Many states in Nigeria may not be able to meet their financial commitments as the federal government could lose revenue from taxes amidst dwindling revenue in recent times with a court ruling assigning the coll...
The Central Bank of Nigeria (CBN) has said it will no longer sell Foreign Exchange (Forex) to Bureau De Change (BDC) operators. Instead, the regulator said it will sell more dollars and other foreign currencies...
Jiji, a Nigerian based online marketplace that provides buyers and sellers with an avenue to meet and exchange goods and services in Africa, has announced the acquisition of cars45, a transactional car marketpl...
On Friday June 5, 2021, through the Ministry of Information and Culture, the Nigerian government announced its decision to suspend the operations of social media platform Twitter in the country indefinitely. Th...
According to the Consumer Price Index Report released by National Bureau Statistics, Nigeria’s inflation rate for the month of March 2021 rose to an all-time high of 18.17% from 17.33% recorded in February. Thi...
Businesses that want to expand into Africa have one problem: the ability to receive online card payments using bank cards in places like Nigeria. For this reason the Flutterwave x Worldpay partnership will be a...
Tech-Giants Microsoft, in its latest expansion move, has acquired Naunce Communications (renowned speech recognition software developers), for a whooping deal of $16 billion. In a big announcement on Mon...
The finance act is a fiscal legislation that helps to itemize and provide guidance on some of the tax laws/regulation rates, percentage and levies that guides the business environment for the year. After over t...
On the 7th of January, 2021 it was announced that Telsa and SpaceX entrepreneur, Elon Musk had overtaken Jeff Bezos to become the richest man in the World. Elon Musk’s net worth had crossed $185bn followi...