Business & Economy - Page 18

🟢 Q1: * When will the new Nigeria Tax Act take effect? A1: * The new Nigeria Tax Act takes effect from 1st January 2026. 🟢 Q2: * Which specific individuals does the Nigerian Tax Law apply to? A2: * It applies

Senator Adams Oshiomhole, who represents Edo North, has urged lawmakers to tighten control over financial services that operate outside regular banks. He told his colleagues that many digital platforms are not properly monitored, making them easy targets for cybercriminals. He asked the

In one of its strongest regulatory moves aimed at safeguarding consumers from the surge in electronic fraud, the Central Bank of Nigeria (CBN), has directed banks and other financial institutions to reimburse victims of Authorised Push Payment (APP), fraud within 48 hours

By Dr Alex Otti Being the Text of the 37th Convocation Lecture of the Federal University of Technology Owerri I would like to begin by expressing my profound gratitude to Management of the Federal University of Technology Owerri (FUTO) for the privilege

A prominent industrialist in Aba, Abia’s economic hub, Chief John Udeagbala, says digital capacity remains the core driver of modern commerce, manufacturing and global competitiveness. Udeagbala, a former National President, Nigeria Association of Chambers of Commerce, Industries, Mines and Agriculture (NACCIMA), spoke

The Association of Professional Women Bankers has urged Nigerian youths to uphold financial integrity in their careers and businesses to sustain cultural values. APWB Chairperson, Mrs Rafiat Onitiri, gave the advice during an interview with the News Agency of Nigeria. She spoke

The equities market opened the week in the red on Monday, shedding N197 billion in investor value after what traders called “a sharp reversal”. The News Agency of Nigeria (NAN) reports that the drop erased gains from the previous session. The market

By Grace Alegba The Association of Enterprise Risk Management Professionals (AERMP) has urged government collaboration to ensure immediate adoption of a National Risk Register. In a statement on Monday, AERMP Director-General, Dr Olayinka Odutola, said the register is vital to strengthening Nigeria’s

The National Industrial Court sitting in Abuja has directed the United Bank for Africa (UBA) Plc to pay a total of N1.07 billion to the former Deputy Governor of Kogi State, Simon Achuba, in fulfilment of a longstanding judgment debt owed by

Yinka Olajoyetan, Lagos  Financial services company First Holdco Plc has completed the divestment of merchant bank business FBNQuest Limited, according to an official statement. The financial services group said in a disclosure on the Nigerian Exchange that, in line with Rulebook, it