Reconsider implementation of cybersecurity levy, says KPMG
KPMG Nigeria has advised the federal government to reconsider the implementation of the cybersecurity levy due, adding that higher taxes...
Banking & Finance
Uwaleke commends SEC on new rules on private companies’ securities
The President of Capital Market Academics of Nigeria, Professor Uche Uwaleke has commended the Securities and Exchange Commission (SEC) for...
SERAP, BudgIT, 136 Nigerians drags CBN to court over cybersecurity levy
Omeiza Bilal Socio-Economic Rights and Accountability Project (SERAP), BudgIT and 136 concerned Nigerians have filed a lawsuit against the Central...
NDIC jerks up maximum deposit insurance to N5m for commercial banks
Omeiza Bilal The Nigerian Deposit Insurance Corporation has increased the maximum deposit insurance coverage for customers of Deposit Money Banks from...
Equity market gains N303bn
Omeiza Bilal The local equity market opened on a positive note, after public holiday to celebrate worker's day, gaining N303...
Transcorp Hotels’ expansion plans boost investor confidence; reports N42bn revenue in 2023
Omeiza Bilal Transcorp Hotels Plc, the hospitality subsidiary of one of Africa’s leading, listed companies, Transnational Corporation Plc (Transcorp Group, Monday...
Domestic equity market sheds N154bn
Omeiza Bilal The domestic equity market Monday opened bearish, declining by N154 billion as profit taking activities persisted in the...
Naira best performing currency globally in April – Cardoso
Following a series of foreign market reforms, the Naira has been adjudged the best performing currency globally in April, says...
FG to secures $2.25bn World Bank loan
The federal government has concluded plans with the World Bank for a facility worth $2.25 billion. The facility is a...
UBA America strengthens commercial diplomacy at World Bank meeting
UBA America, the United States subsidiary of United Bank for Africa (UBA) Plc hosted diplomats, government officials and business leaders...
