FG to recover N553bn unremitted petroleum shipping tax
The Nigerian government disclosed its plans to recover N553 billion of unpaid taxes from foreign oil shipping companies doing business in the country.…
Business
How subsidy removal affects small businesses – ASBON
The stock market yesterday had its first day of fall in the second half of H1’23, causing investors to lose N672 billion.…
UBA, AfCFTA partner to invest $6bn to finance African SMEs
In accordance with a contract signed between United Bank for Africa Plc and the Secretariat of the Africa Continental Free Trade Area,…
Market vendors to receive VAT exemptions under FIRS-MATAN initiative
PwC’s Fiscal Policy Partner and Africa Tax Leader, Mr. Taiwo Oyedele, has revealed that market vendors participating in the VAT Direct Initiative will…
Cyber insurance drops by 10% – Report
Alex Omenye Cyber insurance dropped by 10% in June compared with 2022, turning a recent sharp rate rise, broker Howden said on…
PwC work halted by $77bn Australian pension fund
The fourth-largest pension fund in Australia, UniSuper has halted new business with PwC Australia on Tuesday, becoming the most recent fund to do…
Investors gain N534bn as stock market opens for Q2 23
Investors won almost N534 billion, on Monday, helping the stocks market on the Nigerian Exchange Limited, start the week off well. According to…
Bolt launches audio trip recording safety feature
Alex Omenye Bolt, the top on-demand mobility platform in Africa, will enable both drivers and passengers to start an audio recording of…
Kano govt to prioritize industrialization, security
The governor of Kano State, Alhaji Abba Kabir Yusuf, has reiterated his administration’s commitment to making industrialization, energy, security, and climate change projects a top…
Amazon, Google, Apple, Meta, Microsoft meet EU over gatekeeper status
Alex Omenye Alphabet’s Google, Amazon, Apple, Meta, and Microsoft have alerted the European Commission that they qualify as gatekeepers, according to EU…
TweetDeck to allow only verified users access
Alex Omenye TweetDeck will soon require users to be verified on Twitter, the social media platform announced in a post on Monday.…
Inflationary pressures hurting business growth – Stanbic IBTC’s PMI
The Stanbic IBTC’s Purchasing Power Index, PMI, data published yesterday, has revealed that the removal of Nigeria’s fuel subsidy may have reduced business confidence…