Business

All the recent business news in Nigeria, economy and industry updates.

FG decries unfair global tax rules, to begin informal sector taxes

The Minister of Finance, Budget and National Planning, Mrs. Zainab Ahmed, has called for the abolishment of unfair international tax rules skewed agai

NDIC pays N11.83bn to depositors of failed banks

The Nigeria Deposit Insurance Corporation (NDIC) has paid N11.83 billion to 443,949 insured depositors of failed banks as of June 2022. The Managing D

INTELS trains 1,700 women in skills

Nigeria’s oil and gas logistics firm, INTELS Nigeria Limited has trained 73 beneficiaries of its Women Empowerment Project Scheme Synergy (WEPSS), rai

SEC warns fund managers against holding clients’ funds, securities

The Securities and Exchange Commission (SEC) has warned fund managers against holding on to clients’ funds and securities, noting that defaulters will

Appzone launches digital banking platform for Nigeria, others

A fintech software provider, Appzone, has launched its Banking-as-a-Service (BaaS) platform, Qore, to improve digital banking in Nigeria and other Afr