More Nigerians to lose jobs as a result of the N1.224trn IMF loan

Yanju Uwala – Tougher times ahead, as tax rates tends to increase There are signs that Nigerians may face tougher times as the Federal Government aims to repay the $3.4

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How EU releases €50 million grant to Nigeria over COVID-19 pandemic

The European Union, EU, on Tuesday gave the Nigerian government a grant of €50 million to help the country fight the spread of the deadly Coronavirus disease. President Buhari was

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NDIC liquidates 427 institutions — official

The Nigeria Deposit Insurance Corporation (NDIC), says it has liquidated 427 financial institutions as at December 2019. Mr John Abiodun, the Assistant Director, Insurance and Surveillance Department, NDIC, said this

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Tax Revenue From Lottery Industry Can Take Nigeria Out Of Economic Problems – Kashamu

  A former senator, Buruji Kashamu, has said tax revenue from lotto industry can take Nigeria out of its economic woes if properly harnessed. Kashamu, who represented Ogun East Senatorial

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Monetary Policy Committee Of CBN Retains MPR at 13.5%

  The Monetary Policy Committee (MPC) of the Central Bank of Nigeria (CBN) on Friday raised the Cash Reserves Ratio (CRR) from 22.5 per cent to 27.5 per cent. While

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Companies With Less Than N25m Turnover Will No Longer Pay Company Tax, FG

    The Finance Bill 2019, when signed into law, will ensure that small businesses with turnover less than N25m will be exempted from Companies Income Tax. Currently, all companies

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Nigeria’s border closure: The Pains, gains and challenges

      Nigeria shares international boundaries with the Republic of Benin to the west, Cameroon and Chad to the east and Niger, to the north. Apart from these official

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OUR 2020 BUDGET WILL BE PEOPLE ORIENTED, ABIODUN

Ogun State, Ogun State Governor, Prince Dapo Abiodun has said “no vanity project” will feature in the 2020 budget. The Governor who spoke in Abeokuta, the Ogun State capital, yesterday

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ICPC Uncovers N18.62bn Scam By MDAs

        The Independent Corrupt Practices and other Related Offences Commission (ICPC) says it has uncovered gross abuse of personnel budget and inflation as well as padding of

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Nigeria customs impounds 1,343 bags of foreign rice, others worth N492m, makes 6 arrest

    The Federal Operations Unit (FOU) Zone ‘C’ of the Nigeria Customs Service (NCS) in Owerri said it impounded 1,343 bags of foreign rice and other contraband worth N492

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