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Tag: Dailytrust
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SEC issues new rules on issuance, allotment of private companies’ securities – Daily Trust
Categories: BusinessContinue Reading: SEC issues new rules on issuance, allotment of private companies’ securities – Daily TrustThe Securities and Exchange Commission (SEC) has exposed new rules on issuance and allotment by private companies securities declaring that any person who issues or allots securities without its prior…
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Ebenezer becomes FirstBank Chairman as Odukale Retires after 12-year Tenure – Daily Trust
Categories: BusinessContinue Reading: Ebenezer becomes FirstBank Chairman as Odukale Retires after 12-year Tenure – Daily TrustThe Board of FirstBank of Nigeria Limited has appointed Ebenezer Olufowose, a Non-Executive Director, as the new Chairman of the Board of Directors of the bank. This follows the successful…
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Presidential committee mulls VAT increase – Daily Trust
Categories: BusinessContinue Reading: Presidential committee mulls VAT increase – Daily TrustSays businesses will not increase prices The Presidential Committee on Fiscal Policy and Tax Reforms has recommended an upward review of the Value Added Tax (VAT) from the present…
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Katsina farmers strategise to beat wet season production challenges – Daily Trust
Categories: AgricultureContinue Reading: Katsina farmers strategise to beat wet season production challenges – Daily TrustAs the wet season farming is about to take off, farmers in Katsina State are adopting varied strategies in order to survive the growing challenges confronting agricultural production across the…
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CBN extends suspension of processing fees payment on cash deposits – Daily Trust
Categories: BusinessContinue Reading: CBN extends suspension of processing fees payment on cash deposits – Daily TrustThe Central Bank of Nigeria (CBN) has extended the suspension of processing fees on deposits within some thresholds. This is according to a statement by Adetona Adedeji, CBN’s acting Director,…
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CBN releases full list of Nigerian Banks – Daily Trust
Categories: BusinessContinue Reading: CBN releases full list of Nigerian Banks – Daily TrustThe Central Bank of Nigeria has published an extensive roster of authorized Deposit Money Banks functioning within the nation. The roster, disclosed on the CBN’s official website on Tuesday, offers…
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USAID, Coca-Cola earmark N5.5bn to tackle plastic waste – Daily Trust
Categories: BusinessContinue Reading: USAID, Coca-Cola earmark N5.5bn to tackle plastic waste – Daily TrustThe United States Agency for International Development (USAID), in collaboration with The Coca-Cola Foundation and TechnoServe Nigeria, has announced the launch of the Nigeria Plastic Solutions Activity (NPSA). In a…
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Firm appoints manager for Nigeria – Daily Trust
Categories: BusinessContinue Reading: Firm appoints manager for Nigeria – Daily TrustHayat Kimya Nigeria Limited, a subsidiary of the global FMCG Hayat, has appointed Motayo Latunji as the new Country Manager for Nigeria. Motayo becomes the first indigenous Nigerian to assume…
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How exchange rate, inflation influenced upward review of deposit insurance to N5m – Daily Trust
Categories: BusinessContinue Reading: How exchange rate, inflation influenced upward review of deposit insurance to N5m – Daily TrustGlobally, the deposit insurance scheme avails the government a regulatory framework in order to intervene and mitigate the potential disruptive effects that a failure of deposit-taking institutions may inflict on…
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Again, NNPC cautions Nigerians against panic buying – Daily Trust
Categories: BusinessContinue Reading: Again, NNPC cautions Nigerians against panic buying – Daily TrustThe Nigerian National Petroleum Company (NNPC) Limited has called on motorists to shun panic buying of Premium Motor Spirit, saying the supply and distribution of the product has improved. A…
