Foreigners with business visas are reportedly taking advantage of the Free Trade Zones to evade tax payment for businesses and work done in Nigeria.
Obinwanne Okeke, who was arrested by the FBI, said American prosecutors do not have the jurisdiction to charge him to court because did not commit any fraud in the US.
SEC has started holding talks with individuals who took part in the illegal capital market activities of Dantata Success and Profitable Company for refund.
The Assistant Director of Insurance and Surveillance at the Nigerian Deposit Insurance Corporation (NDIC) John Abiodun, has defended the corporation's bank failure resolution procedures.
Dangote Group has signed an agreement with Automaker, Transit Support Services Limited, for the supply of Shacman trucks.
Nigeria’s Gross Domestic Product (GDP) grew by 2.55% in real terms, in the fourth quarter (Q4) of 2019, up from 2.38%.
About $9 billion has been retained from the average $20 billion being spent in the oil and gas industry yearly due to the implementation of the NOGICD Act.
Femi Otedola, recently visited the Aliko Dangote’s multi-billion-dollar refinery and fertilizer projects in the Lekki Free Trade Zone, has disclosed that the refinery is 75% complete.
The Central Bank of Nigeria (CBN) has restricted the process of cash withdrawal of electronic transfer deposits made into domiciliary accounts
The newly-released Canadian Study approval list revealed that Nigeria ranks eighth in the ratings of countries with the highest number of study. permits approval in 2019
UBA Plc has launched ‘Click Credit’, a time loan designed to address the urgent needs of customers whose salary accounts are domiciled with the bank.
South Africa, which is often touted as one of Africa’s most developed nations, seems to be going through a rough patch economically.
British Airways has stated that its passengers, who experienced diverted flights a few weeks ago, would be compensated.
Central Bank of Nigeria (CBN) has given a stern warning to all banks that they must seek its consent if they must sack more than five staff.
The Central Bank of Nigeria may have announced plans to reduce savings deposit rates to 1% while declaring OMO bills as Poison.
The Ministry of Power has denied the report that the Federal Government intends to hand over the nation’s electricity distribution to Siemens.
The Federal Government seems to have overcome a major stumbling block that has been stalling the progress of Mambila hydropower project.
Zenith Bank Plc announced yesterday that it would pay a final dividend of N2.50 for every 50 kobo shares.
Yesterday, NIHORT announced at its 2-day workshop that Nigeria’s tomato supply gap now stands at 700,000 metric tonnes.
AfDB has offered $10 billion to Federal Roads Maintenance Agency (FERMA) for road and other infrastructure projects in the country.
Zenith Bank recently released its FY 2019 AUDITED report wherein Interest Income declined 6% y/y to N415.6 billion.
Guinness laid issues like port congestion, tax reforms and decline in alcohol pricing have eaten deep into the company's profit, affecting the operations of the company.
Col. Hameed Ali and Ahmed Idris appeared before the Senate Committee on Public Accounts to address the audit query from the Auditor General of the Federation, Anthony Ayine over the unremitted funds.
Nigeria has a new national action plan 5.0 that is aimed at accelerating the actualisation of the country’s ease of doing business target.
Zenith Bank Plc has released its audited full-year financial statement for the period ended December 2019.