Recapitalization: Access Holdings launches N365 billion rights issue
Access Holdings Plc, the parent company of Access Bank, has officially commenced its anticipated rights issue to recapitalize and meet the Central Bank of...
Nigerian govt approves Eni’s sale of local unit to Oando
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) has granted approvals for the sales of local units of Eni SpA and Equinor ASA, marking significant...
Siemens, PANA in partnership to modernize Nigeria’s power sector
Siemens, a global technology leader, and PANA Infrastructure, a Nigerian conglomerate, have announced a partnership aimed at transforming Nigeria's electric power infrastructure.
The collaboration focuses...
Nigerians to pay more as electricity rate goes up again
Nigerians are to pay more for electricity as distribution companies (DisCos) have announced another increase in tariffs, effective July 1.
This comes just two months...
No Withholding Tax for small businesses, Nigerian govt says
The Nigerian government announced Tuesday that small businesses and farmers will be exempt from Withholding Tax (WHT) under a newly approved reform package.
Withholding Tax...