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Nigeria May Lose Tax Debt If Multichoice Is Sold

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A member of the Nigerian House of Representatives, Saidu Abdullahi has revealed that there are ongoing arrangements to sell Multichoice Group and its subsidiaries to a foreign buyer. However, there is a concern as the company has unresolved tax debts and this calls for urgent actions for MultiChoice to recover the outstanding taxes. In Abdullahi’s words, “There are ongoing arrangements …

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MTN Nigeria’s blueprint for long-term financial planning

Long-term financial planning goes beyond mere budgeting; it’s a strategic roadmap that helps companies like MTN Nigeria prepare for unforeseen challenges and capitalize on opportunities. By establishing a solid financial foundation, the company can enhance its ability to weather economic uncertainties and maintain financial health over the long run. A crucial aspect of long-term financial planning is the integration of …

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MTN Losses N177.8 billion in 2023

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MTN Nigeria Plc has announced a staggering loss before tax of N177.8 billion for the fiscal year 2023, a significant downturn from the N518.8 billion pre-tax profit reported a year earlier. The losses have led to a complete wipe-out of shareholders’ funds. The primary driver behind this unprecedented loss is a massive foreign currency loss amounting to N740 billion, a …

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Luck and Skill in Online Sports Betting

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Luck and Skill in Online Sports Betting The debate between luck and skill in sports betting is a heated one among punters. Have you ever pondered the most effective strategies for achieving significant wins in sports betting? Questions arise about the level of skill involved in betting – does it hinge primarily on luck, or is skill the determining factor? …

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Apple To Invest in AI after 10Years of Electric cars

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The parent company behind the iPhone and MacBook, Apple will now wind down its team working on electric cars, called Special Projects Group, a decade after kicking off the project, per reports on Tuesday. According to an announcement by the company executives in a short meeting, the tech giant will be scuttling its secretive and long-running effort to build an …

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