Archives for April 20, 2021
World Bank tasks Nigeria Governors on digital tax collection
The World Bank has advised Governors to adopt a digital tax collection method to reduce revenue leakage and borrowing from international financial institutions. The country representative of the World Bank…
Access Bank acquires BancABC Botswana
MD, Access Bank, Herbert Wigwe By Ngozi Onyeakusi --- Access Bank, Nigeria’s biggest lender by customer base, says it has entered into a definitive and binding agreement with ABC Holdings regarding…
UBA posts 27% Profit After Tax growth
By Ngozi Onyeakusi---- United Bank for Africa (UBA) Plc Monday, released its unaudited results for the first quarter ended March 31, 2021, showing impressive double-digit growth across major income lines.…
Premium Pension investment assets soars to N674 billion
A pension fund administrator (PFA), Premium Pension Limited, has recorded an assets under management (AUM) growth to billion last year, from billion in 2019. This was disclosed by the chairman,…
Oil firms borrowed N130bn from banks in February– CBN
CBN Governor, Emefiele Operators in the downstream, natural gas and crude oil refining sectors of the Nigerian oil and gas industry borrowed N130bn from Nigerian banks in February amid the…
NNPC Assures No Increase in Pump Price of Fuel, as Subsidy rises to N500bn
The Nigerian National Petroleum Corporation (NNPC) says it will not increase the ex-depot pump price of fuel (PMS – Premium Motor Spirit) also known as petrol in May. The Group…
Eight repentant militants, kidnappers turn pastors in OPM Church
No fewer than eight repentant Niger Delta militants and kidnappers undergoing rehabilitation in the Omega Power Ministries (OPM) rehabilitation centre, are now pastors in the church, General Overseer, Apostle Chibuzor…
First 50 Beneficiaries Emerge In Ecobank Super Reward Scheme
By Ngozi Onyeakusi---- Ecobank Nigeria has announced the first 50 beneficiaries of Ecobank Nigeria Super Reward scheme. 50 customers will receive N25, 000 each. The four-month Super Rewards scheme which…
FIRS Urges Revenue Authorities To Embrace e-Solutions
Revenue generating authorities at all levels have been advisef to embrace automated processes and e-solutions for effective tax administration. The Federal Inland Revenue Service (FIRS) which made the call said…
Leadway Assurance Harps on need to mitigate cyber risks
By Ngozi Onyeakusi--- Corporate entities, institutions, religious organizations and individuals have been urged to provide necessary measures to protect their database and computer networks from attacks by hackers. Speaking recently…
