Business

FIRS Collects N20.62trn Tax Revenue In Eight Months

The Federal Inland Revenue Service (FIRS) says it collected N20.62 trillion in tax revenue between January and August 2025.   Zacch Adedeji, FIRS chairman, announced this...

14 Banks Fully Met New Capital Requirements —CBN

Governor of the Central Bank of Nigeria, CBN, Yemi Cardoso, said yesterday that 14 Nigerian banks have fully met the new capital requirement in...

Shoprite Vows To Stay In Nigeria Despite Empty Shelves, Closures

Retail Supermarkets Nigeria Limited (RSNL), operators of the Shoprite franchise in Nigeria, has denied reports suggesting that it is shutting down operations in the...

Elon Musk Buys $1 Billion In Tesla Shares

CEO Elon Musk bought about $1 billion worth of shares in Tesla, according to a regulatory filing, sending the share price up six percent...

FG Removes 5% Telecom Tax On Voice, Data Services

The Federal Government has scrapped the 5% excise duty tax previously imposed on telecommunications services, including voice calls and data usage. The National Orientation Agency...

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