Aside VAT, passed Finance Bill resolved major tax issues in Nigeria—Andersen Tax
Principal partner at Andersen Tax Consulting Group, Mr. Chinedu Ezomike, has given convincing insights on the imports of the Finance Bill passed into law by the Senate last week. Recall that last week, the Senate, in a historic move, approved…
Cordros Dollar Fund for initial public subscription gets SEC nod, opens today
The leadership of Codros Asset Management (CAM) is happy to inform Nigerians and the investing public that it has received approval from the Securities and Exchange Commission (SEC) to open the Cordros Dollar Fund (CDF) for initial public subscription. The…
Why UBA started Annual Lecture on Professorial Chair in Finance at Unilag
The Africa’s global bank, United Bank for Africa (UBA), has given insights on why it initiated the Annual Lecture of the UBA Professorial Chair in Finance at the University of Lagos (Unilag). In a statement made available to Business Hilights…
FBN continues hide and seek approach over veiled move to sack workers
Though it has halted planned distribution of letters of disengagements to its workers penciled down for sack following moves by the Ministry of Labour and Productivity and most importantly, threats by the National Union of Banks, Insurance and Financial Institutions…
Financial inclusion under threat as businesses dump PoS for cash deals
As the dusts raised by the recent introduction of N50 stamp duty charge on use of Point of Sale (PoS) settles, a new trend in the hitherto rising PoS cashless policy adoptions by Nigerians have emerged. Industry experts have opened…
Banks’ with continental outlooks to gain more from AfCFTA—Soludo
As African economies brace up to structural adjustments to situate the emergence of African Continental Free Trade Area (AfCFTA) agreement, former Governor of the Central Bank of Nigeria (CBN), Prof Chukwuma Soludo, has urged Nigerian banks to adjust to developments…
Like Gabon, Congo, Jumia shuts down operations in Cameroon
There are facts to now believe that the African market for e-Commerce is under serious threat of imminent collapse. In Nigeria for example, there had been gradual drop shoppers’ enthusiasms over e-Commerce outfits and their offerings no matter some firms…
Questions on funding as FG plans $1.6bn two new seaports in PH, Warri
…As stakeholders prefer capacity upgrade of existing ones than new ones Recent revelation in Warri, by the Minister of Transportation, Chibuike Amaechi, that two new seaports will be built in Port Harcourt and Warri has continued to elicit reactions. Whereas…
Over 50% of the 99 million adult Nigerians financially excluded—ESUT VC
The Vice Chancellor, Enugu State University of Technology (ESUT), Prof. Anike Okechukwu Luke, has revealed that the number of Nigerian adults that are financially excluded is over 50 per cent of the 99 million adult population. Speaking at the Chartered…
FinTech disrupting conventional banking models—CBN
The Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, has warned operators in the nation’s banking system that Financial Technology (Fintech) in the industry has come to stay He said the rapid growth in FinTech is not only…
