BUSINESS FEATURES

Zacch Adedeji: The Reformist FIRS Boss’ TaxPro-Max

Daily Dispatch April 30, 2025

By Rabiu Usman A few days ago, the Federal Inland Revenue Service (FIRS) ordered all banks in the country to identify and close any tax and levy collection accounts not authorised under the agency’s TaxPro Max system. The banks are to abide by this directive immediately. Like others before now,

BUSINESS

UK’s Manufacturing Africa and TLG Capital partner to boost investment in Nigeria’s manufacturing sector

Daily Dispatch April 29, 2025

Manufacturing Africa (MA), one of the United Kingdom (UK)’s flagship economic development programmes for Africa has signed a strategic partnership agreement with London-based investment firm TLG Capital to strengthen and improve the eligibility of Nigerian manufacturing companies to raise capital through TLG’s Africa Growth Impact Fund II (AGIF II). In a significant

BUSINESS

Tuggar calls for revitalisation of Nigeria/Brazil trade relations

Daily Dispatch April 29, 2025

Nigeria’s Minister of Foreign Affairs, Ambassador Yusuf Tuggar has called for the revitalization of Nigeria-Brazil trade relations. The Minister who addressed a gathering of high-net-worth investors and business leaders at a Brazil–Nigeria Business Roundtable held in Rio de Janeiro. At the event which was organized under the auspices of ApexBrasil, Brazil’s leading

BUSINESS

C-One to acquire Bankly Microfinance Bank

Daily Dispatch April 28, 2025

…to restore Stability and Accelerate Growth C-One Ventures Platform (C-One) today announced it has entered into an agreement to invest and acquire the licences, technology and select assets of the Nigerian operations of Bankly -a licensedmicrofinance bank and fintech leader known for bridging financial access gaps across Nigeria’s informal economy. The deal which is

BUSINESS NEWS

Supreme Court sets aside N22trn judgement against Union Bank

Daily Dispatch April 28, 2025

The Supreme Court has set aside a Federal High Court judgement in which over N22 trillion was awarded against Union Bank and other parties since 2014.The judgement arose from a suit instituted by a company known as Visana Nigeria Limited which claimed that Union Bank was indebted to it in the sum of approximately $8 […]

BUSINESS NEWS

Sterling Bank Introduces Free Bus Rides for Nigerians

Daily Dispatch April 28, 2025

.…doubles down on its push for Free Bank Transfers After sparking a national movement with its Zero Transfer Fees campaign, Sterling Bank has once again pushed the boundaries of what corporate citizenship can mean to everyday Nigerians. Last week, regular Lagosians stepping out after long workdays were met with an unexpected gift: Sterling OneBank-branded buses […]