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Business - Page 514

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

Court Set Date To Hear Oando’s Scheme Of Arrangement For Minority Shares

Business·Oil & Gas

Wale Tinubu’s Oando To Commence Electric Transport Business In Lagos

Oando Clean Energy (OCEL), largely owned by Wale Tinubu, has taken delivery of electric buses from Chinese carmaker, Yutong Bus, as the company enters the transportation business in Lagos State. Oando Plc is adding the deployment of mass transit to its portfolio

April 26, 2023

Business·News

Again, Multichoice Increases Subscription Fees For All DSTv, GOTv Packages

MultiChoice Nigeria, has announced plans to increase subscription fees for all its DStv and GOtv packages with effect from May 1, 2023. The company made this known in a message sent to all their Nigerian customers on Tuesday. The satellite television service

April 26, 2023

NERC Unveils Power Outage Reporting App, Begins With Abuja DisCo

Business·Power

Industrialists Back Aba Power, Flay TCN, Market Operator

Industrialists in Aba, Abia State, have risen in defence of Aba Power Ltd which was disconnected from the national grid

April 25, 2023

Business·Markets

Transcorp, Ikeja Hotel, Others Earn N177.11bn In Nigerian Stock Market

On Tuesday, 25 April, the market capitalisation of the Nigerian bourse appreciated by 0.63 per cent, handing N177.11 billion to equity investors in Transcorp and others on the gainers’ list. The stock market’s positive close comes after the Eid el-Fitr public holiday

April 25, 2023

Business

Qatar Airways Opens Al Mourjan Business Lounge A Hamad Int’l Airport

Highlights – Qatar Airways has opened the Al Mourjan Business Lounge – The Garden at Hamad International Airport, which offers an exclusive sanctuary for the airline’s Premium Passengers. – The lounge features 24 quiet spaces; seven spa treatment rooms; a fitness studio;

April 25, 2023

Business

TCN Under Fire For Disconnecting 9 LGAs In Abia State From Electricity Grid

The decision of the Transmission Company of Nigeria (TCN) to disconnect Aba Power from the national grid has been condemned by a pro-democracy group, the Civil Liberties Organisation. CLO said the disconnection threw nine out of the 17 local government areas of

April 25, 2023

Jigawa Residents Spend More On Petrol As Price Rises By 223.21% To N770

Business·Oil & Gas

Imo, Taraba Spent Highest On Petrol In Last 1 Year – Report

The National Bureau of Statistics (NBS) report shows that Imo State paid the highest average retail price of N332.67 per litre for petrol. This was followed by Taraba at N330.00 and Borno at N324.55. However, Benue paid the lowest average retail price

April 25, 2023

Seplat Accuses Petitioners Of Trying To Prevent Board From Eliminating Related Party Transactions

Business·Oil & Gas

Seplat’s Chairman, Basil Omiyi, Others To Quit Over ExxonMobil Acquisition Deal

The Chairman of Seplat Energy, Basil Omiyi, will retire from his post before the company’s May 2024 Annual General Meeting. Omiyi, who was appointed to the role 11 months ago, will exit the company due to Seplat’s Board of Directors’ Succession Forward

April 25, 2023

Business·Currency·Markets

6 Currencies Stronger Than The US Dollar

HIGHLIGHTS The Cayman Islands Dollar, British Pound, Jordanian Dinar, Omani Rial, Bahraini Dinar, and Kuwaiti Dinar are currently stronger than the US dollar These currencies have different factors contributing to their strength, such as being a tax haven, oil production, and strong

April 25, 2023

Nigeria Air: Airline Operators Hail Judiciary, Aviation Minister For Upholding Justice

Business

Air Operator’s Certificate: Domestic Airline Operators Hit NCAA, Nigeria Air With Court Restraining Order

The Nigeria Civil Aviation Authority (NCAA) has been restrained by a Federal High Court sitting in Lagos from issuing the proposed national carrier, Nigeria Air, an Air Operator’s Certificate. Nigeria Air has been waiting on the Air Operator’s Certificate to commence operation,

April 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 514

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

Wale Tinubu’s Oando To Commence Electric Transport Business In Lagos

Again, Multichoice Increases Subscription Fees For All DSTv, GOTv Packages

Industrialists Back Aba Power, Flay TCN, Market Operator

Transcorp, Ikeja Hotel, Others Earn N177.11bn In Nigerian Stock Market

Qatar Airways Opens Al Mourjan Business Lounge A Hamad Int’l Airport

TCN Under Fire For Disconnecting 9 LGAs In Abia State From Electricity Grid

Imo, Taraba Spent Highest On Petrol In Last 1 Year – Report

Seplat’s Chairman, Basil Omiyi, Others To Quit Over ExxonMobil Acquisition Deal

6 Currencies Stronger Than The US Dollar

Air Operator’s Certificate: Domestic Airline Operators Hit NCAA, Nigeria Air With Court Restraining Order

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

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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 514

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