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FGN directs Tax Authority, other MDAs to ensure strict compliance of tax payment by foreign firms
The Federal Government of Nigeria has directed the Federal Inland Revenue Services (FIRS) and other related government agencies to ensure strict compliance of ...
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FGN sustained use of direct monetary financing could raise risks to macroeconomic stability – Fitch
The Federal Government of Nigeria’s repeated recourse to its Ways and Means facility with the Central Bank of Nigeria highlights weaknesses in public ...
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TNG Digital Reportedly Seeking to Raise US$150 Million
TNG Digital, the e-wallet operator that was formed as a result of a joint venture between CIMB Bank and Ant Financial, is reportedly ...
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World’s biggest asset manager provides Bitcoin to clients
The world’s largest asset manager, BlackRock Inc is adding bitcoin futures as an eligible investment asset class according to a recent filing by ...
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Citigroup Declares Common Stock Dividend; Citigroup Declares Preferred Dividends
The Board of Directors of Citigroup Inc. early this week declared a quarterly dividend on Citigroup’s common stock of $0.51 per share, payable ...
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January 2021 FGN Bond records oversubscription of N88.3 billion
The January 2021 FGN bond offer has received a total bid of N238.28 billion across all tenors, indicating it was oversubscribed by approximately ...
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Elon Musk to Offer $100-Million Prize for ‘Best’ Carbon Capture Technology
Tesla chief and billionaire entrepreneur Elon Musk, took to Twitter early this week to promise a $100-million (roughly Rs. 730 crores) prize for ...
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Goldman Sachs-backed WealthTech Elinvar secures €25 million funding round
Berlin-based, WeathTech outfit Elinvar has secured €25 million in a funding round led by ToscaFund Asset Management. Existing shareholders include Ampega Asset Management, ...
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The Nigerian insurance sector; repositioning for efficiency
The Nigerian Insurance sector is critical to propelling income equality and reducing the poverty level of any society, but the industry’s performance has ...
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Access Bank partners Africa Fintech Foundry on 2021 Accelerator
Africa Fintech Foundry (AFF) in partnership with Access Bank has commenced procedure for the 2021 Accelerator program. The group said it has opened ...