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Business - Page 515

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 Appreciates To N869/$1 As Experts Debate Stability

Business·Insights

Nigeria’s Foreign Reserves Fall By $1.58 billion, To Affect International Investments, Dollar Rate

Nigeria’s foreign reserves dropped by 4.27 per cent in the first quarter of 2023 as foreign capital importation into the country nosedive, Prime Business Africa learnt. This represents a $1.58 billion depletion in the foreign reserves between January to March, as it

April 25, 2023

Business

CBN’s Former Deputy Gov, Moghalu, Lists Problems Affecting Nigeria’s Growth

The former Deputy Governor of the Central Bank of Nigeria (CBN), Kingsley Moghalu, said the difficult business environment is affecting Nigeria. He said most things that work in the country are operated by the private sector. Moghalu, in a series of posts

April 24, 2023

Femi Otedola Issues New Statement After Reports Of Transcorp Plc Acquisition

Business

Femi Otedola, On Twitter, ‘Notifies’ TransCorp Board Of Majority Share Purchase

Femi Otedola has confirmed that he acquired shares in a diversified investment company, Transnational Corporation (Transcorp) Plc. In the past two weeks, reports had circulated that Otedola is buying up shares in Transcorp, a move that instantly renewed the capital market’s confidence

April 24, 2023

Seplat Board Member, Fabian Ajogwu, Resigns Amid Faceoff With Gov’t

Business

Why Shareholders Approve Seplat’s $15 Cents Final Dividends

The shareholders of Seplat Energy Plc approved the payment of US15 cents dividends at the 10th annual general meeting of the company on Wednesday. The Seplat Energy Board had recommended a special dividend of US 5 cents per share to be paid

April 24, 2023

Business·Finance & Economy·News

Africa Banker Awards 2023: Full Nominees List – 10 Categories

The African Banker Awards nominees were selected from a record number of entries, representing the entirety of the African continent, over a total of 10 categories, and shortlisted by the Awards committee. Africa Banker Awards 2023: Full Nominees List The nominees for

April 24, 2023

Business·Technology

Nigeria’s Flutterwave Leads 4 South African, Ugandan Fintech Firms As Banker Awards Nominees

Nigeria’s Flutterwave is leading four South African Fintech companies as possible winners of the Fintech category in the 2023 Africa Banker Awards. The four other fintech companies so listed are Ensibuuko Technologies, Uganda; JUMO World, South Africa; Lulalend, South Africa and MFS

April 24, 2023

Business·Finance & Economy·News

Nigerian Banks Missing In Nominee List For 2023 Africa Banker Awards

HIGHLIGHTS The African Banker Awards nominees were selected from a record number of entries, representing the entirety of the African continent, over a total of 10 categories, and shortlisted by the Awards committee. The 2023 edition of the Awards ceremony will spotlight

April 24, 2023

Business·News

Benin Port: 10 NIMASA Trainee Seafarers To Become Pioneer Staff

Chairman of the Benin Port Project, Engr. Greg Ogbeifun, has assured that the ten Edo indigenes undergoing studies under the Nigerian Seafarers Development programme (NSDP) scholarship scheme will be engaged as pioneer staff of the Benin Port. In a statement, Ogbeifun, said

April 24, 2023

USAir Peace CEO Reveals Why Airline Is Yet To List On Capital Market

Business

Air Peace’s Allen Onyema Appeals For Dialogue Between Aviation Workers, FG

The Chief Executive Officer of Air Peace, Allen Onyema, has advised aviation unions to make industrial action their last resort in their disagreement with the Federal government. Onyema said the parties should continue to embrace dialogue. He made this known on Monday

April 24, 2023

AMA News·Business

Big African Companies Led by Female CEOs Outperform Benchmarks

While only 5% of companies listed on Africa’s 24 stock exchanges have a woman as CEO, those that do have woman CEOs outperform financially by a wide measure, according to a new analysis by Africa.com. To mark the evolution of Africa.com’s Definitive

April 24, 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 515

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

Nigeria’s Foreign Reserves Fall By $1.58 billion, To Affect International Investments, Dollar Rate

CBN’s Former Deputy Gov, Moghalu, Lists Problems Affecting Nigeria’s Growth

Femi Otedola, On Twitter, ‘Notifies’ TransCorp Board Of Majority Share Purchase

Why Shareholders Approve Seplat’s $15 Cents Final Dividends

Africa Banker Awards 2023: Full Nominees List – 10 Categories

Nigeria’s Flutterwave Leads 4 South African, Ugandan Fintech Firms As Banker Awards Nominees

Nigerian Banks Missing In Nominee List For 2023 Africa Banker Awards

Benin Port: 10 NIMASA Trainee Seafarers To Become Pioneer Staff

Air Peace’s Allen Onyema Appeals For Dialogue Between Aviation Workers, FG

Big African Companies Led by Female CEOs Outperform Benchmarks

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

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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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