The Federal Inland Revenue Service (FIRS) under Zacch Adedeji has experienced a massive transformation with an innovative approach with a human face.
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CBN recapitalisation: Two national banks enter secret merger talks to beat the deadline
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Dollar appreciates as naira dips to N1,457 amid decline in FX inflows
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How the National Single Window transforms Nigerian commerce
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CBN adjusts customs exchange rate as Naira soars with N12 gain in just three days
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In whirlwind tour, Qatari royal commits $70bn to southern Africa
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OpenAI releases Sora AI video generator to public
OpenAI on Monday released the latest version of its highly anticipated Sora video generator to the public, stepping into an increasingly crowded field of AI tools that has raised concerns about disruption to creative industries.
Taiwo Oyedele lists 50 ways every Nigerian can benefit from Tinubu's tax reform bills
Taiwo Oyedele, the chairman of the Presidential Committee on Fiscal Policy and Tax Reforms, has explained ways the ongoing tax reform will benefit Nigerians.
CBN takes two key steps to crash dollar, boost FX reserves, stabilise naira, experts explain
The key steps taken by the Central Bank of Nigeria (CBN) have helped to stabilise the naira against the dollar and increase Nigeria's foreign exchange reserves.
Italian prosecutor says Meta owes more than 887 mn euros in VAT
A Milan prosecutor on Monday said that Meta, the parent company of Facebook and Instagram, owes more than 887 million euros in value added taxes on estimated revenue it generated in Italy between 2015 and 2021.
UK finance minister hails 'milestone' talks with EU counterparts
UK finance minister Rachel Reeves advocated Monday for "more normal trading relations" with the European Union, as she became the first British chancellor since Brexit to attend a meeting of eurozone counterparts.
China probes Nvidia for 'violating' anti-monopoly law
China on Monday launched an investigation into US chip giant Nvidia for allegedly violating its anti-monopoly laws, a top government agency said, as the two countries race for global chipmaking dominance. The US government in 2023 restricted Nvidia from selling some of its top AI chips to China, which the US sees as a strategic competitor in the field of advanced semiconductors.
“Expect further rise”: Experts predict new exchange rate as naira gains N300
The introduction of the Electronic Matching System by the Central Bank of Nigeria has enabled the naira to gain against the US dollar in the foreign FX markets.
Cash crunch fuels rising misgivings against Nigeria's money agents
Mobile money agents have become a familiar sight across Nigeria, using handy point-of-sale machines to provide essential services to millions of people without access to banking, particularly in hard-to-reach rural areas.
Air India buys 100 more Airbus aircraft
Air India has placed an order to buy 100 more Airbus aircraft, the Tata Group-owned carrier said Monday, in a deal aimed at bolstering its fleet and winning over flyers. Since taking over the former national carrier in 2022, the sprawling Tata Group conglomerate has sought to turn around the loss-making airline by ordering new aircraft and upgrading its existing fleet.
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