Ecobank Kenya suffered significant financial losses, amounting to millions of dollars, between 2020 and 2022 due to weaknesses in its...

In August 2024, the Federal Government, state governments, and local government councils in Nigeria received a total of N1.2 trillion...

In a recent crackdown on fuel theft, the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) has sealed several filling...

Foreign companies in Nigeria have significantly outpaced their local counterparts in corporate tax payments, largely benefiting from the naira's devaluation....

The Central Bank of Nigeria (CBN) has issued a directive to payment service providers, instructing them to initiate tracking of...

The Nigerian federal government recorded Value Added Tax (VAT) revenue of N1.56 trillion in the second quarter of 2024, marking...

Nigeria’s groundbreaking issuance of its first-ever foreign-currency domestic bond has achieved significant success, attracting a substantial $900 million in subscriptions....

The Nigeria Deposit Insurance Corporation (NDIC), in collaboration with the Central Bank of Nigeria (CBN) and several major financial institutions,...

Oil marketers in Nigeria may begin importing petrol as discussions between the Nigerian National Petroleum Company Limited (NNPCL) and Dangote...

The Federal Government of Nigeria has announced strict penalties for facilities violating battery control regulations, imposing a fine of N2...