Featured - Westafrica Business News

CBN Orders Banks to Name MD/CEOs’ Successors Six Months Ahead Exit

BY BONNY AMADI The Central Bank of Nigeria (CBN) has mandated all Domestic Systemically Important Banks to disclose successors to their managing...

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Economy

FG Suspends N4trn Indirect annual Levy on Citizens via 4% FOB Tax

BY BONNY AMADI The Nigerian government on Monday said that it has suspended the 4 percent free on board (FOB) tax on...

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Economy

Afreximbank, MDGIF sign $500m MoU to boost Nigerian Gas Infrastructure

BY BONNY AMADI Nigerians and indeed Africa are rightly positioning to reap from the abundance of gas deposits in the country as...

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Banking

N10bn Recoveries: Banking, fintech, PHCN top 9,000 complaints

BY BONNY AMADI Nigeria’s Federal Competition and Consumer Protection Commission (FCCPC) on Thursday released new data showing it received more than 9,000...

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Economy

National Grid Collapse: NLC Blames Nigerian Government

…Power Sector ‘Designed for Perpetual Darkness’ BY BONNY AMADI The Nigeria Labour Congress (NLC) has described the total collapse of the national...

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Economy

Nationwide Fuel Scarcity Averted as NUPENG Suspends Strike

Dangote Refinery Now Agrees to Recognise Union Rights By Bonny Amadi Impending nationwide fuel scarcity across Nigeria may have been averted following...

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Economy

5% Petroleum Products Tax: TUC, others Threaten Strike if implemented

BY BONNY AMADI Nigeria’s new tax levy on purchase of petroleum products which attracts 5 percent tax, has received wide condemnation as...

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Economy

Weak Sentiments Dampen Eurobonds demand, Local Bonds Rally

By Bonny Amadi Nigerian Eurobonds suffered weakened demands in the first week of September ended Thursday as investors’ weak sentiment characterised market...