Naira stands to depreciate

BankingBuisnessEconomy

All you need to know about the Nigerian Finance Act 2019 to avoid sanction

Finance Act 2019 – On Monday, 13 January 2020, the Finance Act 2019 was signed into law by President Mohammad Buhari, sequel to the signing of the 2020 Budget on 17 December 2019. The bill which was forwarded for passage… Continue Reading…

CBN intervention fund

BankingBuisness

Business and financial news round-up for the week ended 8/03/2019

Business and financial news round-up for the week ended 8/03/2019 CBN, EFCC tighten noose on economic crimes Officials of the Central Bank of Nigeria (CBN) and their counterparts from the Economic and Financial Crimes Commission (EFCC) thursday met with the… Continue Reading…

Buisness

Dangote now 64th richest man in the world

Dangote now 64th richest man in the world African investor and President, Dangote Group, Alhaji Aliko Dangote, has been listed as the 64th richest person in the world. Dangote, who retained his spot recently as Forbe’s Billionaire Richest Man in… Continue Reading…

Executive order 007

BuisnessEconomy

Executive order 007 as reviewed by Femi Awofala has been published on financengr

Executive order 007 as reviewed by Femi Awofala has been published on financengr The 2019 Road Infrastructure Investment Tax Credit Executive Order 007 and the Search for Bankable Solution for Road Infrastructure in Nigeria On 25 January 2019, President Muhammadu… Continue Reading…

why startups fail

Buisness

13 reasons why startups fail, number 12 is a killer strategy

13 reasons why startups fail, number 12 is a killer strategy Why startups fail – Have you set up a business and couldn’t breakthrough, are you afraid of starting a business for fear of failure, have you lost your hard… Continue Reading…

Guinness Nigeria

BuisnessEconomy

Guinness Nigeria Plc Reports  H1 F19 results

Guinness Nigeria Plc Reports  H1 F19 results • Profit Before Tax growth of N251m • Net finance charge significantly reduced by N2.3bn • Revenue declined 4% • Operating profit declined by N2bn Guinness Nigeria Plc, a leading beverage and alcohol… Continue Reading…

Cashbox

BuisnessEconomy

Fintech Company deepens services to boost cash-less initiative in Nigeria

Fintech Company deepens services to boost cash-less initiative in Nigeria Fintech Company  – A financial technology company, Itex Integrated Services Limited, has expanded operations in Nigeria, with a view to boosting the Central Bank of Nigeria (CBN’s) cashless initiative. Itex, which… Continue Reading…

Fertilizer

BuisnessEconomy

Fertilizer joins forbidden items not valid for forex

Fertilizer joins forbidden items not valid for forex The Central Bank of Nigeria has announced the inclusion of fertilizer in the list of 41 items not valid for forex. By this decision it therefore means that foreign exchange can no… Continue Reading…

STERLING BANK

BuisnessEconomy

Sterling bank adopts digital commodity market

Sterling bank adopts digital commodity market Sterling Bank Plc, has launched digital, end-to-end blockchain based commodity trading and financing platform. Developed in partnership with Binkabi and AFEX Commodities Exchange, the platform will decentralise Agric commodity trading in Nigeria and all… Continue Reading…

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