Category: Local News

CBN bans forex for maize importation

3 Views The Central Bank of Nigeria has directed foreign exchange dealers to stop processing ‘Forms M’ for the importation of maize in order to boost local production. The CBN stated this in a...

FIRS extends tax debt payments to August 31

20 ViewsThe Federal Inland Revenue Service (FIRS) has extended the closing date of its waiver of penalty and interest window on tax debts owned by individuals and businesses from June 30 to August 31,...

NSE places caveat on 13 companies

50 ViewsThe Nigerian Stock Exchange (NSE) has warned investors to be wary when dealing with the shares of 13 companies after they failed to meet regulatory deadlines for the submission of their financial statements...

Access Bank Zambia in talks to acquire Cavmont

20 Views Access Bank Plc announced on Wednesday that its wholly-owned subsidiary in Zambia, Access Bank Zambia Limited has entered into exclusive discussions with Cavmont Capital Holdings Zambia Plc. The discussion, according to a...

‘Why AIICO Insurance is divesting’

‘Why AIICO Insurance is divesting’

50 ViewsThe divestment of AIICO Insurance Plc from AIICO Pension Managers Limited is not driven by the company’s recapitalisation plans, the Managing Director/CEO, Babatunde Fajemirokun, has said. Fajemirokun, in a statement in Lagos, stated...

NASD to expand capital raising platform

19 Views NASD Plc has said it is expanding its product offerings and services to cater to the new business and capital raising environment. The Chairman, NASD Plc, Olutola Mobolurin, disclosed this in Lagos...