Business

Reintroduction of 4% of the concerns of Levy Fob Man

• He says that charges can increase import cost in raw materials above N6.6trn The Nigeria manufacturers association (MAN) has expressed concern about the reintroduction of the free -percentage of four percent by the Nigeria Customs Service (NCS), as of...

Coronation lists N8.79bn Infrastructure Fund in NGX

The Coronation Infrastructure Fund (CIF), which was news in early 2024 to achieve the greatest capital increase in a series I issuance for an infrastructure fund in Nigeria, has officially figured into the main board of the Nigerian exchange...

Bag runners require urgent reforms to increase the $ 1TRN economy

Bolsa runners, under the banner of the Chartered of Stockbrokers (CIS) Institute, have asked the Federal Government to initiate urgent economic reforms aimed at repositioning the Nigerian capital market as a key driver to achieve the economy goal of...

Income assignment review: Can RMAFC offer a fairer formula for Nigeria’s federalism?

The allowance of income and the Fiscal Commission (RMAFC) has announced the beginning of a new review of the Nigeria Revenue Exchange Formula, but interested parties require more funds for the States, since the commission points to a new...

FG reiterates the commitment to court investors who return with global incentives

The Minister of State for Petroleum Resources (oil), Heineken Lokpobiri, said that Nigeria is strengthening its position as a main global investment destination, welcoming international investors and partners who return to their oil industry and gas with competitive incentives...

FG, states, LGS share N2.001TRN income from July

The Federation Accounts Assignment Committee (FAAC) has shared a total sum of ₦ 2,001 billion as income from July 2025 between the Federal Government, the state governments and the local government councils at its August 2025 meeting held in...

H1 2025: FCMB Group records a 23% increase in PBT

Tribune online H1 2025: FCMB Group records a 23% increase in PBT According to the financial reports submitted to the Nigerian Exchange Limited (NGX), the gross income for the period increased to N529.2 billion H1 2025: FCMB Group records a 23% increase...

Pepsico, DP World Open $ 20 million lake facilities such as Tinubu reforms attract new investments

Tribune online Pepsico, DP World Open $ 20 million lake facilities such as Tinubu reforms attract new investments "Our reforms have restored stability, unlocked investment and are creating conditions for rapid and inclusive growth." Pepsico, DP World Open $ 20 million lake...

NCC to publish quarterly telecommunications performance reports

Tribune online NCC to publish quarterly telecommunications performance reports The Nigeria Communications Commission (NCC) has announced plans to begin the periodic release of telecommunications performance data to improve transparency, corporate governance and competitiveness in the sector. The Executive Vice President (EVC)...

Jaiz Bank exceeds the CBN recapitalization point

Tribune online Jaiz Bank exceeds the CBN recapitalization point Jaiz Bank PLC has announced that he has met and exceeded the new recapitalization requirements established by the Central Bank of Nigeria (CBN), becoming one of the country's first banks to do...

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Banks await CBN clearance as audit delays leave investors without key earnings data

Investors in some of Nigeria's largest listed banks are facing a growing information gap as delays in the completion...