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Business

Home Business Page 31
According to RMAFC, the current revenue sharing formula is 33 years old.
Posted inBusiness

According to RMAFC, the current revenue sharing formula is 33 years old.

The current law is more than 33 years old and out of date, according to Dr. Mohammed Bello Shehu, Chairman of the Revenue Mobilization Allocation and Fiscal Commission (RMAFC), who…
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Posted by Taiwo Ayomide October 16, 2025
Despite ticket sales, foreign airlines are increasingly violating consumer rights.
Posted inBusiness

Despite ticket sales, foreign airlines are increasingly violating consumer rights.

The nation's civil aviation authority has threatened fire and brimstone and promised to impose suitable sanctions due to ongoing consumer-related violations by international airlines operating into the country. According to…
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Posted by Taiwo Ayomide October 16, 2025
Equity, Not Foreign Imitation, Should Be the Foundation of Africa’s Energy Future
Posted inBusiness

Equity, Not Foreign Imitation, Should Be the Foundation of Africa’s Energy Future

According to Prof. Omowumi Iledare, an Emeritus Professor of Petroleum Economics, Africa's energy destiny must be characterized by equality, prosperity, and pragmatism rather than imitation. Speaking at the Nigerian Association…
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Posted by Taiwo Ayomide October 16, 2025
Advocate for Corporate Governance, Directors’ Institute Fellows with Charges
Posted inBusiness

Advocate for Corporate Governance, Directors’ Institute Fellows with Charges

The Chartered Institute of Directors (CIoD) Nigeria has charged its newly inducted Fellows to uphold the highest standards of ethics, integrity, and corporate governance in their professional and personal conduct.…
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Posted by Taiwo Ayomide October 15, 2025
Zenith Bank: Our Recapitalization Exercise Achieved 160% Subscription
Posted inBusiness

Zenith Bank: Our Recapitalization Exercise Achieved 160% Subscription

Zenith Bank PLC praised the Nigerian Exchange's X-stream electronic trading platform yesterday, claiming it was crucial to the success of its recapitalization effort, which had a 160% membership rate. When…
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Posted by Taiwo Ayomide October 15, 2025
Shell Invests Another $2 Billion in Nigeria’s Gas Development Following the $5 Billion Bonga Project
Posted inBusiness

Shell Invests Another $2 Billion in Nigeria’s Gas Development Following the $5 Billion Bonga Project

Sunlink Energies and Resources Limited and Shell Nigeria Exploration and Production Company Limited (SNEPCo), a division of Shell plc, have reached a final investment decision (FID) for the HI gas…
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Posted by Taiwo Ayomide October 15, 2025
FCCPC Supports 48-Hour Refunds for ATM Transaction Failures
Posted inBusiness

FCCPC Supports 48-Hour Refunds for ATM Transaction Failures

The Central Bank of Nigeria's (CBN) proposed order, which requires banks to reimburse clients for unsuccessful automated teller machine transactions within 48 hours, has the support of the Federal Competition…
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Posted by Taiwo Ayomide October 14, 2025
At the 2025 BAFI Awards, OPay wins three Laurels.
Posted inBusiness

At the 2025 BAFI Awards, OPay wins three Laurels.

The largest financial technology business in Nigeria, OPay, has reaffirmed its leadership and innovation in the market by becoming the only fintech to win three major categories at the 2025…
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Posted by Taiwo Ayomide October 14, 2025
Mile 2-Semester Border: FG Only Allows Two Checkpoints
Posted inBusiness

Mile 2-Semester Border: FG Only Allows Two Checkpoints

The Nigeria Customs Service (NCS) has declared that just two checkpoints on the Mile 2-Seme border access route have received approval from the Federal Government. This action aims to ensure…
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Posted by Taiwo Ayomide October 14, 2025
National Essay Prizes Are Increased to N22.5 Million by the UBA Foundation
Posted inBusiness

National Essay Prizes Are Increased to N22.5 Million by the UBA Foundation

For the 2025 edition of the annual National Essay Competition (NEC), the UBA Foundation has raised the cash award to N22.5 million for the winners. The winners' educational grants to…
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Posted by Taiwo Ayomide October 14, 2025

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