Uber is gone from Nigeria. Effective today, the company has shut down ride-hailing operations in a country it helped introduce to app-based transport back in 2014. Simultaneously, it has exited Uganda, the fourth African country it has left in under a year, following earlier withdrawals from Tanzania and South Africa’s smaller cities. Uber’s official statement…
For years, anyone trying to run a crypto business in Nigeria had to answer to two regulators that didn’t always agree with each other. The Central Bank of Nigeria worried about the naira and financial stability. The Securities and Exchange Commission worried about growing the market safely. Neither used the same definitions for what counted…
Filing taxes in Nigeria has become significantly easier with the introduction of online platforms, but many Nigerians still find the process confusing. This comprehensive guide on how to file tax in Nigeria explains everything from obtaining your Tax Identification Number (TIN) to submitting returns through the Federal Inland Revenue Service (FIRS) TaxPro-Max portal, helping you…
The decision by Dangote Petroleum Refinery to reduce the ex-depot price of Premium Motor Spirit (PMS) has come with significant implications for petroleum marketers, Industry stakeholders revealed that the sudden price reduction, announced Saturday night, may have been prompted by threats from some traders to begin importing fuel due to the lower cost of foreign…