUSINESS

Mr Niyi Ajao, Managing Director, Nigeria Inter Bank Settlement System (NIBSS), says one million bank accounts are opened monthly by Nigerians as the nation’s financial inclusion rate increased to 63.6 …
Read More

Osinbajo To Address German Business Community on Monday
1 month ago

Osinbajo To Address German Business Community on Monday

Vice President, Prof. Yemi Osinbajo, will address a group of notable German business leaders in Berlin, Germany, on Monday, the Presidency said in a statement on Sunday.

In a statement …
Read More

Oil marketers to get N236bn subsidy claims by December 14 — FG
1 month ago

Oil marketers to get N236bn subsidy claims by December 14 — FG

By  •  BUSINESS, LOCAL

The Federal government said oil marketers would be paid N236 billion out of N348 billion approved by the National Assembly as outstanding subsidy claims on Friday, December 14.

The Chief …
Read More

Social Media Auto Publish Powered By : XYZScripts.com
UA-38867477-1