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Business

Economy

CBN goes after bank customers using fake visas to obtain forex

David Abakpa -
To sustain the stability of the foreign exchange market, the Central Bank of Nigeria CBN Tuesday, read the riot act to bank customers using...
Business

Cooking gas price jumps by 100% as FG implements imports tax

David Abakpa -
The Federal Government has implemented a 7.5 per cent tax on imported Liquefied Petroleum Gas, popularly called cooking gas, as the cost of the...
Business

$2bn tax remittance: FG says MTN has payment plan with FIRS

David Abakpa -
Telecommunications company, MTN, has a payment plan with the Federal Inland Revenue Service (FIRS) to pay the tax remittance of two billion dollars. Mrs Zainab...
Economy

NCC’s state of readiness is very high, Danbatta brags on deployment of 5G

David Abakpa -
...Lauds industry’s healthy competition Shortly after the Minister of Communications and Digital Economy, Dr. Isa Ali Ibrahim Pantami revealed the Federal Government’s position on the...
Business

ICAN seeks amicable resolution of VAT collection dispute

David Abakpa -
The Institute of Chartered Accountants of Nigeria (ICAN), has implored Rivers and Federal Governments to amicably resolve the issue of VAT collection, to protect...
Economy

Fed Govt targets tax raise in 2022 to freeze borrowing

David Abakpa -
Lawan: next year’s budget to focus on security, legacy projects Taxes may go up next year as a result of the...
Business

Continue to pay your VAT to us — FIRS urges taxpayers

David Abakpa -
The Federal Inland Revenue Service (FIRS) has urged taxpayers to continue to pay their Value Added Tax (VAT) to it to avoid paying penalties...
Business

FirstBank boosts SMEs with N500,000 grant –official

David Abakpa -
FirstBank of Nigeria Ltd on Sunday announced a N500,000 business grant to five Small and Medium Enterprises (SMEs), through its SMEConnect initiative aimed at...
Business

FIRS urges taxpayers to meet VAT obligations as it appeals court judgment, says official

David Abakpa -
The Federal Inland Revenue Service (FIRS) says it has appealed a recent judgment of the Federal High Court in Port Harcourt, Rivers State, on...
Business

Air Peace begins Douala, Ibadan flights Aug. 19 — Official

David Abakpa -
Air Peace  says its scheduled commercial flights from Lagos and Port Harcourt to Douala, capital of Cameroon will begin on Aug. 19. Spokesperson for the...
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