The Federal Inland Revenue Service has directed commercial banks in the country to freeze the accounts of Multichoice Nigeria Limited and Multichoice Africa, in a bid to recover about ₦1.8 trillion outstanding taxes. In a […]
Amazon and Blue Origin founder Jeff Bezos will donate $200 million to the Smithsonian, the largest gift in the history of the institute, a statement said Wednesday. A $70 million portion of the donation will […]
The Federal High Court will on July 26 proceed on a three-week annual recess, the Chief Information Officer Catherine Oby Christopher, said on Monday. Chief Judge of the Federal High Court of Nigeria, Honorable Justice […]
The House of Representatives has weighed in on the proposed Press Council Bill currently before the National Assembly, saying that no attempt will be made by the lawmakers to gag the media. The bill, which […]
Foreign direct investment (FDI) inflows to Nigeria increased to $2.4 billion in 2020 from $2.3 in the previous year despite the COVID-19 pandemic that plagued global economies. This is contained in the United Nations Conference […]
The World Bank has advised the federal government to focus on low-hanging and revenue-yielding fruits in order to achieve substantial gains, grow Nigeria’s tax-to-GDP ratio to about seven per cent and rake in about N10 […]
The federal government has projected a rise to 4.2 per cent of the country’s Gross Domestic Product (GDP) in 2022. The Minister of Finance, Budget and National Planning, Zainab Ahmed, said this at the Public […]
Former Deputy Governor of the Central Bank of Nigeria and former Presidential Candidate, Professor Kingsley Moghalu, has joined the advocacy for economic diversification, which he described as a matter of existential importance given the current […]
According to Vice President Yemi Osinbajo, thanks to the federal government’s COVID-19 stimulus package, the Nigerian economy did not degenerate as feared and at least over 2 million jobs have both been created and saved […]
The Senate on Tuesday received a joint committee report on the petroleum industry bill. The bill was laid before the Senate by the Chairman of the Committee on Petroleum (Downstream), Senator Mohammed Sabo. President of […]
The Kaduna State Internal Revenue Service has sealed three hotels and a hospital over N22.2 million tax liabilities. According to the service, the affected facilities which are located in the state capital were owing the […]
Nigerian and Ghanaian parliamentary leaders on Wednesday commenced a discussion on how to resolve the trade impasse between the two countries. Speaking at a press conference after a closed-door diplomatic meeting in Abuja, the Speaker […]
OPEC+ ministers resume talks on Monday after failing to reach a deal on oil output policy in two days of talks last week amid a rare public standoff between Gulf allies Saudi Arabia and the […]
Bi-Courtney Aviation Services Limited (BASL), operator of the Murtala Muhammed Airport Terminal Two (MMA2) has advised travelers and others using the terminal to avail themselves of the rules guiding the picking up and dropping of […]
Naira gained further at the official market on Tuesday as forex supply increased, but maintained stability at the parallel market segment after recording a sharp fall in the previous session on Monday. Data posted on […]
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