FirstHoldCo announces FirstBank has met ₦500 billion regulatory capital requirement

-Shareholders commit to future injection of more capital to the Groups’ other subsidiaries First HoldCo Plc (“FirstHoldCo” or “the Group”) has announced that its commercial banking subsidiary, First Bank of…

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Replacing FIRS with NRS will overhaul Nigeria’s revenue administration – Zacch Adedeji

Nigeria Revenue Service says its replacement of the now-defunct Federal Inland Revenue Service will overhaul the architecture of the country’s revenue administration. The executive chairman of NRS, Zacch Adedeji, said…

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Obi raises alarm over Nigeria’s decline as India overtakes Japan as fourthargest economy

The former Labour Party presidential candidate, Mr. Peter Obi, has reacted to the announcement that India has overtaken Japan to become the world’s fourth-largest economy by nominal GDP, using the…

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Dangote Refinery dismisses shutdown claims, maintains 50 million litres PMS daily output

…Reaffirms N699 Gantry Price as Marketers Lift Over 48 million Litres on Sunday …Blasts Fuel Importers for Spreading Falsehoods and Exploiting Nigerians Dangote Petroleum Refinery has categorically rejected a circulating…

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