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Business - Page 706

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

Africa Banker Awards 2023: Full Nominees List

Business·News

AfDB’s $170 million Fund To Expand Nigeria’s Digital Industry, Grow Jobs In Creative Sector

The Africa Development Bank (AfDB) has provided $170 million to Nigeria which it says will help drive the country’s I-DICE initiative to expand the digital industry and grow jobs in the creative industries. President of the AfDB, Akinwunmi Adesina, who disclosed this

February 2, 2022

Business·World News

Netherlands To Destroy Popular Bridge So Jeff Bezos’ Yacht Can Pass Through

All has been concluded to dismantle a popular Netherlands bridge situated in Rotterdam to make way for the brand new pleasure megayatch of Amazon Founder, Jeff Bezos. Bezos, one of the richest men in the world, commissioned the building of the super

February 2, 2022

BREAKING NEWS: CNN President, Jeff Zucker Resigns Over Intimate With Staff

Business·World News

BREAKING NEWS: CNN President, Jeff Zucker Resigns Over Intimate Relationship With Staff

CNN President, Jeff Zucker has shocked the media world when he tendered his resignation letter Wednesday, February 2, 2022 because of a secret relationship with a senior colleague which he never told anyone even when he was required to do so. Insider

February 2, 2022

Business

Flour Mills Announces N25bn Profit, Plans Expansion

Flour Mills of Nigeria Plc has announced a profit before tax of N25bn for a nine-month period. The company recorded solid performance across food, agro-allied and support segments, delivering topline growth of 51 per cent in the third quarter and 49 per

February 2, 2022

Business

Air Peace Has Submitted Request To Resume Flights In March – FG Writes UAE

The federal government has written the authorities in the United Arab Emirates (UAE) to approve the request by Air Peace for the resumption of passenger flights. The government said this in a letter addressed to Saif Mohammed Al Suwaid, director-general (DG) of

February 2, 2022

Business

Airtel Africa Appoints Emeka Oparah As Vice President, Corporate Communications

Airtel Africa Plc has approved the appointment of Emeka Oparah, a communications professional, as vice-president, corporate communications. Airtel disclosed this in a statement issued on Tuesday, saying Oparah will manage the image of Airtel Africa in its 14 African markets, including Nigeria, as

February 2, 2022

Business

FBN Holdings Appoints Julius Omodayo-Owotuga As Non-Executive Director

The management of First Bank Holdings Plc has appointed Julius B. Omodayo-Owotuga, deputy chief executive of Geregu Power Plc, as a non-executive director. Seye Kosoko, FBN Holdings’ company secretary, made this known in a statement posted on the Nigeria Exchange Limited (NGX)

February 1, 2022

Nigerian Banks Rely More On Liquidity, As Borrowing From CBN Rises To N19.8trn

Business·Finance & Economy

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

Banks are now sending out notices to potential import and export business customers for the first phase of the Central Bank of Nigeria (CBN) workshop on the new Product Price Verification Mechanism in Abuja. The workshop will hold on Thursday February 3,

February 1, 2022

Governor of Nigerias Central Bank Godwin Emefiele

Business

28 Companies Benefitted In First Cycle Of ‘100 For 100’ Policy – Emefiele

Godwin Emefiele, governor of the Central Bank of Nigeria (CBN), has disclosed that 28 companies benefitted from the first cycle of the 100 for 100 policy on production and productivity (PPP). Emefiele made this known on Monday during the flag-off of the

February 1, 2022

Business

Aregbesola Says Passport Processing In Nigeria Needs Urgent Reform

The minister of Interior, Rauf Aregbesola, has disclosed that the international passport application process in the country needs an urgent and strategic reform that will address bottlenecks applicants encounter during request. Aregbesola, who disclosed at the Lagos Business School, acknowledged that there

February 1, 2022

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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 706

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

AfDB’s $170 million Fund To Expand Nigeria’s Digital Industry, Grow Jobs In Creative Sector

Netherlands To Destroy Popular Bridge So Jeff Bezos’ Yacht Can Pass Through

BREAKING NEWS: CNN President, Jeff Zucker Resigns Over Intimate Relationship With Staff

Flour Mills Announces N25bn Profit, Plans Expansion

Air Peace Has Submitted Request To Resume Flights In March – FG Writes UAE

Airtel Africa Appoints Emeka Oparah As Vice President, Corporate Communications

FBN Holdings Appoints Julius Omodayo-Owotuga As Non-Executive Director

Imports: Banks Rally Elite Customers For New Product Price Verification Mechanism

28 Companies Benefitted In First Cycle Of ‘100 For 100’ Policy – Emefiele

Aregbesola Says Passport Processing In Nigeria Needs Urgent Reform

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

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

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