Senior Nigerian lawyers on Saturday faulted the claim by the Attorney General of the Federation and Minister of Justice, Mr. Abubakar Malami (SAN), that the Value Added Tax (VAT) is

A bit of good news came in for the Dollar-strapped Nigerian economy on Friday with the price of Brent crude rising to three-year high amid supply constraints and a drop

Nigeria’s Minister of Finance, Budget and National Planning, Zainab Ahmed, has directed the Federal Inland Revenue Service (FIRS) to continue the collection of value added tax (VAT) and advised all

The Founder of Rosslyn Group, a Washington-based government relations firm specialising in Africa, Mr. John Rosenberg, has lauded President Muhammadu Buhari’s August 15, 2021 article published in The Financial Times

Central Bank of Nigeria (CBN) Governor, Mr. Godwin Emefiele has called on Nigerians in the diaspora and other foreign investors to take advantage of the opportunities in the country. Emefiele

A surge in gas prices has hit consumers and energy firms in the UK, with knock-on effects for the food industry and supplies of carbon dioxide. Elsewhere in Europe, consumers

China’s central bank said all cryptocurrency-related transactions are illegal and must be banned, sending the strongest signal yet on its determination to crack down on the industry. All cryptocurrencies, including

In complying with the directives of the tax appeal tribunal (TAT), Multichoice Nigeria Limited has deposited an amount required by the law with the Federal Inland Revenue Service (FIRS). Multichoice

The Nigerian National Petroleum Corporation (NNPC) on Wednesday said the global natural gas crisis, which has resulted in rising prices, could push up oil prices by as much as $10

The Executive Board of the International Monetary Fund (IMF) on Tuesday met for an initial briefing from the Ethics Committee on the alleged role of the Fund’s Managing Director, Kristalina

The Bolivarian Republic of Venezuela, has called for economic ties with Nigeria, particularly in the area of oil production. The call was made during a bilateral meeting between the Minister

Chinese President Xi Jinping has said that China would no longer fund the construction of new coal-fired power projects overseas, surprising the world on climate for the second straight year

China Evergrande Group’s main unit said on Wednesday it negotiated a deal with bondholders to settle interest payments on a domestic bond, which helped calm fears of an imminent default

Battery power may be the frontrunner to become the car technology of the future, but don’t rule out the underdog hydrogen. That’s the view of some major automakers, including BMW

Barely two months after raising dividends by almost 40 percent and starting a $2 billion share buyback, Shell has again pledged to give its shareholders and investors an unexpected $7

Former oil merchant, Jonathan Zarembok, has alleged that he was fired by BP Plc because he voiced concerns about bribes being paid in Nigeria to secure local contracts, according to

To create a seamless payment ecosystem for Nigerians, Flutterwave, Africa’s leading payments technology company, has partnered with 9 Payment Service Bank (9PSB) a Nigerian leading digital bank. According to a

Shares of Evergrande on Monday plunged to over 11-year lows, extending losses as executives try to salvage its business prospects and as default fears grow over a looming deadline for