The International Monetary Fund has advised Nigeria and other developing nations to study the revenue potential of personal income tax and, if required, increase it. This was uncovered in a new IMF...
Zenith Bank's N244 billion profit in 2021 driven by a cost of funds reduction Zenith Bank Plc saved significantly more than N14 billion in 2021 due to a reduction in interest expenses to N106.8 bil...
For the financial year ended December 2021, Access Bank Plc declared a final dividend payment of N0.70 kobo per 50 kobo ordinary share to every shareholder. This brings the total payment to N1.00 k...
NNPC Releases Audited Financial Statements for 2020 with Recorded Gains NNPC has consolidated on the remarkable achievement by publishing the Audited Financial Statements (AFS) on its official webs...
FBNQuest Merchant Bank Sells Commercial Paper worth 15 Billion Naira FBNQuest Merchant Bank Limited, a part of FBN Holdings Plc, is offering commercial paper worth N15 billion to investors. FB...
The NGX Group has reported a 22.2% increase in profit after taxes Nigerian Exchange Group (NGX Group) Plc is happy to announce that on Tuesday, March 1, 2022, it disclosed its audited results for...
NGX Group Compensation for 3 Directors comes to N754 million For the year ended December 2021, the Nigerian Exchange Group (NGX), which operates the Nigerian Stock Exchange, paid its three execu...
The IRS disbursed nearly 169 million payments in the third wave of direct stimulus cash, with most American households receiving $1,400 cheques. Some campaigners and lawmakers, on the other hand, ...
Another tax season is here and those who received unemployment benefits in 2021 could be in for a nasty shock. Last year's tax season saw a federal tax break on unemployment benefits due to the eco...
IMF warns CBN that eNaira may lead to new money-laundering and terrorism financing risks The expansion of the eNaira's use to cross-border cash transfers and agency bank networks could result in...