Sunday, May 9, 2021

Monthly Archives: May, 2021

Nigeria generates N496.39bn as Value Added Tax in first three months of 2021

Sectoral distribution of Value Added Tax (VAT) data for Q1 2021 reflected that the sum of N496.39bn was generated as VAT in Q1 2021...

Veronica Folorunso innocent of Pointblanknews allegation, says Gab and Nuella

The management of Gab and Nuella has refuted claimed made in a Pointblanknews.com story with the title “Exposed! Sylva, Mamman Daura, Buhari’s aides share...

Analysts See looming M&A after CBN’s FBN Holdings Board Rejig

FBN Board changes has continued to generating reactions as breakdown in governance code came as surprise to industry’s analysts, especially investment bankers who found...

Seplat Plc.’s Earnings Bounced Back Strongly on Higher Oil Prices

eplat Petroleum Development Company (Ticker: SEPLAT) Plc.’s earnings bounced back strongly on higher oil prices as the global economy heals gradually following the pandemic,...

REDTV Launches New Series, Public Figure in Ghana

United Bank for Africa's Lifestyle and Entertainment channel continues to blaze the trail in online entertainment as it pushes the best of Africa to...

Ikpeazu distributes business name certificates to SMEs in Abia

By Ihechinyere Chigemeri-Uwom Umuahia, May 7, 2021 Gov. Okezie Ikpeazu of Abia on Friday began the distribution of business name certificates to Small and Medium-Scale...

Net Savers Earn Little as Prime Borrowers Remain Most Favoured within Nigeria’s Banking sector

Meanwhile, despite the aggressive rise in inflation rate, net savers earned little as average savings deposit rate remained less than 2% while 3- and...

Nigeria’s fx reserves surged to $34.88bln in April despite decline in Bonny…

Nigeria’s foreign exchange reserves rose m-o-m by 0.2% to USD34.88 billion at the end of April despite decline in average price of Bonny Light...

Nigeria’s Purchasing Managers’ Index Hints at Sustained Economic Growth

Nigeria’s business activity remained in expansion territory as the IHS Markit-Stanbic IBTC headline PMI remained at 52.9 points in April. Expansion in new orders...

Nigeria to Tackle Worsening Insecurity Crisis through NIN-SIM Synchronization

In the just concluded week, President Muhammadu Buhari stated that the ongoing synchronization of the National Identification Number (NIN) with SIM cards (NIN-SIM) by...
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