Zenith Bank, UBA, Others Pay N499bn on income tax expenses

Zenith Bank, UBA, Others Pay N499bn On Income Tax Expenses Seven Systematicaly Important Banks (SIBs) of the Central Bank of Nigeria (CBN) have paid N499 billion on income tax expenses between 2011 and 2016 Financial institutions under the category of SIB include Zenith Bank Plc, Access Bank Plc, Guaranty Trust Bank Plc (GTBank), parent company of FBN […]

Nigeria Spends $3.2bn On Importation Of Palm Oil In 10yrs

By YUSUF BABALOLA, Lagos Nigeria has imported palm oil worth over $3.2billion in the last ten years, LEADERSHIP can authoritatively report. Findings by LEADERSHIP revealed that the nation imported a cumulative 4,760,000 tonnes of palm oil from 2007 to November, 2017. Palm oil, hitherto one of the nation’s major foreign exchange earners in the early 1960s […]

Bitcoin breaks $10,000 mark

Bitcoin hits over $10,000 in value Virtual currency Bitcoin continued its stratospheric rise on Wednesday, breaking  through the $10,000 barrier for the first and sparking fears of an imminent bubble. The virtual currency hit a high of $10,379 in Asia, according to Bloomberg News, more than 10 times higher than its value at the start […]

Mystery buyer pays $36m for Aluko’s New York penthouse

Aluko’s penthouse in Manhattan New York: sold to mystery buyer for $36m A yet-to-be identified  buyer has paid $36million for the luxury penthouse at the One57 tower in New York formerly owned by wanted  Nigerian oilman Kola Aluko. Quoting Bloomberg,  Curbed reported that the 79th floor apartment was sold at a  foreclosure auction. Kola Aluko: Penthouse sold at […]

My three key plans: Cement, then oil – then Arsenal FC – Dangote

Billionaire businessman Aliko Dangote in this interview with Francine Lacqua of Bloomberg Markets, says he chooses to make daring moves that others would shy away from. He also speaks on future investment plans. You’ve made billions in cement-something humans have produced for thousands of years. What did you figure out? I think actually what I […]

BOI disburses funds to over 1,000 Plateau women

The Bank of Industry (BoI) has disbursed loan facilities ranging from N10,000 to N50,000 to over 1,000 women entrepreneurs in Plateau State, under the Government Enterprise and Empowerment Programme (GEEP). Tagged the  MarketMoni Alert, the  initiative is one of the Federal Government’s social intervention programmes aimed at helping micro enterprise operators in the country bridge […]

4000 beneficiaries from Nasarawa, Benue, Plateau to get N200m loan

The Bank of Industry (BoI) under the Government Enterprise and Empowerment Programme (GEEP) has signed an agreement with OXFAM Nigeria to disburse N200 million to OXFAM’s Village Saving and Loan Associations (VSLA) in Nasarawa, Benue and Plateau states. The Deputy Country Director Oxfam Nigeria, Mr. Constant Tchona, said yesterday in Abuja that the development was […]

$450m investment: Dangote’s pact signing with Niger shifted

$ A Memorandum of Understanding between Dangote Group and Niger State government earlier slated for yesterday has been shifted to next week, Daily Trust learnt. This is to enable the President of the Dangote Group, Alhaji Aliko Dangote, to be personally present at the event as well as broaden the scope of the investment, a […]

IMPACT INVESTING FOR ADVANCING AGRICULTURAL ECONOMY & INNOVATION ……PART 1

COMMENTARY….. Impact Investing for Advancing Agricultural Economy & Innovation is initiated to showcase the competitiveness of Niger State in specific areas that enhance decision making for investments, the Honorable Commissioner Niger State Ministry of Commerce, Investment and Cooperatives, Hajiya Ramatu Mohammed Yar ‘adua confirmed She said in a bid to improve the business environment and […]