In a bid to tackle tax evasion among wealthy citizens, Nigeria is gearing up for a fresh approach with a new tax amnesty scheme set to…
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Africa’s Biggest Television Broadcaster MultiChoice Group has agreed to pay Nigeria the total of N35.4 billion tax settlement after its subsidiaries reached a compromise with the…
The Nigerian National Petroleum Company Limited (NNPCL) has said it has no plans to increase the price of Premium Motor Spirit (PMS), popularly known as fuel.…
The Central Bank of Nigeria (CBN) has disclosed its plan to introduce a new FCY Gateway bank with a single foreign currency to ease the country’s…
The electronic payment transactions made in Africa’s largest economy, Nigeria, rose to N600 Trillion in 2023, a Nigeria Inter-Bank Settlement System (NIBSS) data has shown. The…
A multinational firm in Hong Kong, China was tricked of around N25.5 billion ($26 million) after scammers impersonated some senior staff with an AI video, Police…
The founder of Amazon, Jeff Bezos, is set to sell up to 50 million shares of the online retail and cloud services giant over the next…
The Central Bank of Nigeria (CBN) is discontinuing the daily debits for Cash Reserve Requirement (CRR) and adopting an updated mechanism, marking a significant move amid…
Meta platforms have achieved an unprecedented milestone, recording the largest single-day gain in stock market value in Wall Street history. The parent company of Facebook added…
The Bureau De Change (BDC) operators in Nigeria’s Federal Capital Territory (FCT) Abuja have announced a shutdown of operations due to the scarcity of US dollars.…