Browse Category

Business - Page 513

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

Naira Ends Week With Marginal Gain Against Dollar

Business·Currency

Dollar Rate Drops In Official Market, As NGX Bets On Tinubu’s Policies To Attract Foreign Investors

The price of the Dollar in the foreign exchange official market was ₦462.13 on Wednesday, 26 April 2023, data from FMDQ Exchange showed. It was learnt that the exchange rate between the Naira and the Dollar traded as high as ₦466/$1 and

April 27, 2023

Tony Elumelu Parts With N633.14 million To Prevent Hostile Takeover In UBA

Business

Elumelu Reveals Condition For Transcorp Plc’s Power Subsidiary To List On Nigerian Stock Market

Transnational Corporation (Transcorp) Plc Chairman, Tony Elumelu, has disclosed that the company will conduct a public initial offering for its subsidiary, Transcorp Power, within the next five years. Elumelu said while rumours have projected that Transcorp Power could list anytime soon, he

April 27, 2023

Business

Tony Elumelu Displaces Femi Otedola With N23 billion Transcorp Share Acquisition

Femi Otedola’s share acquisition at Transnational Corporation (Transcorp) has triggered a leadership tussle, as Tony Elumelu acquires more shares to prevent losing his position in the diversified investment company. Elumelu acquired 9.69 billion shares (worth about N23 billion) of Transcorp Plc a

April 27, 2023

Nigeria Air: Sirika Risks Contempt Of Court Charge - Domestic Airlines

Business

Sirika Insists Buhari Will Commission Nigeria Air Despite AON Lawsuits

The Minister of Aviation, Hadi Sirika, has stated that Nigeria Air will commence operation before 29 May 2023, despite a court order restraining the Nigeria Civil Aviation Authority (NCAA) from issuing the national carrier an Air Operator’s Certificate (AOC). Prime Business Africa had

April 27, 2023

Business

TCN Threatens Defaulting Discos, Gencos After Aba Power Clampdown

The Transmission Company of Nigeria (TCN) has threatened to fine electricity Generation Companies (GenCos), and the transmission and Distribution Companies (DisCos) for non-compliance with the market rules. TCN said it will partially or completely disconnect firms that contravene the market rules from their

April 26, 2023

Business

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

The food companies owned by Aliko Dangote and Rabiu Abdulsamad proposed to pay their shareholders N99.22 billion as dividends for their investments in 2022. According to the financial records of Dangote Sugar, owned by Dangote, and BUA Foods, owned by Abdulsamad, the

April 26, 2023

Business·News

NANS To Multichoice: Reverse Subscription Price Hike In 7 Days

National Association of Nigerian Students, South-west Zone, has given MultiChoice Nigeria, a seven-day ultimatum to reverse its planned hike on DSTV and GOTV subscription rates. The student body made this known on Tuesday, in a statement signed by its Coordinator, Adejuwon Olatunji,

April 26, 2023

Business·News

NCDMB’s Wabote Urges NDDC To Explore PPP Funding Option For Niger Delta Development

Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), Engr. Simbi Kesiye Wabote, has noted the need for the management of the Niger Delta Development Commission (NDDC) to explore innovative funding through Public Private Partnerships (PPPs). He stated that PPP

April 26, 2023

Over N97.57bn Lost To Selloffs In UAC Nigeria, Champion Brew

Business·Markets

Cadbury, Total, Others Pocket N225.97 billion In Stock Market

The stock market capitalisation rose to N28.36 trillion on Wednesday, 26 April, from the N28.14 trillion reported on Tuesday, 25 April. Prime Business Africa gathered that the valuation of the Nigerian bourse was up by 0.8 per cent or N225.97 billion at

April 26, 2023

Naira Opens Week With Gain Across FX Markets

Business

Naira Gains, Drop In Foreign Reserves To Fuel Dollar Rate

The Naira to Dollar rate in the official market dropped by 0.04 per cent on Tuesday, 25 April 2023, as traders reduced their asking price by N0.23 kobo. According to data obtained from FMDQ Exchange, the foreign exchange rate closed at ₦463.44/$1

April 26, 2023

Previous 1 … 511 512 513 514 515 … 729 Next

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

Privacy Overview

This website uses cookies to improve your experience while you navigate through the website. Out of these, the cookies that are categorized as necessary are stored on your browser as they are essential for the working of basic functionalities of the website. We also use third-party cookies that help us analyze and understand how you use this website. These cookies will be stored in your browser only with your consent. You also have the option to opt-out of these cookies. But opting out of some of these cookies may affect your browsing experience.

Necessary

Always Enabled

Necessary cookies are absolutely essential for the website to function properly. These cookies ensure basic functionalities and security features of the website, anonymously.

Cookie	Duration	Description
cookielawinfo-checbox-analytics	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Analytics".
cookielawinfo-checbox-functional	11 months	The cookie is set by GDPR cookie consent to record the user consent for the cookies in the category "Functional".
cookielawinfo-checbox-others	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Other.
cookielawinfo-checkbox-necessary	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookies is used to store the user consent for the cookies in the category "Necessary".
cookielawinfo-checkbox-performance	11 months	This cookie is set by GDPR Cookie Consent plugin. The cookie is used to store the user consent for the cookies in the category "Performance".
viewed_cookie_policy	11 months	The cookie is set by the GDPR Cookie Consent plugin and is used to store whether or not user has consented to the use of cookies. It does not store any personal data.

Business - Page 513

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

Dollar Rate Drops In Official Market, As NGX Bets On Tinubu’s Policies To Attract Foreign Investors

Elumelu Reveals Condition For Transcorp Plc’s Power Subsidiary To List On Nigerian Stock Market

Tony Elumelu Displaces Femi Otedola With N23 billion Transcorp Share Acquisition

Sirika Insists Buhari Will Commission Nigeria Air Despite AON Lawsuits

TCN Threatens Defaulting Discos, Gencos After Aba Power Clampdown

Aliko Dangote, Rabiu Abdulsamad’s Food Companies To Pay Shareholders N99.22 billion

NANS To Multichoice: Reverse Subscription Price Hike In 7 Days

NCDMB’s Wabote Urges NDDC To Explore PPP Funding Option For Niger Delta Development

Cadbury, Total, Others Pocket N225.97 billion In Stock Market

Naira Gains, Drop In Foreign Reserves To Fuel Dollar Rate

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

Whatsapp Channel

Latest News

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

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

ALEX Leads NGX Gainers’ List, Guinea Insurance Among Losers

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

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

Suggestions

Business - Page 513

Featured Stories

Follow Us

Whatsapp Channel

Latest News