Associated Discount House Limited (ADH) has announced a Profit before Tax of N766million for 2011 financial year representing an improved performance of 571 percent over the corresponding period of the previous financial year.
A REVIEW of the Capital Gains Tax (CGT) and Stamp Duties (SD) Acts is underway to ensure that the laws are in conformity with global best practices, the Federal Inland Revenue Service (FIRS), said yesterday.
The Central Bank of Nigeria on Wednesday reiterated that it would conduct another round of stress test on Deposit Money Banks in the country before the end of this year.
Okonjo-Iweala, who gave the figure at the 2012 budget presentation organised by the Budget office of the Federation, said that the figure was based on 2.48 million barrels oil production per day.
As banks and their customers continuously seek ways to reap maximum financial benefits from the ongoing ‘cashlite policy’ of the Central Bank of Nigeria (CBN), the banks are considering subjecting all savings accounts customers to the use Automat
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