On Monday, the Central Bank of Nigeria issued a directive to commercial banks, instructing them not to use their foreign exchange revaluation gains for dividends...
Numerous major Nigerian corporations spanning diverse industries might face financial strain due to the prolonged shortage of foreign exchange (forex) resources. This challenge coincides...
Over the weekend, the price of Nigeria’s Bonny Light oil increased to $92.79 per barrel, up from the previous $90.88 per barrel reported last Tuesday....
On the heels of Nigeria’s adoption of the International Sustainability Standards Board (ISSB), Chief Executive Officer, NGX Regulation Limited (NGX RegCo), Tinuade Awe, has urged Nigerian...
The Executive Vice Chairman and Chief Executive Officer of the Nigerian Communications Commission, Professor Umar Danbatta, announced on Thursday that the telecommunications industry made a...
The Central Bank of Nigeria’s Acting Governor, Folashodun Shonubi, has announced plans to clear all outstanding forward contract debts owed to banks within the next...
The Nigerian Exchange Limited (NGX) has expressed eagerness to collaborate with the Lagos Chamber of Commerce and Industry (LCCI) in advancing advocacy efforts, encouraging listings, and...
The Nigerian Exchange Limited (NGX) has rolled out a mix of remedies to the prevailing problem of unclaimed dividends in the capital market. Biztellers gathered that...
Dangote Cement Plc, a subsidiary of Dangote Industries Limited, (DIL), paid a total of N412.9 billion into the coffers of the Federal Government as tax for...
The National Bureau of Statistics has released its most recent Value Added Tax (VAT) report for 2023. According to the report, in Q2 2023,...
