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Amazon, AliExpress, Twitter, Zoom To Pay Tax On Profit Or Income Made In Nigeria
The federal government says non-resident companies (NRC) are mandated to remit 6% of turnover from digital services…
AI Capital, Google, Others Back InstaDeep’s 9-Figure Series B
A recent survey carried out by CNBC reported that 81% of executives worldwide say AI will play a notable role in…
Eiffel Partners With Finergreen For African Renewable Energy Deals
A new initiative will soon be launched in Africa to increase financing for renewable energy. It is a mechanism that…
Manufacturers Association Urges CBN To Extend e-Invoice Implementation
The Manufacturers Association of Nigeria has urged the Central Bank of Nigeria (CBN) to extend the implementation…
Goodwell Leads Returning And New Investors For Copia’s Series C
Goodwell Investments has led a $50m Series C equity round in Copia Global, a B2C e-commerce platform with a…
Binance Restricts 281 Nigerian Crypto Accounts To prevent fraud
One of the largest cryptocurrency exchanges platform in the world Binance, restricts the accounts of 281 Nigerian…
Ghana Secured $7.33 Billion From Oil Production Since 2011
Ghana secured $7.33 billion dollars in revenue since it started commercial oil production in 2011.
From the…
Airtel Africa Top Nigeria Stock Exchange Capitalised Company
Airtel Africa, a multinational telecommunications company, has surpassed Dangote Cement to become the most…
FG’s Marginal Oil-Field Awards: 33 Successful Bidders Lose
Govt rakes in N174bn as other awardees make full, part payments
A total of 128 awardees that emerged as…
FEC Receives NNPC 2022 Petrol Subsidy Bill
The federal executive council (FEC) says it has received a bill of N3 trillion from the Nigerian National Petroleum…
Vantage provides mezzanine funding for real estate development
The mezzanine fund manager announced today that it has arranged R430 million of mezzanine funding for the…
Reps Ask CBN To Suspend E-Invoice Policy Implementation
The house of representatives has asked the CBN to suspend the implementation of the recently launched electronic…
WACOT to complete rice mill expansion project in 15 months
WACOT Rice Nigeria Ltd has disclosed its ongoing expansion to double its 120,000-tonne rice mill in Kebbi State…
How To Report Financial Institution -CBN
The Central Bank of Nigeria(CBN) has issued a guide on how aggrieved customers can complain about financial…
AutoStore and Ocado ‘robot war’ spills into Germany
Norwegian warehouse robot maker AutoStore sparred on Friday over legal proceedings in Germany in their latest…
China issues draft rules for fakes in cyberspace
China's cyberspace regulator issued draft rules for content providers that alter facial and voice data.
This…
CBN Urges Cement Manufactures To Slash Prices
The Central Bank of Nigeria has appealed to cement manufacturers to consider reducing the high cost of cement.…
Europe kept waiting as Intel commits to new U.S. chip factories
Intel still intends to develop the European chip manufacturing capacity with two new U.S. semiconductor plants.…
No Dollar Spent On Cement Import In Seven Years —CBN Governor Emefiele
The CBN Governor Mr Godwin Emefiele has said Nigeria has not spent dollars to import cement in the last seven…
Champion Breweries files shares take-over offer by Raysun Nigeria Limited
Champion Breweries has filed a notice of take-over offer by Raysun Nigeria Limited for over 1 billion units of the…
Federal Government Inaugurate Nigerian Postal Service Debit Card
The Federal Government has inaugurated the Nigerian Postal Service debit card, an agency banking platform, and 27…
Nigeria: FIRS Achieved It’s Target For 2021
The Federal Inland Revenue Service (FIRS) has announced that it achieved a 100% revenue target for 2021 despite…
Nigeria Stock Market Capitalization Decreases By N280.62 Billion
The NGX closed on a negative note amidst sell-offs and buy-interests as the benchmark All-Share Index (ASI)…
Unilever Nigeria Generated N52.21 Billion Revenue In 12-Months Ended December 2021
Unilever Nigeria Plc reported its Q4 12-months unaudited Annual Financial Statement, revealing a 35.07% growth in…
Pay us $3.4bn Fine – Niger Delta Artisan Fishermen Association of Nigeria…
The Artisan Fishermen Association of Nigeria, Niger Delta chapter, have urged the Shell Petroleum Company to…
Credit Suisse issues fourth-quarter profit warning as legal costs rise
Credit Suisse announced that its fourth-quarter earnings are set to be negatively impacted by increased litigation…
BUA Chairman, Abdul Samad Rabiu Now Africa’s Fifth Richest Man, Second In Nigeria…
Forbes has listed BUA chairman Abdul Samad Rabiu as the fifth African richest man and second richest man in…
Nigeria’s Credit Risk Spikes As FG Extend Fuel Subsidy Policy
The Federal Government’s decision to extend the implementation of the fuel subsidy removal policy has affected the…
NNPC Advice Against Panic Buying Of Petrol
The Nigerian National Petroleum Corporation Group has urged Nigerians to disregard rumours of petrol shortages and…
IMF Advice Nigeria To Prepare For Financial Turbulence
The International Monetary Fund has advised Nigeria and other developing economies with large foreign currency…