The Federal Inland Revenue Service (FIRS) says stamp duty and capital gains tax are not collected adequately. Muhammad Nami, FIRS executive chairman, said this at the opening ceremony of the
Business
Women in Management, Business and Public Service (WIMBIZ), a non-governmental organisation, has confirmed Ngozi Okonjo-Iweala, director-general of the World Trade Organisation (WTO) and Atedo Peterside, founder, Stanbic IBTC Bank Plc,
The house of representatives has summoned Hameed Ali, comptroller-general of customs over delay in the commencement of the e-Customs project. The lawmakers also summoned Godwin Emefiele, governor of the Central
The Nigerian naira has dropped by 2 percent to N422 per dollar, hitting an all-time low at the Nigerian autonomous foreign exchange (NAFEX) rate — the default FX reference for
President Muhammadu Buhari has asked insurance firms to honour the claims of their customers promptly. Buhari spoke on Thursday in
Nigeria has retained its spot as the third most attractive country in Africa for foreign investment in 2021. This is
Sparkle, a Nigerian digital bank, has raised a $3.1 million seed round from a group of investors in the country.
A house of representatives panel has threatened to exclude six banks from collecting customs duties for the federal government over
In 2016, three university students discussed the idea of a fintech. They built together and ran pilots in school, getting
The Central Bank of Nigeria (CBN) has directed commercial banks to adopt the exchange rate in the importer and exporter
