Tax and business advisory firm, Andersen, has questioned how the Federal Inland Revenue Service (FIRS), arrived at the N1.8 trillion tax bill it slammed on MultiChoice Nigeria, warning that it…
Category: Business
World Bank commends Yahaya Bello for returning $4.63m
The World Bank has hailed Kogi State Governor, Yahaya Bello, for refunding US$4.63million surplus funds under the Nigeria Erosion and Watershed Management project (NEWMAP). The letter of appreciation was signed…
FIRS moves to recover N1.8trn from MultiChoice Group
The Federal Inland Revenue Service (FIRS) on Thursday said it is working with some commercial banks in Nigeria to recover the sum of N1.8 trillion from accounts of MultiChoice Nigeria…
CBN extends Naira 4 dollar incentive for diaspora remittances
The Central Bank of Nigeria (CBN) has announced an extension to its Naira 4 dollar incentive to encourage diaspora remittances till further notice. The apex bank announced the extension on…
Nike sues over ‘Satan Shoes’ with human blood
Nike is suing Brooklyn art collective MSCHF over a controversial pair of “Satan Shoes” that contain a drop of real human blood in the soles. The $1,018 (£740) trainers, which…
CBN GOVERNOR UNDER INVESTIGATION FOR ALLEGED $9.5M MISSING FUND
The Central Bank (CBN) Governor, Mr. Godwin Emefiele has been summoned to appear before the Senate Committee on Public Accounts headed by Senator Matthew Urhoghide on Tuesday. The summon to…
FUEL PRICE SKYROCKETS
Against public outcry, overnment has increased the pump price of petrol to N212.61 a litre, less than two weeks after assuring the nation there would be no hike. Petroleum Products…
Billionaire MacKenzie Scott remarries, tying the knot with a Seattle schoolteacher
Philanthropist MacKenzie Scott, one of the world’s richest people, has re-married after her 2019 divorce from Amazon CEO Jeff Bezos. Seattle teacher Dan Jewett acknowledged his marriage to Scott this…
Dangote Group seeks clean up of fuel importation
Dangote Group has suggested for inclusion in the Petroleum Industry Bill a provision that the licence to import petroleum products should be assigned only to companies with active refining licences.…
Bill Gates shuns bitcoin investment
Despite the buzz about cryptocurrency and talks about its gains, Bill Gates says he has not invested. The Microsoft founder disclosed this in a live chat on Clubhouse. The billionaire…