Legal Implications of Non-Compliance with Annual Tax Returns in Lagos State
The Director of Legal Services at the Lagos State Internal Revenue Service, Mr. Seyi Alade, recently discussed the legal implications […]
African Business News
Stay updated with the latest African business news, including market trends, economic updates, and insights into industries across the continent.
CBN adjusts forex sales to BCDs operators
March 25, 2024 The Central Bank of Nigeria (CBN) has announced a revised policy for the sale of foreign exchange (FX) to
African Business News
Nigeria Approves 2% Youth Quota & Revamped Youth Investment Fund
The Federal Executive Council, under the leadership of President Bola Tinubu, has taken significant steps to empower the youth population
African Business News
Naira Appreciates Against USD: Exchange Rate Hits N1,360 – N1,408.04
The Nigerian naira’s value against the US dollar saw a significant increase on Monday, with rates ranging between N1,360 and
CBN Resumes Sale of $10,000 to BDCs at N1,251/$1 Rate
The Central Bank of Nigeria has recently announced a significant development in the foreign exchange market, issuing a circular to
Nigeria Airfares Surge by 18.03% in February 2024: NBS Report
Air travel costs in Nigeria have seen a significant increase, with the average airfare for specified routes rising by 18.03%
City Commuters Experience 46.98% Increase in Average Fare; Intercity Bus Journeys Up 75.48%
The latest Transport Fare Watch report from the National Bureau of Statistics reveals a significant increase in the average fare
Dollar crash: Pressure mounts on FX hoarders to sell off
March 24, 2024 The pressure on individuals, banks and Bureaux de Change (BDC) operators to offload their excess dollars and other foreign
Nigerian tax laws allegedly violated by Binance
March 25, 2024 The Federal Inland Revenue Service (FIRS) has filed criminal charges against Binance, a renowned cryptocurrency exchange platform. The lawsuit,
Binance Employee Escapes Custody in Nigeria Amid Tax Evasion Allegations
Binance, a leading cryptocurrency platform, is facing a major crisis as one of its key employees, Nadeem Anjarwalla, has reportedly
Cooking Gas Prices Surge: 12.5kg Cylinder Up 46.88% Year-on-Year
The cost of cooking gas has skyrocketed, with a 46.88% increase in the price of a 12.5kg cylinder of Liquified
Nigerian Government vs Binance: Exec Escapes Custody Amid Tax Evasion Charges
In a dramatic turn of events, Nadeem Anjarwalla, a top executive at the cryptocurrency platform Binance, has reportedly escaped from