Business & Economy

Shell Nigeria paid $1.09 billion tax, royalties to FG in 2023- Official

Shell has revealed that it paid the sum of $1.09 billion in corporate taxes and royalties to the Federal Government in 2023, highlighting its...

Ethiopia earns $835 million in nine months from coffee export

An Ethiopian industry institution has revealed that coffee exports have earned the African country over $835 million in revenue over the past nine months.   According...

Explainer: Is CBN’s cybersecurity levy 0.5% or 0.005%?

On May 6, 2024, the Central Bank of Nigeria (CBN) issued a directive for banks and other financial institutions to start deducting a cybersecurity...

Why Nigerian fintech firms are facing regulatory issues – AFN president

President of the Africa Fintech Network (AFN), Dr. Segun Aina, has said that some of the regulatory issues facing fintechs in Nigeria are due...

US to deploy cybercrime advisor in Nigeria to combat fraud scams, sextortion

The United States has announced that it plans to deploy a cybercrime advisor in Nigeria.   The advisor is poised to facilitate cooperation between the two...

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