BUSINESS
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FIRS to Commence VAT Charges on Online Transactions by January 2020 —Fowler
The Federal Inland Revenue Service (FIRS) has said that it would start charging Value Added Tax on online transactions, both…
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NNPC records 77% rise in pipeline vandalism across the country
Nigeria’s oil production may have suffered another setback in June 2019 as the Nigerian National Petroleum Corporation (NNPC) posted 77%…
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Increased Border Security poses Huge Challenge as Farmers Count Losses in Ogun
It is now getting increasingly difficult for farmers and traders in Ogun State to make profits as the Nigeria Customs Service (NCS)…
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Irish firm hints seizing Nigeria’s assets worth $9.6bn
An Irish firm, which won a world record $9.6bn arbitration fine against the Federal Government, has instructed its lawyers to…
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Power Generation Falls to 2,854.3MW
The electricity generation companies (Gencos) at the weekend produced “lowest generation of 2,854.3MW.” The System Operation of the Transmission Company…
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World Bank to Spend $62 million on Projects in Nigeria
The World Bank, in collaboration with Adamawa State government, says plans have been concluded to disburse 62 million dollars on…
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CBN Injects $297.92 into Secondary Market
The Central Bank of Nigeria (CBN), has injected 297.92 million dollars into the retail Secondary Market Intervention Sales (SMIS).
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Quickteller Picks Winners to Attend Interswitch One Africa Music Fest in London.
Quickteller, a leading digital consumer payments platform in Nigeria, is set to take another set of winners on an all-expense-paid…
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FBI clampdown: US firm, Dynamics Intelligence, Shuts down Operation in Nigeria
The Founder and Chairman of Dynamics Intelligence, Jenna Bourgeois has shut down the company’s operations in Nigeria over mistrust and extortion by her Nigerian employees.
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CBN Issues New Lending Limit Directive to MFBs, DMBs
The financial institutions in Nigeria have been informed to reduce their exposure to risk as regards lending to the public.…
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