Access Bank Joins NGX to Launch Impact Board
Access Bank Plc, Nigeria’s leading institution in sustainable finance, was one of the participants in the launch of the Nigerian Exchange Limited (NGX) Impact Board, a…
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Business
Nigerian business and economy news: the naira, CBN policy, inflation, oil and gas, banking, markets, budgets and companies.
FG to impose 50% tax on banks
The Federal Government plans to implement a 50% tax on the profits banks earn from foreign exchange revaluation in 2023. President Bola Tinubu has submitted proposed…
JUST IN: Crypto exchange, OKX, discontinues services in Nigeria
Cryptocurrency exchange, OKX, has announced plans to discontinue its services in Nigeria, citing recent changes in local laws and regulations. The exchange, in a statement sent…
Economic hardship: Passengers opt for road travel as plane tickets rise to over N150,000
Due to a continuous surge in airfares, many passengers travelling from Lagos to various destinations such as Abuja, Port Harcourt, Kaduna, Owerri, and Kano are increasingly…
Access Bank Targets Top 20 Position in UK, $1bn Profit by 2027
Access Bank, sub-Saharan Africa’s largest bank by customer base, has shared insights about ambitious plans to position its UK subsidiary, Access Bank UK, among the top…
Court Grants Former Minister Of Power 10billion Naira Bail Over Fraud Allegation
The Federal High Court in Abuja has granted a former Minister of Power, Saleh Mamman bail, to the tune of 10billion Naira and two sureties in…
“Nigerian public officials received N721 billion in bribes in 2023” – New report reveals
A new report by the National Bureau of Statistics (NBS) has revealed that Nigerian public officials received N721 billion in bribes in 2023. The report, titled…
Proposed 90,000km fibre project will face severe challenges, Telecoms stakeholders tells FG
The federal government has been told that its planned deployment of 90,000 kilometers of fibre optic cables across the country will face several obstacles. Stakeholders in…
BREAKING: FG suspends tax, import duties for maize, wheat, brown rice
The Federal Government on Monday announced the suspension of duties, tariffs and taxes for the importation of some food items through land and sea borders. The…
JUST IN: Man climbs TV mast In Abuja, threatens suicide over economic hardship (VIDEO)
A man has climbed a broadcast mast on Katampe Hill in Abuja, vowing to sacrifice his life for the nation’s pressing issues. His demands include: Restoration…