Nigeria Tax Reform Laws Explained For Diaspora Nigerians
Nigerians in the diaspora have been seeking clarity on the implications of the country’s new tax reform laws. In response, […]
African Business News
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
African Business News
Nigerian Citizenship Applications Rise With 170 Foreigners
A total of 170 foreign nationals have applied for Nigerian citizenship, according to Minister of Interior, Dr. Olubunmi Tunji-Ojo. This
Nigeria Steel Plant Agreement Signed
The Federal Ministry of Steel Development has signed a joint strategic cooperation declaration with Inner Galaxy Group’s Stellar Steel Company
African Business News
FIRS Introduces 10% Tax On Short-Term Securities Interest
The Federal Inland Revenue Service (FIRS) has introduced a 10% withholding tax on interest earned from investments in short-term securities,
Rural Women Empowerment Tops Alternative Bank Agenda
The Alternative Bank has reaffirmed its commitment to fostering an inclusive financial ecosystem that empowers women and strengthens communities. This
African Business News
Amazon invests $5 billion in South Korea AI data centres
Amazon has announced plans to invest over $5 billion in South Korea by 2031, primarily to build artificial intelligence (AI)
African Business News
Nigeria oil production funding sought from Bank of America
The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is seeking to bolster the country’s crude oil production by urging the Bank
African Business News
Oil prices drop amid Russian sanctions and OPEC output hike concerns
Nigeria’s revenue is under threat as oil prices have fallen for the third consecutive day, sparked by doubts over the
African Business News
Stocks surge as Asian markets follow Wall Street gains
Asian stock markets experienced a significant surge on Wednesday, mirroring the record gains seen on Wall Street the previous day.
African Business News
US Fed set to cut interest rates again
The US Federal Reserve is poised to cut interest rates for the second consecutive meeting on Wednesday, with a likely
African Business News
Trump Social Media Platform Adds Event Betting Feature
Truth Social, the social media platform founded by former US President Donald Trump, has announced plans to introduce a betting
EU sanctions cost Italian firms millions over toilet export ban
Italian companies are expected to incur significant financial losses due to the European Union’s ban on selling sanitary ware to