Asian Markets Fall Amid US-China Tariffs

A Investor (not shown) looks at screens showing stock market movements at a securities company in Beijing on August 26, 2019.  WANG Zhao / AFP   Most Asian markets fell on Monday as fresh Chinese and US tariffs on goods…

Loans account for 80% of LAPO’s balance sheet — Ehigiamusoe

LAPO Microfinance Bank said that 80 percent of its total assets are loans granted to customers to grow their businesses. Continue reading Loans account for 80% of LAPO’s balance sheet — Ehigiamusoe at Vanguard News.

25 subscribers take home N1.2million in StarTimes Kiddies Promo

25 lucky subscribers have been rewarded with a total of N1, 250,000 in the ongoing StarTimes kids billed to last till August 31. Continue reading 25 subscribers take home N1.2million in StarTimes Kiddies Promo at Vanguard News.

Japan PM Warns Africa About Debt As China Grows Presence

Japan’s Prime Minister Shinzo Abe delivers a speech during the opening session of the Tokyo International Conference on African Development (TICAD) in Yokohama on August 28, 2019.  TOSHIFUMI KITAMURA / AFP   Japan’s prime minister on Thursday warned African leaders…

Italian Oil Major Makes Huge Gas Discovery In Nigeria

Italian oil major, Eni, said on Wednesday that its Nigerian subsidiary Agip has found lots of gas and oil in an onshore facility in the Niger Delta. Eni-operated Nigerian Agip Oil Company (NAOC) made the discovery in the Obiafu-Obrikom fields….

Nigeria’s VAT Revenue Increases In 2019 Second Quarter

  The Nigerian Government has generated the sum of N311.94 billion from Value Added Tax (VAT) in the second quarter of 2019. The National Bureau of Statistics (NBS) disclosed this in a report titled ‘Sectoral Distribution Of Value Added Tax…

VAT rises by 17% to N312 bn in Q2’19

The revenue generated from Value Added Tax (VAT) in the second quarter of 2019 (Q2’19) rose by 17 percent to N312 billion from N269.79 billion in the corresponding period of 2018. Continue reading VAT rises by 17% to N312 bn…

China’s Yuan Sinks To Weakest In 11 Years Amid Trade Tension

FILES) This file photo taken on August 8, 2018 shows bundles of 100 yuan (14.6 USD) notes at a bank in Shanghai.  Johannes EISELE / AFP   China’s currency slid on Monday to its weakest point in more than 11…

US-China Trade Talks ‘To Start Very Shortly’ – Trump

(FILE) US President Donald Trump speaks to the press on the South Lawn of the White House before departing in Washington, DC on August 9, 2019. Nicholas Kamm / AFP     President Donald Trump said Monday that US and…

FIRS/Presidency Exchange: Understanding the Issues

Last Sunday, social and online news platforms erupted in feverish debates over a letter written by Mr. Abba Kyari, President Muhammadu Buhari’s Chief of Staff, to Mr. Tunde Fowler, Chairman of the Federal Inland Revenue Service (FIRS). Continue reading FIRS/Presidency…

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