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Business - Page 394

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Nigeria has rolled out a unified Tax Identification framework that links tax records directly to existing national identity systems, with the National Identification Number (NIN) now serving as the Tax ID for individuals and Corporate Affairs Commission (CAC) registration numbers forming the

December 23, 2025

AMA News·Business

Swiss-Belhotel International Continues Expansion in Africa with Second Property in Nairobi

NAIROBI, Kenya, 25 October 2023 -/African Media Agency(AMA)/- Swiss-Belhotel International, has announced the signing of its second property in Nairobi, further establishing its presence in the Kenyan capital. This exciting development comes less than a month after the signing of its previous hotel in

October 25, 2023

Fresh Petrol Price Hike Stokes Fears Of Further Inflation Spike In Nigeria

Business·News·Oil & Gas

Fuel Scarcity Looms As Forex Crisis Causes 90% Depot Shutdown

Players in the downstream sector of Nigeria’s oil industry have lamented that 90 per cent of depots operated by independent oil marketers are currently closed owing to the volatility in the foreign exchange (forex) market and difficulties in the local distribution channel.

October 25, 2023

AMA News·Business

Bybit Sets New Standard with Master Trader Bootcamp: Earn up to 20,000 USDT Risk-Free in the First-Ever Funded Copy Trading Program

DUBAI, UNITED ARAB EMIRATES, 24 October 2023 -/African Media Agency(AMA)/- Bybit, the world’s third most visited crypto exchange, is thrilled to announce the industry’s first funded program for crypto copy trading with the launch of its highly anticipated Master Trader Bootcamp, where

October 25, 2023

Business·News

Customs Comptroller Vows To Clear Cargoes Within 24 Hours As Tincan Port Generates N7.6bn One Day

The Area Controller, Tincan Island Command of the Nigeria Customs Service (NCS), Comptroller Dera Nnadi, says he is currently experimenting with 24-hour operations in his command, wondering why cargoes cannot be cleared in a day since “we receive containers and ships 24

October 25, 2023

AMA News·Business

USAID to Sponsor the AlphaExpo Mini-Accelerator and Startup Pitch Competition at the 10th Africa Fintech Summit in Lusaka, Zambia

LUSAKA, Zambia, 25 October 2023 /African Media Agency (AMA)/-The Africa Fintech Summit is pleased to announce that the U.S. Agency for International Development (USAID), as the Sponsor for the 6th Alpha Expo Mini Accelerator & Pitch Competition taking place as part of the 10th Africa Fintech Summits

October 25, 2023

AMA News·Business

MDP, the modern payment processor powerhouse, partners with Africa Fintech Summit as ‘Payment Accelerator Sponsor’

LUSAKA, Zambia, 25 October 2023 /African Media Agency (AMA)/- A “Payment Accelerator Sponsor” of the highly-anticipated Africa Fintech Summit , MDP, modern card issuing & processing platform, seeks to accelerate financial inclusion and innovation in the payments industry in Africa. The highly

October 25, 2023

Business·News

Presidential Committee Proposes Tax On Unofficial Forex Transactions

the Presidential Fiscal Policy and Tax Reform Committee, led by Taiwo Oyedele, has recommended the imposition of excise tax penalties on foreign exchange transactions conducted outside the official market.

October 25, 2023

Business

IMF Warns Of Regional Economic Impact Amid Israel-Hamas Conflict

The ongoing conflict between Israel and Hamas is already taking a toll on the economies of neighbouring nations, according to the International Monetary Fund (IMF). Kristalina Georgieva, the Managing Director of the IMF, made this observation during the Future Investment Initiative (FII) held

October 25, 2023

NGX: Investors Gain N313bn As ASI Rebound By 0.70%

Business·Markets

NGX: FLOUR MILL, University Press, Others Among Top Gainers As All-Share Index Gains 0.5%

In a turn of events, the equities market yesterday made a rebound after several days of bearish performance. The All-Share Index surged by 0.5%, reaching 67,217.77 points, marking a positive shift in investor sentiment. The positive momentum translated into a notable N187

October 25, 2023

Business·Currency

Naira Falls To N847/$ Official Exchange Rate

The official exchange rate witnessed a sharp decline, with the naira weakening to N847 against the dollar, marking a 6.93% drop from yesterday’s rate of N793. Data sourced from the official NAFEM window reveals this significant shift. READ ALSO:Experts Call For Local

October 25, 2023

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

The Federal Government of Nigeria has issued its debut bond

Dollar Trades Flat In Black Market, Appreciates In Official Window

The dollar traded at N1,487.01/$1 in the parallel market on

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

The government of Venezuela has condemned what it described as

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

The Bank of Japan (BOJ) is set to raise its

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Business - Page 394

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Swiss-Belhotel International Continues Expansion in Africa with Second Property in Nairobi

Fuel Scarcity Looms As Forex Crisis Causes 90% Depot Shutdown

Bybit Sets New Standard with Master Trader Bootcamp: Earn up to 20,000 USDT Risk-Free in the First-Ever Funded Copy Trading Program

Customs Comptroller Vows To Clear Cargoes Within 24 Hours As Tincan Port Generates N7.6bn One Day

USAID to Sponsor the AlphaExpo Mini-Accelerator and Startup Pitch Competition at the 10th Africa Fintech Summit in Lusaka, Zambia

MDP, the modern payment processor powerhouse, partners with Africa Fintech Summit as ‘Payment Accelerator Sponsor’

Presidential Committee Proposes Tax On Unofficial Forex Transactions

IMF Warns Of Regional Economic Impact Amid Israel-Hamas Conflict

NGX: FLOUR MILL, University Press, Others Among Top Gainers As All-Share Index Gains 0.5%

Naira Falls To N847/$ Official Exchange Rate

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Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

SAFE IN NIGERIA: Boris Johnson’s Claim and the outrage

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NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

Sanwo-Olu Expresses Excitement as Lagos Prepares for Eyo Festival Honouring Four Eminent Nigerians

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

Dollar Rate Drops In Black Market, Stable In Official Window

Nigeria Launches N590bn Power Sector Bond to Clear GENCO, Gas Arrears

Dollar Trades Flat In Black Market, Appreciates In Official Window

Venezuela Condemns Trump’s Threat, Pledges to Defend Sovereignty

Bank of Japan Poised to Lift Rates to 30-Year High as Inflation Pressures Persist

NIN, CAC Numbers Now Serve as Nigeria’s Unified Tax ID Under New Law

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Business - Page 394

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