• World
  • Columnist
  • Commodities
  • WORLD BUSINESS & ECONOMY
  • Executive Knowledge Series
  • Finance
  • Manufacturing
  • Markets
  • Risk & Governance
  • Small Business
  • Technology, Media & Innovation
  • Comments
  • Business AM WebTV
  • Login

Businessamlive
  • FRONTPAGE
  • FINANCE
    • AllAsset ManagementAuditBankingBondBudgetCapital MarketsC&I LeasingCurrencyDealDebt marketForexFund RaisingFundingGovernmentHedge FundsInsuranceInvestmentInvestorInvestor ServicesMergers & AcquistionsMoney marketTreasury BillsMortgagePensionsPersonal financePonziQuantitative EasingshareTaxationTSAWealth Management
      Finance

      CBN unveils national domestic card scheme, AfriGo

      January 26, 2023

      Economy

      CBN cash swap programme to promote new naira circulation 

      January 23, 2023

      Finance

      Technology is easing tax payment, collection, ramping up revenues

      January 23, 2023

      Finance

      Africa Finance Corporation closes €150m syndicated loan with DEG, Proparco

      January 19, 2023

  • MARKETS
  • ECONOMY
    • AllAfricaAgricAirportsAmericaAsiaAustraliaBreakthroughDealEuropeForeign InvestmentsforexGlobal marketGovernanceIMFMiddle EastNECANigeriaOutlookRich listSouth AfricaSport BusinessTradeU.KWest AfricaWorld Economic forum
      WORLD BUSINESS & ECONOMY

      Africa’s economic growth to outpace global forecast in 2023/24, says AfDB

      January 23, 2023

      WORLD BUSINESS & ECONOMY

      Ghana’s tactic to stem FX outflow highlights its crisis 

      January 23, 2023

      WORLD BUSINESS & ECONOMY

      UK inflation falls for second consecutive month to hit 10.5%

      January 19, 2023

      Frontpage

      Geoeconomic warfare tops WEF 2023 global risk report

      January 12, 2023

  • COMMODITIES
  • ENERGY
    • AllConferenceElectricityOil and GasPowerRenewable
      Energy

      NUPRC highlights benefits of optimal oil, gas production for revenue generation

      January 27, 2023

      Energy

      IRENA project 52% growth for Nigerian renewable energy in 7 years

      January 23, 2023

      Energy

      Renewables can supply 60% of Nigeria’s energy demand by 2050, IRENA finds

      January 17, 2023

      Energy

      NUPRC sets April deadline for conclusion of oil blocs licensing

      January 17, 2023

  • TECHNOLOGY
  • MANUFACTURING
  • ANALYSIS
    • Analyst Insight

      Earning people’s trust for the future of the web

      January 26, 2023

      Analyst Insight

      Online payments are next big thing in Ecommerce innovation

      January 23, 2023

      Analyst Insight

      Big Biba London: On the critical success factors in fashion marketing (1)

      January 23, 2023

      Analyst Insight

      Tracking methodologies and the data privacy implications

      January 23, 2023

Audit

Home › Finance ›

Trouble looms for Oba Otudeko’s Honeywell Flour Mills as company may end up in AMCON’s beehive

Charles AbuedeApril 30, 2021

Nigeria’s Senate pass bills empowering AMCON to sell debtors’ properties used as collateral   Charles Abuede   More trouble looms ahead as all unfolding events are now a major pointer to what looks like Honeywell Flour Mills might end up in the Asset Management Corporation of Nigeria (AMCON) beehive as the Nigerian Senate has, during […]

Auditor General, ICPC to probe revenue leakages in FIRS, others

Businessam StaffMarch 5, 2020

The office of the auditor general for the federation and the Independent Corrupt Practices and Other Related Offences Commission will jointly audit the revenue generating agencies including the Federal Inland Revenue Service. The move is aimed at identifying areas of revenue leakages with a view to blocking them to enhance revenue generation into the federation […]

Reforms targeted at improving public finance efficiency – Idris

Tola AkinmutimiOctober 16, 2019

By Tola Akinmutimi Ahmed Idris, the accountant-general of the federation,  on Wednesday said that ongoing reforms in the country and other countries globally were being pursued by national governments to improve governance for efficiency and effectiveness. Idris made this remark when he received the Dasuki Arabi, director general of Bureau of Public Service Reform (BPSR)  […]

Buhari exempts firms with N25m turnover from VAT

Businessam StaffOctober 9, 2019

Firms making a turnover of N25 million and below will be exempted from payment of the value added tax (VAT), president Muhammadu Buhari said on Tuesday. He stated this while presenting his N10.33 trillion 2020 budget estimates to the joint sitting of the National Assembly in Abuja. The federal government has raised VAT from five […]

Nigeria identifies 22 foreign exchange earning sectors to replace oil

Businessam StaffJuly 8, 2019

About 22 sectors capable of generating foreign exchange for the federal government in place of crude oil have been identified, Segun Awolowo, the executivedDirector, Nigerian Export Promotion Council (NEPC), has said.   Awolowo disclosed this on Friday while speaking with State House correspondents after a meeting with President Muhammadu Buhari. He did not disclose the 22 identified sectors. He said […]

Nigeria’s capital importations rise by 216%, hits $8.48bn in Q1 

Samson EchenimJuly 3, 2019

By Samson Echenim  Capital importations by Nigerian businesses rose by 216.03 percent in first quarter of 2019 with the total capital import value reaching, $8.48″ billion from $2.1 billion in fourth quarter of 2018, figures from National Bureau of Statistics have shown. In a report released by the National Bureau of Statistics (NBS), this figure […]

FG offers 2, 3-year savings bonds at 11.74%, 12.74% for May

Businessam StaffMay 7, 2019

The federal government has offered for subscription of two-year savings bond at 11.74 per cent and three-year savings bond at 12.74 per cent per annum, the Debt Management Office (DMO) has said. According to the offer circular obtained from the DMO website on Monday, the two-year bond will be due in May 2021, while the […]

Premium Pension records N630bn assets under management, pays N174bn to  pensioners

Jacob AjakaiyeMay 2, 2019

By Jacob Ajakaiye, in Kano Premium Pension Limited, one of Nigeria`s leading pension administrators, has paid the sum of N174 billion to retirees under its pension management since the company was established about 14 years ago. In the same vein, the company has also disclosed that it is paying an average of N68 million monthly […]

Nearly half a million UK firms in ‘significant financial distress’

Businessam StaffApril 29, 2019

New research from British insolvency firm Begbies Traynor revealed that 484,000 U.K. businesses are in “significant financial distress,” which is 14% of all the economically active firms in the country. The “Red Flag Alert” data also showed that the number of firms in “critical” distress, often a precursor to formal insolvency, rose by 17% year-on-year in the […]

Reps to investigate CBN, banks, others over stamp duties non-remittance

Businessam StaffApril 25, 2019

The House of Representatives is to constitute an ad hoc investigative panel over the non-remittance of stamp duty  by the Central Bank of Nigeria (CBN), money deposit banks and other collection agents. The lawmakers alleged the banks and other collection agencies are shortchanging the nation by refusing to remit the duties into the Federation Account […]

  • 1
  • 2

SUPPORT

  • Photo Gallery
  • Help Centre
  • About Us
  • Accessibility

LEGAL & PRIVACY

  • Terms & Conditions
  • Privacy
  • Cookies
  • Copyright

SERVICES

  • Conferences & Events
  • Analysts Research
  • Advertising Rate
  • Ebooks

TOOLS

  • Portfolio
  • Newsletters
  • News feed
  • Currency Converter

SUBSCRIBE

Join us to get latest updates on business related news.

[mc4wp_form id="3076"]
  • CAREERS
  • TERMS & CONDITIONS
  • PRIVACY POLICY
Copyright 2017. All rights reserved. BusinessAMLive. A Businessnewscorp Member Company.
Businessamlive Website Stats