The Chartered Institute of Bankers of Nigeria (CIBN) has urged the federal government to reconsider the imposition of a 70 percent windfall tax on banks’ foreign...
The Corporate Affairs Commission (CAC) says it will delete names of companies that have not filed their annual reports in 10 years from its register. In...
The national assembly has increased the windfall tax on banks’ foreign exchange (FX) gains to 70 percent — from the proposed 50 percent — in the...
The exchange rate for import duties collection by the Nigeria Customs Service (NCS) has declined from N1,584/$ on the 22nd of July to N1,541/$ today representing...
The video-streaming platform, Netflix has increased its subscription prices in Nigeria by at least 40%. This is the second time in three months that the American...
The house of representatives has again directed the Nigerian Electricity Regulatory Commission (NERC) to revert to the old electricity tariff for Band A. The resolution was...
The senate has passed a bill seeking to impose a one-time windfall tax on banks for foreign exchange (forex) gains. The bill was passed by the...
Aliko Dangote, the chairman of Dangote Industries Limited, has been invited by President Brice Oligui Nguema of Gabon to invest in cement and fertiliser production in...
Mercury Bank has announced the addition of Nigeria to a list of countries prohibited from its banking services. This decision aligns Nigeria with other countries on...
Aliko Dangote, Africa’s richest man, says he is willing to sell his oil refinery to the Nigerian National Petroleum Company (NNPC) Limited. Aliko spoke in an...