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Latest news on business in Nigeria - Page 22

FBN Takeover: Opposition Thickens Against Otudeko

The bid for return by the former FBN Holdings chairman, Oba Otudeko, has met a stiff opposing as stakeholders and other parties have stood against it. Oba Otudeko, chairman of Nigerian conglomerate, Honeywell Group, recently acquired 4.8 billion shares of FBN Holdings
July 11, 2023
FG Should Scrap 5% Telecoms Services Tax – ALTON   

FG Should Scrap 5% Telecoms Services Tax – ALTON   

Chairman of the Association of Licensed Telecoms Operators of Nigeria (ALTON), Mr Gbenga Adebayo, has called on the Federal Government to totally abolish the 5 percent Excise Tax on telecommunication services not just a temporary suspension. The ALTON chairman said it amounts
July 7, 2023
Sterling Bank, SMEDAN To Create Nigeria's Largest SME Database

Sterling Bank, SMEDAN To Create SME Database

Sterling Bank has signed an agreement with the Small & Medium Enterprises Development Agency of Nigeria (SMEDAN) to establish a comprehensive database of Small and Medium Scale Enterprises (SMEs) in Nigeria. This will help in scaling intervention programs and providing tailored solutions
July 1, 2023
Naira Vs Dollar: What To Expect This Week (2nd - 6th June 2025) 
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Naira Now Undervalued – Bank Of America

Following the floating of the naira in the foreign exchange market, the Bank of America (BoA) says the local currency has moved from being overvalued to undervalued. The American multinational investment bank projects that the value of the naira would settle at
June 30, 2023
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