Business
No TIN, No Withholding Tax Exemption Under New Tax Rules
Small Businesses Get Relief, But Suppliers Without TIN Face Tougher Penalties Firms without a Tax Identification Number (TIN)…
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Business
Read about finance, business news around Nigeria. Know what Ponzi schemes like MMM and the others are up to
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Business
CBN Clears Air on Naira Notes Validity, Dismisses December Deadline Rumors
All Versions of Naira Notes Remain Legal Tender, No Expiry Date The Central Bank of Nigeria…
Business
Record N1.7 Trillion Revenue Shared Among FG, States, LGs in November
Federation Accounts Committee Details Revenue Sources, Allocation The Federation Accounts Allocation Committee (FAAC) has distributed a…
Business
OPay Wins CBN Award for Financial Inclusion Innovation
2024 IFIC honors OPay for advancing financial inclusion in Nigeria Leading Nigerian financial services provider OPay…
Business
CBN Launches Crackdown on Banks Hoarding Cash as Nigerians Endure Persistent Shortages
Spot Checks Begin Nationwide, Customers Advised to Report Cash-Withdrawal Challenges The Central Bank of Nigeria (CBN)…
Business
Top 5 African Countries with the Most Billionaires in 2024
South Africa Leads the Pack, While Nigeria Ranks Third Despite Being Africa’s Largest Economy Africa’s billionaires…
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SIFAX Group Chairman, Dr. Taiwo Afolabi, Donates Fully Equipped Building to Alma Mater
New Facility at Baptist Grammar School, Ibadan, Includes Mini-Conference Room, Home Economics Laboratory, and More The Chairman of…
Business
MultiChoice Writes Off $21 Million Following Heritage Bank’s Liquidation in Nigeria
Losses Highlight Challenges of Doing Business Amid Nigeria’s Economic Volatility MultiChoice Group Limited has written off $21 million…
Business
National Assembly Proposes Gradual Increase in VAT to 15% by 2030, Reduction in Corporate Income Tax
VAT Set to Rise from 7.5% to 10% in 2025, with Further Hikes Through 2029 The National Assembly…
Business
FG Approves Private Airstrip for Canaanland in Ogun State
Winners Chapel Founder David Oyedepo Celebrates New Airstrip Approval The Minister of Aviation and Aerospace Development, Festus Keyamo,…
Business
Former Konga CEO Nick Imudia Dies by Suicide in Lagos
Nick Imudia, the former CEO of Konga, a major e-commerce company in Nigeria, has reportedly died by suicide.…
Business
Peter Obi Urges FG to Compensate Heritage Bank Depositors Promptly
Peter Obi called on the Federal Government, through the Nigeria Deposit Insurance Corporation, to promptly and fully compensate…
Business
CBN Eliminates $7 Billion Forex Backlog, Bolsters Nigerian Economy
The Nigerian Central Bank (CBN) has successfully eliminated the $7 billion foreign exchange (forex) backlog that was pending…
Business
Bitcoin and altcoins face sharp correction
In the past 24 hours, the cryptocurrency market witnessed a 6% drop, bringing its total value down to…
Business
Nigeria’s Money Supply Hits Record High Amid Economic Challenges
Nigeria witnessed an unprecedented surge in its broad money supply, reaching a new peak of N93.72 trillion as…