Tag: regulatory compliance
Business Taxes & Duties Top Story

MultiChoice settles tax dispute with Nigerian tax authorities, agrees to pay $37.3 million liability

Africa’s largest pay-TV company, MultiChoice Group, has successfully resolved a protracted tax dispute with the Nigerian tax authorities. The settlement, reached after rigorous negotiations, involves substantial payments and marks a significant milestone in the company’s commitment to regulatory compliance and responsible corporate citizenship. In 2022, Nigeria’s Federal Inland Revenue Service (FIRS) took decisive action by Read More…
Corruption Crime Nigeria Top Story

HOR threatens NCAA management with EFCC prosecution over alleged missing N43 billion revenue

Rep. James Faleke, Chair of the House Committee on Finance, didn’t hold back during an interactive session in Abuja, warning that the Nigeria Civil Aviation Authority (NCAA) might face EFCC takeover due to an alleged N43 billion revenue gap reported for 2022. Faleke’s statement came amid revelations from the Federal Airport Authority of Nigeria (FAAN), Read More…