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FG sues Binance, seeks $79bn as penalty, additional $2bn tax

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The federal government has sued cryptocurrency trading company Binance Holdings Limited at the Federal High Court in Abuja, demanding $79bn and N231m as compensation...

CAC extends penalty deadline for annual returns

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The Corporate Affairs Commission (CAC) has extended the deadline for the commencement of penalties against companies that failed to file annual returns, from Jan....

Nigeria has unpaid gas royalty of $559.8 million, unpaid gas flare...

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Nigeria has an unpaid gas royalty of $559.8 million and an unpaid gas flare penalty of $828.8 million. This was according to the Nigerian Extractives...
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