Business

FAAC shares N2.43trn among FG, states, LGs

•As CIT, CGT, stamp duties, VAT collections decline By Emma Ujah The Federation Account Allocation Committee (FAAC) has shared N2.428 trillion among the three tiers of government, Federal Government, state governments and local government councils. This comes as collections from Companies Income Tax (CIT), Capital Gains Tax (CGT), Stamp Duties and Value Added Tax (VAT) […]
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UBA contactless cards hit industry high of three million

United Bank for Africa (UBA) Plc, has recorded an industry landmark in the Nigerian e-banking space with the  issuance of over three million Near Field Communication (NFC) technology enabled contactless cards to the customers.

Air Peace lands in Freetown, Banjul, Dakar

The Chairman of Air Peace, Mr Allen Onyema, says seamless air connectivity is pivotal to the socio-economic development of countries within the Economic Community For West African States (ECOWAS) sub-region.

NSE: PZ, Lasaco Assurance depress investors’ wealth by N234bn

The equities market started the week today on a negative note – halting three consecutive sessions of gains as profit taking in 32 equities led by PZ Cusson Nigeria Plc, Linkage Assurance Plc and FBN Holdings Plc dragged the investors’ wealth down by N234 billion.

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