Binance: Crypto Platforms Implement 7.5% VAT on Transactions
Cryptocurrency firms operating in the country have started implementing a 7.5 percent Value Added Tax on all transactions on their…
Nigerians Spent an Alarming ₦16 Trillion on Generators and Fuel in 2023 – Power Minister Adelabu
Nigeria’s Minister of Power, Adebayo Adelabu, revealed that Nigerians spent a staggering N16.5 trillion on diesel, petrol, generators, and related…
Africa’s richest man Aliko Dangote says Dangote Cement contributed more in taxes in 2023 than Nigeria’s banking sector.
Aliko Dangote, president of the Dangote Group, has warned that the Central Bank of Nigeria’s (CBN) recent interest rate hike…
ShopRite Mall Closes Operation In Abuja, Cites Financial Condition, Business Climate
Retail Supermarkets Nigeria Limited, owners of Novare Wuse Central Mall, known as ShopRite in Abuja, has announced plans to close…
Apple Overtakes Microsoft As World’s Most Valuable Company
Apple has reclaimed its position as the world’s largest public company, overtaking Microsoft, which had held the title since January.…
MultiChoice has just recorded the worst financial performance in the company’s history.
MultiChoice’s financial statements for the year ending 31 March 2024 reveal a significant downturn, with the company recording a R4.1…
Electricity Tariff Hike Leads to Shutdown of Over 300 Companies, 380,000 Job Losses — MAN
The Manufacturers Association of Nigeria (MAN) has raised alarm over the severe consequences of the recent hike in electricity tariffs,…
Local refining may crash petrol price to N300/litre – Modular refineries
The pump price of Premium Motor Spirit, popularly called petrol, should drop to about N300/litre upon the commencement of massive…
MultiChoice Nigeria Rejects Tribunal’s N150 Million Fine and Free Subscription Order, Plans Appeal
MultiChoice Nigeria plans to appeal Friday’s ruling by the Competition and Consumer Protection Tribunal in Abuja, which fined the company…
Foreign Footwear Giant To Set Up Factory In Abia
Comfort Stevens Industries, a collaboration between US, Chinese, and Brazilian companies, has announced plans to establish a footwear factory in…