Federal Inland Revenue Service

Company News

MultiChoice Shares Soar as Nigerian Tax Dispute is Settled

Zintle - March 11, 2022

South Africa's MultiChoice Group, one of the leading entertainment companies in Africa, saw a rise in its shares on Thursday after the company reached a settlement agreement of $4.4 billion with Nigerian authorities. According to Bloomberg, MultiChoice had agreed to...

Company News

MultiChoice Denies It Has to Pay $2.2-Billion Tax Backlog to Nigeria

Luis Monzon - August 26, 2021

South African entertainment powerhouse MultiChoice has disputed reports that it has been ordered by a Nigerian appeal tribunal to pay 50% of an N1.8-trillion ($4.4-billion) disputed tax backlog imposed on it by Nigerian authorities. MultiChoice had to pay $2.2-billion as...

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Latest News

Artificial IntelligenceMamsi Nkosi - December 7, 2024

Orange Launches Open-Source AI in African Languages for Inclusivity

Orange is partnering with OpenAI and Meta to improve AI large language models (LLMs) for regional languages in Africa...

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