Tag:
raise
Tech
Funding Race: Kenyan Startups Raise $410m, Nigerians Get $400m
In a dramatic reshaping of Africa's startup funding landscape, Nigeria, despite securing over $400 million in 2024, fell behind Kenya in terms of total...
News
Family Faces Crushing Financial Burden as Kidnappers Raise Ransom to N60m
The painful reality of kidnapping continues to haunt Niger State, with the family of a retired civil servant, Mallam Yakubu Dada, and his wife,...
Tech
Telecom Operators Raise Alarm: Sector’s Survival Hangs by a Thread
Nigerian telecom operators have issued a stern warning about the industry’s precarious future, urging the federal government to act decisively before the sector collapses. The...
Business
FCMB Shareholders Approve Massive ₦340bn Capital Raise
Shareholders of FCMB Group Plc have approved a monumental ₦340 billion capital raise during an extraordinary general meeting held on December 19, 2024, in...
News
Sanwo-Olu Urges Lagos Landlords: Do Not Raise Rents
In a passionate appeal to landlords and landowners, Lagos State Governor Babajide Sanwo-Olu urged them to refrain from increasing house rents and shop rents...
News
Tax Reforms Will Fix Economy, Not Raise Revenue – Oyedele
Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, has debunked claims that the new tax reform bills are designed to...
Business
Edun Confirms Plans To Raise VAT on Luxury Goods to 15%
The Federal Government of Nigeria is planning to raise the Value Added Tax (VAT) to 15% specifically on luxury goods. This announcement was made by...
News
FG Okays Salary Raise for Civil Servants
The Federal Government of Nigeria has announced an increase in the consolidated public service salary structure (CONPSS). Ekpo Nta, the chair of the National Salaries,...