Economic Confidential

DFID, FCA To collaborate with SEC on Fintech

DFID, FCA To collaborate with SEC on Fintech The Department For International Development, DFID, Financial Conduct Authority, FCA and the Securities and Exchange Commission, SEC have agreed to collaborate to develope the Fintech space in Nigeria. Speaking when she received...

Finance Act: Elites to pay more as FIRS Eyes fair tax regime

Finance Act: Elites to pay more as FIRS Eyes fair tax regime Nigeria stands at the threshold of a new, transparent, accountable and fair tax regime in which those who make more from the system pay a more equitable...

NNPC Records 16 Per Cent Increase in Gas Supply to Power

NNPC Records 16 Per Cent Increase in Gas Supply to Power … As Vandalism of Corporation’s Pipeline Infrastructure Rises to 94 Per Cent The Nigerian National Petroleum Corporation (NNPC) has said that the daily average natural gas supply to gas-powered plants...

Long Night for Eco Currency

Long Night for Eco Currency By Joy Nguri The Economic Community of West African States, ECOWAS, experienced noticeable beehive of activities centered on mechanism towards the adoption of ECO currency. The move, which saw many ECOWAS government officials, Finance Ministers and...

FIRS Moves to block $10 billion tax leak by multinationals

FIRS Moves to block $10 billion tax leak by multinationals Nigeria is losing about $10 billion of tax through illicit profit shifting by multinational corporations operating in the country, which otherwise would have been applied to critical infrastructure development by...

Nigeria loses N5.5trn to fraud, cybercrimes in 10yrs

Nigeria loses N5.5trn to fraud, cybercrimes in 10yrs The Chartered Institute of Forensic and Investigative Professionals of Nigeria, CIFIPN, has said Nigeria has lost about N5.5 trillion to fraud, corruption and cybercrimes in the last 10 years. Pro-tem President, CIFIPN, Dr....
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