Lagos State government said it would resort to tax net expansion so that it would be able to finance the N1.17 trillion 2020 budget. The State’s Commissioner for Economic Planning and Budget, Sam Egube, disclosed this in a statement on Wednesday. According to PUNCH, Egube said the state government believedRead More →
Corporate Beggars …Jim Ovia’s.Zenith Bank Security Staffs Turn Beggars A painful endeavor most likely but then imagine walking into a bank appearing to be an elite or simply appear to fit into an image of comfort. Car keys in hand, a nice dress to boot. Dapper looks gives you awayRead More →
GTBank Family Crisis…Who Will Settle Segun Agbaje and Fola Adeola Animosity? The presence of the two financial titans spurred the pottery kiln of GTB’s rise, a point towards its blooming boom in its formative years. At the onset, Fola had the initial strong stake with Aderinokun, co-founders with the MastermindRead More →
in line with the consistency of previous administrations in the area of infrastructural development and the determination of the present administration to continue the laudable trend, Lagos state government has launched its third series N500 billion bond issuance programme, The state government seeks to raise N100 billion.The offer to raiseRead More →
Nigeria spent a staggering sum of N1.08 trillion to import used cars (popularly called Tokunbo) and motorcycles (Okada) in one year (October 2018 – September 2019), Data from the National Bureau of Statistics (NBS) has shown. Reports from various NBS data indicate that cars and motorcycle importation into Nigeria roseRead More →
A customer relationship manager with First Bank of Nigeria Limited, Kehinde Adewuyi, has been arraigned for allegedly converting the sum of N52,628,000 from his employer’s account to his personal use. The 36-year-old suspect was on Tuesday arraigned before the Igbosere Magistrates’ Court on three counts bordering on stealing. The suspectRead More →
Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, has said that the new Finance Bill will ensure the exclusion of small businesses with a yearly revenue of less than N25 million from Company Income Tax. The minister said the bill, when passed into law, would have only companiesRead More →
United Bank for Africa Plc (UBA) today, announced that Oliver Alawuba has been appointed as CEO of UBA Africa, overseeing the bank’s 20 African country operations, ex-Nigeria. He succeeds Victor Osadolor, who retires from the Group Board, after 9 years of service working at UBA. UBA Africa serves over 19Read More →
Unity Bank Plc has announced the appointment of Adejumobi Alaba Williams as its new Company Secretary. Williams is set to replace Mohammed Shehu, Unity Bank’s former secretary. The appointment was disclosed in a statement signed by the bank’s Managing Director and Chief Executive Officer, Tomi Somefun and issued to the NigerianRead More →
News have been circulating social mediathat Tony Elumelu’s United Bank for Africa (UBA) has given its staff a new year shocker with a nationwide retrenchment.Insidebankinghall gathered that few days into the new year, the Bank whose famous philanthropic owner, Tony Elumelu is currently running a $5,000 grant to entrepreneurs underRead More →
