The IMF (International Monetary Funds) has warned that debt servicing may gulp 100 per cent of the Federal Government’s revenue by 2026 if the government fails to implement adequate measures …
WEST AFRICA
- Banking, Finance & InvestmentEconomyINVESTMENTWestern Africa
The top five Nigerian banks by market capitalization FUGAZ (FBN Holdings, UBA Plc, Guaranty Trust Bank, Access Bank and Zenith Bank) paid N8 billion as an information technology tax in …
Famous Nigerian skit maker and comedian Sabinus l on Monday slammed a one billion naira suit against Friesland Campina WAMCO Nigeria PLC for unauthorized use of his trademark ‘something hooge’ …
Dangote Industries Ltd. (DIL), has emerged the most admired brand in Africa for the year 2022, making it the fifth consecutive time. According to Mr. Tony Chiejina, Group Head, Corporate …
Platform Petroleum Limited, Nigeria’s leading indigenous oil & gas production company has felicitated Nigerian children on the occasion of the 2022 ’s Children’s Day celebration. “Children’s Day is a historic …
- TechnologyTelecommunicationsWestern Africa
“Report any form of vandalization of Telecommunication infrastructures”, NCC tells community members
On Thursday, the Nigerian Communications Commission NCC called on community members to report any form of vandalization of telecommunication infrastructures. This is to maintain orderliness, ensure safety of the equipment …
With the growing trends of hackers and cyber security, Wema bank has assured data confidentiality of its customers. The bank in a statement said that it’s attention has been drawn …
- Banking, Finance & InvestmentWestern Africa
Switzerland Firms involved in massive bribery of NNPC, officials pleads guilty
Glencore International A.G. and Glencore Ltd., both multi-national commodity trading and mining Switzerland Firms involved in massive bribery of officials of Nigeria’s state-owned oil company are reportedly pleading guilty and agreed …
- AfricaBusinessEntrepreneurshipPress ReleasesTechnology
Paystack Partners with Xero; Integrates features into its platform.
Modern online payment platform Paystack on the Tuesday announced its new partnership scheme with Xero. Xero is an accounting software app that helps business owners to optimize numbers, receipts, banks …
- AfricaPress OfficeTelecommunicationsWestern Africa
‘Telecom tax’ not in health insurance Act Buhari signed
The National Health Insurance Authority (NHIA) Act 2022 does not include telecoms tax as part of the funding sources targeted in financing the Vulnerable Group Fund, a copy of the …