Babatunde Fowler, executive chairman of the Federal Inland Revenue Service (FIRS), says 6,772 corporate bank accounts will be frozen for defaulting on tax payments. In a statement released on Sunday,
Business
The Nigerian National Petroleum Corporation (NNPC) says it did not hide funds meant for the treasury single account (TSA) in any commercial bank. In a statement on Friday, the corporation
The Central Bank of Nigeria has withdrawn the operating licence of Skye Bank. Umaru Ibrahim, chairman of the Nigeria Deposit Insurance Corporation (NDIC), made this known to journalists on Friday.
The Nigeria Police Force says it has recovered N8 billion and $470.5 million belonging to the Nigerian National Petroleum Corporation’s Brass Liquefied Natural Gas hidden in some commercial banks. In
The Central Bank of Nigeria (CBN) recently called out MTN, Nigeria’s largest telecommunications company, over repatriation of dividends, asking the telco to refund
The investment profile report by the Nigeria Investment Promotion Commission (NIPC) shows that Rivers state received the largest investment in
The Airline Operators of Nigeria (AON) has commended the federal government for taking the step to suspend the national carrier
Peter Njonjo, president of Coca-Cola West Africa, says the company is looking to complete the acquisition of Chi Limited by
The Central Bank of Nigeria (CBN) says it is reviewing the recent sanctions placed on MTN and four commercial banks.
Uduak Nelson, president of the Institute of Internal Auditors (IIA), says governance problems killed old Nigerian companies. Speaking at a
