Category: Business/Economy

FIRS SIGNS MOU WITH UK’S HM REVENUE AND CUSTOMS FOR COLLABORATION ON CAPACITY BUILDING

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A Memorandum of Understanding between Nigeria’s Federal Inland Revenue Service (FIRS) and the United Kingdom’s His Royal Majesty’s Revenue and Customs (HMRC) was signed yesterday with the aim of fostering improved collaboration on capacity building between the two tax authorities. The two agencies signed the agreement in London, United Kingdom, and was attended by the Executive Chairman, FIRS, Mr. Muhammad Nami accompanied by some members of the FIRS Board and management, and Director at HMRC, Jon Sherman, alongside other members of the HMRC Executive Committee. Mr. Muhammad Nami who led…

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STERLING BANK BEAMS SPOTLIGHT ON CREATIVE INDUSTRY

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Nigeria’s leading financial institution, Sterling Bank Plc, has reiterated its determination to empower and energise the creative industry because of its strategic importance to the economic growth of Nigeria. Head of Media and Entertainment Financing at Sterling Bank, Mr. Olanrewaju Olalusi, disclosed the above at the weekend in Lagos while addressing participants at a seminar organised by the Legends of Nollywood with the theme: “Empowering the Nigerian Film Industry – Actualizing Your Resources.” He said the bank had begun exploring financing of the creative industries in addition to its HEART…

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CBN TO NIGERIANS: OLD N200, N500, N100, REMAINS LEGAL TENDER TILL DEC. 31

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The Central Bank of Nigeria (CBN) on Monday, said it would comply with the Supreme Court ruling insisting that the old N200, N500 and N1000 notes remain legal tender until December 31, 2023. In a statement signed by CBN spokesperson, Isa Abdulmumin,  the bank said: “In compliance with the established tradition of obedience to court orders and sustenance of the Rule of Law Principle that characterized the government of President Muhammadu Buhari, and by extension, the operations of the Central Bank of Nigeria (CBN), as a regulator, Deposit Money Banks…

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ACCESS BANK HONOURED BY NITDA FOR LEADERSHIP IN INFORMATION TECHNOLOGY

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Africa’s largest retail bank, Access Bank Plc., has been accorded a double honour by the National Information Technology Development Agency (NITDA) for its landmark strides and contributions to the development and adoption/promotion of information technology in Nigeria. The Bank was presented the “Award for Outstanding Contributions to the National Information Technology Development Fund (NITDEF)” and a “Certificate for Outstanding Contributions to the Development of Information Technology in Nigeria.” For those who don’t know, Access Bank has been at the forefront of several digital/technological innovations and initiatives that have shaped the…

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FIRSTBANK DEDICATES THE MONTH OF MARCH TO CELEBRATE WOMEN, REINFORCES ITS COMMITMENT TO EMPOWERING WOMEN

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In furtherance of its leading role in promoting the socio-economic inclusion of women in society, First Bank of Nigeria Limited, Nigeria’s premier and leading financial inclusion services provider, has announced its dedication of the month of March to the celebration of women across the world, as it commemorates the globally celebrated International Women’s Day, scheduled for 8 March 2023. Kicking off the series of internal and activities designed to celebrate women is The First Women Network (FWN), Mentoring, Coaching and Sponsorship Pillar Webinar scheduled to hold on Friday, 3 March…

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