Excite Enterprise, a fully digital Business Development, and Enterprise solutions provider has made its debut into the Nigerian market with various simplified innovations, designed to lead Micro, Small, and Medium Enterprises (MSMEs) on the pathway to success and sustainability. Excite Enterprise delivers digital solutions geared towards the automation, promotion, and …
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NSE Triggers “Circuit Breaker” As ASI Rise Beyond 5%
The Nigerian Stock Exchange (“NSE” or “The Exchange) has announced that a market-wide circuit breaker kicked in today, Thursday, November 12, 2020, at 12:55p.m, when the NSE All-Share Index (NSE ASI) rose beyond the set threshold of 5%, triggering a 30-minute trading halt of all stocks. This was the first time …
Read More »Kuda Raises $10 Million in Seed Funding
Kuda, a startup out of Nigeria that operates a popular mobile-first challenger bank for consumers has announced that it has raised $10 million — the biggest seed round ever to be raised in Africa. According to a Newsextra24 report, the funding comes on the back of strong demand for the …
Read More »CBN Accuses EndSARS Campaigners Of Terrorism
Apex bank alleges transactions in frozen accounts can cause economic, security harm • Freezing accounts is illegal, Federal Govt behaving like a terrorist, says Aisha Yesufu The Federal Government was able to freeze the accounts of 20 #EndSARS campaigners after telling a Federal High Court in Abuja that the funds …
Read More »CAC De-registers “Enough Is Enough” Business Name
Based on the provisions of Section 579 (2) of the Companies and Allied Matters Act, (CAMA), the Corporate Affairs Commission has cancelled the registration of the Business name “Enough is Enough BN 2210728” with immediate effect. The above section provides amongst others that the Commission has the power to cancel …
Read More »Okonjo-iweala Highlights Six Economic Opportunities For Nigeria, Africa
Former Nigerian Finance Minister, Dr Ngozi Okonjo-Iweala, on Saturday, highlighted six economic opportunities for Nigeria and other African countries as they strive to recover from the negative shocks of the pandemic. She made this known today at the 15th Convocation of Bowen University in Iwo, Osun State. Okonjo-Iweala, who is …
Read More »Tax Expert Calls for More Innovative Ideas in Growing Government’s Tax Revenue
The Group Head of Tax at Nestoil, Stanley Ezekobe says if the Federal Government needs to significantly shore up its tax revenue, then it needs to prioritize transaction-based taxes like Value Added Tax (VAT). Mr. Ezekobe who was speaking at a virtual media roundtable organized by the Nestoil Group said …
Read More »Tambuwal lays foundation for OCP Africa’s maiden $13m Fertilizer Blending plant
Sokoto State governor, Aminu Tambuwal has reiterated that the state is ready to support investments capable of developing the economic wellbeing of the people and uplift them from poverty. Tambuwal said this at the groundbreaking ceremony of OCP Africa’s $13 million Sokoto Agricultural Centre of Excellence comprising a fertilizer blending …
Read More »Sanwo-Olu Meets With Shop Owners And Tenants Of Circle Mall
The Governor of Lagos State, Babajide Sanwo-Olu has addressed shop owners whose goods and shops were damaged following the hijack of the peaceful #EndSARS protests by hoodlums. Mr. Babajide reiterated his desire to help the business owners restore their businesses. Listen to him below as he addressed business owners: https://www.youtube.com/watch?v=uHmvsgki6X8
Read More »My Agenda for Lagos East – Tokunbo Abiru
The residents of the Lagos East Senatorial district are in for a good time as the All Progressives Congress (APC) candidate in the rescheduled Senatorial poll due to the #EndSars protest, Mr. Tokunbo Abiru has promised to bring further development to the zone. In his campaign mantra, he proffered various …
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