Zimbabwe Cracks Down on Businesses not Using Official Exchange Rate for New ZIG Currency
The Zimbabwean government is cracking down on businesses that has refused to use the official exchange rate for its new currency, Zimbabwe Gold...
Shell Nigeria Paid $1.09bn Taxes and Royalties to FG In 2023
Shell Nigeria’s tax contributions to the Nigerian government experienced a $27 million decrease in 2023, as reported in the company’s 2023 Briefing Notes...
FCTA Shuts Down School, Hotel, and Businesses for Evading Taxes
The Federal Capital Territory Administration (FCTA), along with the FCT Internal Revenue Service (FCT-IRS), has closed several establishments in the capital city for...
China’s Imports Surge by 8.4% in April, Exceeding Expectations
China’s customs agency revealed a robust performance in April, with imports exceeding expectations, particularly from the U.S., while exports remained steady, according to...
Customs Intercepts 90 Sacks of Cannabis from Ghana in Ogun State
The Nigeria Customs Service (NCS) at the Ogun 1 Command on Thursday confiscated 90 sacks and 1,309 parcels of cannabis sativa, along with...
Petrol Supply will Improve, Stop Panic Buying – NNPC Promises
Despite ongoing nationwide fuel scarcity, the Nigerian National Petroleum Corporation (NNPC) Limited has once again cautioned motorists against panic buying petrol, known as...
Naira Weakens Against Dollar in Official, Black Markets
The Nigerian currency, Naira, has been trending downward against the US dollar in both official and black market segments. Data from the FMDQ...
Over 200 jobs at risk as Microsoft is set to close its Lagos Innovation Centre
Microsoft may be set to close its African Development Centre (ADC) located in Lagos, raising concerns about the fate of approximately 200 jobs...
17 Arrested in Kano for Running Illegal Bureau de Change
The police in Kano have arrested 17 suspected individuals for their involvement in the unlawful operation of Bureau de Change in the Wapa...
iPhone 17 series: Apple might launch a ‘Slim’ model not ’17 Plus
Amidst the anticipation for the forthcoming iPhone 16 lineup, which is still months away from its official launch, speculations surrounding the iPhone 17...
SEC Plans to Delist Naira from all Crypto P2P Platforms
The Acting Director General of the Securities and Exchange Commission (SEC), Dr Emomotimi Agama, has advocated delisting the Naira from peer-to-peer (P2P) cryptocurrency...
N10bn allocated for Abia airport was used for roads – Ikpeazu
Dr. Okezie Ikpeazu, the former governor of Abia State, has responded to allegations made by his successor, Dr. Alex Otti, regarding the utilisation...