THE Dangote Petroleum Refinery said it has exported Premium Motor Spirit, PMS, also known as petrol to Cameroon, Ghana, Angola and South Africa.   Vice President of Oil and Gas, Dangote Industries Limited, Dr. Devakumar Edwin, disclosed this recently when a delegation from the Japanese Business Community in Nigeria, ledContinue Reading

By Rukayat Adeyemi Assetium Capital Management Ltd. (ACML), a licensed commodities broker-dealer, has introduced Assetium Kiddies Commodity Portfolio, an innovative investment product designed to empower and educate young investors. Mr Kunle Awoluyi, Managing Director/Chief Executive Officer (CEO) of ACML, announced this in a statement, on Friday. Awoluyi stated that theContinue Reading

By Rukayat Adeyemi The Lagos State Pension Commission (LASPEC) has begun a three-day sensitisation programme for 7,457 employees across its 20 local governments to facilitate seamless access to their pension benefits upon retirement. Mr Olabode Agoro, Head of Service (HoS) Lagos State, in an opening remark at the sensitisation programmeContinue Reading

By Flowerbud News The Central Bank of Nigeria (CBN) has directed Deposit Money Banks (DMBs) to ensure efficient cash disbursement to the general public over-the-counter and through Automated Teller Machines (ATMs). The directive is contained in a statement jointly signed by CBN’s Acting Director, Currency Operations, Muhammed Olayemi, and ActingContinue Reading

The federal government has commenced N50 electronic levy deductions from transactions of N10,000 and above made by users of financial technology (Fintech) companies, including Opay, Moniepoint, Kuda, and others.   The levy, called Electronic Money Transfer Levy (EMTL), introduced under the Finance Act 2020, places a singular and one-off levyContinue Reading