Saturday, April 21, 2018

Nigerian businesses risk €20 million fine over non-compliance with new EU...

Isa Ali Ibrahim Pantami Nigerian businesses that collect, store and process personal data for European Union (EU) citizens for the provision of goods and services...

Payments via digital solutions and growth effects

The ease of conducting seamless financial transactions is probably the biggest motivation to go digital. For business transactions to take place, one will no...

Flour Mills Nigeria records N427.5 billion revenue in third quarter

Chief Executive Officer, The Nigerian Stock Exchange, Oscar N. Onyema (left); Chairman, Board of Directors, Flour Mills of Nigeria Plc, John Coumantaros and Group Managing Director, Paul...

NCC, CBN sign MoU on mobile money, financial inclusion

As part of moves to strengthen mobile money segment of Nigeria’s information and communications technology (ICT) sector, the Nigerian Communications Commission (NCC), and the...

Experts hopeful inflation rate drops to single digit midyear

InflationA report by FSDH Research team has predicted inflation rate to drop to single digit in July 2018, provided there is no adjustment to...
CBN-Central-Bank-of-Nigeria

FG appoints two firms to audit TSA remittances

The Federal Government has commenced an independent audit to ascertain the rate of compliance by Deposit Money Banks in the remittance of government funds...

Afreximbank urges enterprises to engage factoring to solve cash flow difficulties

Kanayo Awani. PHOTO:www.afreximbank.com The African Export-Import Bank (Afreximbank) has urged African enterprises to make use of factoring to take advantage of the opportunities for expanding...

Union Bank offers 8,500 ‘carebags’

Union Bank has activated its UnionCares campaign, an initiative aimed at donating over 8,500 care bags containing staple food items to underprivileged persons across...

Multiple levies, licences threaten N750bn lubricant sector investment

Lubricant Producers Association of Nigeria (LUPAN)’s investment of over N750 billion is being threatened by multiple government agencies demanding different levels or licensing of...

Adesina urges America to support African agriculture as a business

The President, African Development Bank (AfDB), Dr. Akinwumi Adesina, has made a strong case for increased American and global investments to help unlock Africa’s...
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