Emefiele Blames US For Nigeria’s Currency Woes
The Governor, Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, has blamed the United States and Nigeria’s over reliance on foreign goods for the unrelenting depreciation in the value of…
FG Will Roll Out Sanctions On Deviant International Airlines
The Federal Government has threatened to impose sanctions against international airline operators that flout the nation’s local immigration regulations. Minister of State for Aviation, Hadi Sirika, warned such companies of…
[BOOM] Nigerian Stocks Jump 4% In Early Trading
The Nigerian Stock Exchange (NSE), All Share Index looks to be rebounding after it gained 4.13% to 23,383.72 in early trading today. This is set up as a dramatic recovery…
Nigeria Signs Double Taxation Treaty With UAE
Nigeria announced it has signed a double taxation treaty on Trade, Finance and Judicial Matters with the United Arab Emirates. The treaty also includes Avoidance of Double Taxation; Trade Promotion…
New Tax: Banks Will Charge N50 For Deposit Into Your Account of N1,000 And Above| What It Means
The Central Bank of Nigeria has instructed commercial banks to start charging N50 for deposits of N1000 and above. According to the directive from CBN, banks will now charge N50…
Portfolio Investments Into Nigeria’s Stock Market Declines By 29% In 2015
Portfolio Investments in the Nigerian Stock Market dropped by 29% or N770 billion according to date from the Stock Exchange. Total portfolio investments in the country was N1.9 trillion during…
Emefiele Tells Senate “No Plans To Confiscate Dollars”
The Central Bank Governor, Godwin Emefiele met with the leadership of the National Assembly in a closed door session on Tuesday. After the meeting the Senate posted the following tweets.…
Finally, SEC Instructs Forte Oil To Issue Bonus Shares Before March 31st 2016
Forte Oil Plc issued a press release on Tuesday that it has been instructed by the Security and Exchange Commission to issue bonus shares to its customers on or before…
Here Are The Top Things Happening In The World Of Business Today
1.China’s economy bounces back:China’s economy bounces back to 6.8% in the fourth quarter from a year earlier.But the reading was the slowest growth since the global financial crisis. 2.France To…
David Bowie: Internet Predictor and Precursor
FindLaw columnist Eric Sinrod writes regularly in this section on legal developments surrounding technology and the Internet. Sadly, we lost David Bowie last week. Most of us remember his songs…