By standard rules of international taxation, airlines like every other business are subject to corporate taxes on their earnings. However, the multiple taxes slapped on businesses in Nigeria have become a “burden”

The second half of 2024 is expected to see a significant influx of capital, according to a report by Standard Bank. The report predicts $5.1 billion in funding inflows into

Nigeria’s Monetary Policy Committee (MPC) is likely to raise interest rates when it meets next week, following the renewed pressure on the naira and rising inflation. The naira has gone from the

The Nigerian currency, the naira, continued its depreciation on Thursday May 9, 2024 to further slump to N1,459/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. At

The Nigerian currency, the naira, continued its depreciation on Wednesday May 8, 2024 to further slump to N1,421/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. At

American multinational automotive and clean energy company, Tesla has continued its massive layoffs, with its restructuring affecting no fewer than 140,000 employees. Reports indicate that the newest round of layoffs

The Nigerian currency, the naira, rebounded on Monday, May 6, 2024 to trade at N1,354.21/$1 data from the Nigerian Autonomous Foreign Exchange Market (NAFEM) has shown. At the end of

Indigenous oil and gas producer, Oando, has projected that it will double its production to 50,000 barrels per day of oil equivalent with the ‘imminent’ closure of its landmark deal