Interest rate to remain high amid inflationary pressures — United Capital
By Peter Egwuatu United Capital Plc, has indicated that interest rate in Nigeria is expected to remain high at the backdrop of inflationary pressures in the second half of 2026 H2’26. Speaking at its investor relations roundtable, held in Lagos, with the theme: “Decoding performance insights into United Capital Growth Drives and outlook”, the company’s Group […]
The basics of capital gains tax
A Capital Gain may be defined as profit arising from increases in the market value of capital assets to a person or corporate body, who does not habitually offer them for sale and in whose hands they do not constitute stock-in-trade.
Phillips joins Flour Mills board
Foluso, according to a statement by the company, is the Executive Chairman and Founder of Phillips Consulting Limited, a firm engaged in business and management consulting, with offices in Nigeria and South Africa.
‘Inadequate metering major challenge in power sector’
Managing Director of Ikeja Electricity Distribution Company, Ikeja DISCO, Engr. Abiodun Ajifowobaje, has identified inadequate customers’ metering as one of the major challenges confronting the new owners in the power sector.
‘Banks’ earnings to drop over CRR increase for private sector deposit’
Commercial banks operating in the country will likely report weak earnings at the end of 2014 financial year following continuous tightening of banking system liquidity by the Monetary Policy Committee.
Protect your business against money laundering – NFIU charges BDCs
Nigeria Financial Intelligence Unit has charged the management of bureaux de change (BDC) to put in place measures that will protect their businesses from money laundering activities.
