By Polycarp Auta The Plateau Internal Revenue Service (PIRS) says it has generated more than N3.3 billion as Internally Generated Revenue (IGR) in January. Dr Jim Wayas, the Chairman of PIRS, disclosed this in an interview with the News Agency of Nigeria (NAN) on Monday in Jos. Wayas said thisContinue Reading
By Salif Atojoko President Bola Tinubu has congratulated Mr Jim Ovia, the founder and chairman of Zenith Bank Plc, on his admission to the prestigious Freedom of the City of London. President Tinubu described the honour as a fitting recognition of Ovia’s exceptional contributions to business, innovation, and technology. HeContinue Reading
By Taiye Olayemi The Central Securities Clearing Systems (CSCS) Group has announced a profit after tax (PAT) of N11.95 billion for the 2024 financial year. This reflects 18.7 per cent increase from the N10.08 billion recorded in 2023. According to the company’sContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) has urged members of the public to continue their banking activities without fear, assuring that all banks remain safe and sound. Hawwau Gambo, the Acting Head, Communication and Public Affairs Department of NDIC in Abuja on Sunday, reiterated the corporation’s commitmentContinue Reading
By Ginika Okoye The Nigeria Deposit Insurance Corporation (NDIC) says it will declare the first tranche of liquidation dividends from Heritage Bank’s asset realisation in April. According to NDIC, it will thereafter begin payment to uninsured depositors of the bank. Hawwau Gambo, the Acting Head, Communication and Public Affairs ofContinue Reading
By Rukayat Moisemhe Experts have emphasised the importance of team alignment, a high-performance culture, employee engagement, and effective leadership in attracting funding and ensuring business sustainability for entrepreneurs and start-ups. They made the call at the American Business Council (ABC) Business-for-Business (B4B) Revenue Acceleration Programme on Friday in Lagos. MrsContinue Reading
By Taiye Olayemi GTCO Plc has announced a pre-tax profit of N1.266 trillion for the 2024 financial year. This represents a significant increase from the N609.3 billion reported in 2023. The company made this known in aContinue Reading
By Taiye Olayemi Stanbic IBTC Holdings has announced plans to pay N38.87 billion in dividends to its shareholders for the financial year ended Dec. 31, 2024. This is a 36.3 per cent surge from N28.505 billion paid to its shareholders in 2023. The company disclosed this in a corporateContinue Reading
By Constance Athekame The Minister of Power, Mr Adebayo Adelabu, says President Bola Tinubu’s transformative agenda has reinvigorated Nigeria’s economy, strengthened institutions and restored hope in the hearts of Nigerians. Adelabu said this on Saturday in Abuja, in his congratulatory message to the president on his 73rd birthday. He commendedContinue Reading
By Taiye Olayemi President Bola Tinubu has assented to the Investments and Securities Act (ISA) 2024, which repeals the Investments and Securities Act No. 29 of 2007. This landmark legislation strengthens the legal framework of the Nigerian capital market, enhances investor protection and introduces critical reforms to promote market integrity,Continue Reading
