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Business - Page 405

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

Business·News

Nigeria’s Tier 1 Banks Soar As Shareholders Celebrate N1.296trn Gain In 9 Months

Shareholders in Nigeria’s tier 1 banks have witnessed a combined gain of N1.296 trillion during the first nine months of 2023. This performance has left investors astounded and eager to understand the driving forces behind this financial feat. President Bola Tinubu’s administration,

October 10, 2023

Business

Nigerian Government To Mandate Compensation For Delayed, Cancelled Flights

The Federal Government of Nigeria is set to introduce a new order that will compel airline operators to provide compensation to passengers for delayed and cancelled flights not attributed to natural occurrences. The announcement was made by the Minister of Aviation and

October 10, 2023

NNPC: Petrol Import To Stop As Port Harcourt Refinery Begins Operations Soon

Business·News·Oil & Gas

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

The Group Managing Director of the Nigeria National Petroleum Company Limited (NNPCL), Mele Kyari, has insisted that the downstream petroleum sector of Nigeria’s economy is fully deregulated, pointing out that this explains why oil marketers now compete among themselves to the extent

October 10, 2023

Business

NIPOST Pledges Commitment To Growth Of Digital Economy

The Nigerian Postal Services (NIPOST) has reaffirmed its commitment to advancing the Federal Government’s digital agenda. This came from the Postmaster General of NIPOST, Mr. Sunday Adepoju, as he marked the 2023 World Post Day in Abuja. Speaking on the occasion, Mr.

October 9, 2023

Business·News

Unuigbe Emerges NGX Chairman, Pledges Democratised Investments

Shareholders of the Nigerian Exchange Limited (NGX) have approved the appointment of Mr Ahonsi Unuigbe to succeed Mr Abubakar Mahmoud as the new Board Chairman of the Exchange.

October 9, 2023

eNaira Sees Surge In Transaction Volume, Yet Adoption Lags Behind

Business

CBN Defends eNaira, Emphasizes Role In Financial Inclusion

CBN has pushed back against claims in some quarters that its digital currency, the eNaira, poses a threat to the nation's financial stability.

October 9, 2023

AMA News·Business

RegTech Africa & Agpaytech launches 2023 State of the Industry report on Fintech and RegTech

A state of the industry report on the Nigerian Fintech and RegTech activities. It covers the current state of digital innovations and regulatory activities up to the first half of 2023. Nigeria’s Fintech sector is expected to reach 60% whilst the RegTech

October 9, 2023

AMA News·Business

Gates Foundation to Accelerate mRNA Vaccine Innovation and Manufacturing in Africa and Globally

DAKAR, Senegal, October 9 2023 -/African Media Agency (AMA)/- Today at the 2023 Grand Challenges Annual Meeting, Bill Gates, Co-chair of the Bill & Melinda Gates Foundation, announced new investments to advance access to mRNA research and vaccine manufacturing technology that will support

October 9, 2023

AMA News·Business

Yango to showcase Cutting-Edge Innovations and business achievements at GITEX 2023

Africa, 06 October 2023 -/African Media Agency (AMA)/-Yango, an international tech company, is gearing up to participate in one of the largest annual technology events globally, GITEX 2023. Being committed to leveraging the power of technology to improve the lives of the customers,

October 9, 2023

Concerns For Nigeria's Oil Market As Over 60 Million Barrels Remain Unsold

Business·Oil & Gas·World News

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Global crude oil prices have surged following the Hamas attack on Israel, resulting in a tragic loss of over a thousand lives on both sides. This incident follows a previous dip in oil prices due to concerns about high-interest rates and fluctuating

October 9, 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 405

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

Nigeria’s Tier 1 Banks Soar As Shareholders Celebrate N1.296trn Gain In 9 Months

Nigerian Government To Mandate Compensation For Delayed, Cancelled Flights

Why Some Marketers Sell Fuel N3 Cheaper Despite 30% Rise In Oil Prices – NNPCL

NIPOST Pledges Commitment To Growth Of Digital Economy

Unuigbe Emerges NGX Chairman, Pledges Democratised Investments

CBN Defends eNaira, Emphasizes Role In Financial Inclusion

RegTech Africa & Agpaytech launches 2023 State of the Industry report on Fintech and RegTech

Gates Foundation to Accelerate mRNA Vaccine Innovation and Manufacturing in Africa and Globally

Yango to showcase Cutting-Edge Innovations and business achievements at GITEX 2023

Hamas Attack On Israel, Rising Tensions Surge Oil Prices

Featured Stories

US Surveillance Flights Over Nigeria: A Sign of Heightened Security Cooperation

Dangote–Farouk Saga: Why Damning Claims Brought Down Oil Sector Giants

Heirs Energies Agrees $750m Afreximbank Financing to Drive Long-Term Growth

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

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Uganda Restricts Starlink Imports Ahead of January Elections, Sparking Internet Blackout Fears

How Police Detained FIJ Reporter’s Wife, Baby as Bait to Arrest Investigative Journalist Atanda in Lagos

US Surveillance Flights Over Nigeria: A Sign of Heightened Security Cooperation

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

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

Uganda Restricts Starlink Imports Ahead of January Elections, Sparking Internet Blackout Fears

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Business - Page 405

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