FMBN

Tribunal orders AEDC to pay N5.3bn tax liability for 4 years

The Tax Appeal Tribunal (TAT) sitting in Abuja, on Thursday, ordered the Abuja Electricity Distribution Company (AEDC) Ltd to pay…

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NGX Extends Rally by 0.22% as Infinity Trust Closes as Best-Performing Stock

Infinity Trust Mortgage Bank ended Thursday’s trading session as the best-performing stock on the floor of the Nigerian Exchange (NGX)…

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How NASS leadership ‘hijacked’ 2022 supplementary budget

In December 2022, under Muhammadu Buhari’s Administration, a supplementary budget of N819.5bn was passed by the 9th Assembly to address…

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Pension Funds Break New Ground: N14.83 Billion Allocated for Residential Mortgages

In a groundbreaking development for the pension industry, 1,371 pension funds have successfully secured N14.83 billion for residential mortgages. This…

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Demolition: Kano Gov’t Agrees To Pay Eid Ground Shop Owners N3bn Compensation

The Kano State government has agreed to pay N3 billion in compensation to the Incorporated Trustees of Masallacin Eid Shop…

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It now costs more to live in Calgary than any other major Canadian city

The latest Market Basket Measure (MBM) update by Statistics Canada shows that it costs more to afford basic goods and live a…

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Naira falls to N1260/$ in parallel market

The naira depreciated yesterday to N1,260 per dollar in the parallel market from N1,220 per dollar on Tuesday. Similarly, the…

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Bulldozers Demolish Rivers Assembly Complex Amidst Political Turmoil

Tensions escalated in Rivers State on Wednesday as bulldozers rolled into the state House of Assembly complex, initiating its demolition.…

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NiDCOM and FHA Partner to Offer Diaspora Mortgage Scheme

The Nigerian Ministry of Housing and Urban Development has pledged its support for initiatives by Nigerians in the diaspora to…

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Lagos State Takes Over Land Dispute Between Ibeto and Chukwudozie

The Lagos State Government has officially announced its intention to take over the ongoing land dispute between industrialist Chief Cletus…

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