Business

Banks’ income tax soars by 35% to N75bn in H1’22 Major banks in Nigeria paid N75.4 billion as Company Income Tax (CIT) in the first half of the year, (H1’22),...

Prudential Zenith Life Insurance Hits 75% Growth in Profit after Tax Prudential Zenith Life Insurance Limited (“PZL”) has announced its audited financial results for the year ended 31st December 2021, recording...

FirstBank: The Embodiment of Corporate Responsibility and Sustainability Who should corporate responsibility and sustainability lessons be taken from? Some companies are still unclear about the concept but latching onto the...

Wema Bank Boss Ranks Among Top 3 Most Prominent, Visible Bank CEOs In August - Report THECONSCIENCEng reports that Managing Director/Chief Executive Officer of Wema Bank Plc, Mr. Ademola Adebise, has emerged...

  PHOTO NEWS: Wema Bank Holds "5 for 5 Promo Draw Left to Right: Chief Financial Officer, Wema Bank Plc, Mr. Tunde Mabawonku, Regional Manager, South-South & South-East Region, Mr....

Discos rue N543bn revenue loss in 12 months The Nigerian Electricity Regulatory Commission has released latest report which shows that total billing to electricity consumers by the 11 distribution companies stands...

Microsoft appoints Nigerian ICT expert as ATO director The global tech giant, Microsoft has appointed Nigerian information and communication technology (ICT) genius, Kunle Awosika as the managing director of the Africa...

Stock market: Investors rake in N4.6trn in 8 months Investors in Nigeria’s stock market have gained over N4.58 trillion in the first 8 months of this year. However, on monthly performance,...

NCC fixes $0.10 for international calls termination The Nigerian Communications Commission (NCC) has set $0.10 as the new fixed International Termination Rate (ITR) for voice services paid by overseas telecom providers...

Dangote set to cut sugar import by 40% The management of Dangote Sugar Refinery Plc has said it has started plans to reduce the importation of sugar into the country by...