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Promise Edmund

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7961 Articles

IMF: Nigeria should further hike in interest rate to curb inflation  

The Director of the Communications Department of the International Monetary Fund (IMF), Julie Kozack, has said that the Central Bank

By Promise Edmund 6 Min Read

Nigeria Deposit Insurance Corporation to pay depositors of 20 failed banks N16.18 billion liquidation dividend

The Nigeria Deposit Insurance Corporation (NDIC) has announced its readiness to carry out full liquidation dividend payments totalling N16.18 billion

By Promise Edmund 3 Min Read

2024 budget: Ministry of Defence seeks N49.57 million to create veteran databank, 15 years after presidential directive

The Ministry of Defense is seeking N49.57 million in the 2024 proposed budget to create a databank for veterans. This

By Promise Edmund 4 Min Read

“PFAs made N1.63 trillion single payment pension to 442,000 retirees in 15 years” – PenOp 

The Pension Fund Operators Association of Nigeria (PenOp) revealed that, as of the second quarter, 442,000 retirees had received lump

By Promise Edmund 5 Min Read

FIRS collects N1.75 trillion (115.9% growth) in Company Income Taxes in one year

Nigeria’s Company Income Tax (CIT) collection increased by 115.90% increase in one year from N810.19 billion recorded in the Q3

By Promise Edmund 3 Min Read

TECNO announces AFCON sponsorship alongside Spark 20 unveiling

TECNO, the global leader in technology, has announced a novel partnership with the Confederation of African Football (CAF) for the

By Promise Edmund 4 Min Read

CIT collection increases by 115.90% in one year to N1.75 trillion 

Nigeria’s Company Income Tax (CIT) collection increased by 115.90% increase in one year from N810.19 billion recorded in the Q3

By Promise Edmund 3 Min Read

Nigerian stocks surge fuels commission revenue growth as top brokers raked in N24.102 billion

Despite a challenging macroeconomic environment marked by high inflation, political uncertainty, and foreign exchange scarcity, the Nigerian stock market has

By Promise Edmund 7 Min Read

Over 61,000 PZ Cussons shareholders have unclaimed dividends  

PZ Cussons has published the list of its shareholders with unclaimed dividends, with about 61,628 shareholders featured on this list.

By Promise Edmund 3 Min Read

REA, NASENI sign $150 million pact with Chinese Investors for battery manufacturing in Nigeria 

The Rural Electrification Agency (REA) and the National Agency for Science and Engineering Infrastructure (NASENI) have signed a $150 million

By Promise Edmund 4 Min Read

Moody’s investors service upgrades Nigeria’s credit outlook to positive, maintains rating at Caa1 

American-based credit rating agency, Moody’s Investors Service (Moody’s), has moved Nigeria’s credit outlook from stable to positive.   This is

By Promise Edmund 4 Min Read

Niger to plant 1 billion trees, transition 800,000 homes to off-grid solar power solution  

The Niger State Government has launched its blueprint for a Green economy with a plan to plant a billion trees

By Promise Edmund 3 Min Read