The International Monetary Fund (IMF) has blamed FG’s “over-optimistic revenue projections” as the main reason why the CBN’s lending to the FG continues to increase at...
1. VAT increased from 5% to 7.5%. 2. Bank Withdrawal Tax of 3% for individual and 5% for corporate bodies. 3. Bank Deposit Tax of 2% for individual...
By Richards Adeniyi The Forward Operating Base of the Nigerian Navy in Ibaka, Akwa Ibom State, has arrested six suspected smugglers and seized 256 bags...
By Richards Adeniyi The Managing Director of Nigerian Ports Authority (NPA), Hadiza Bala Usman, says the Port Harcourt Port in Rivers State has reached the end of...
By Richards Adeniyi The Nigeria Customs Service (NCS) has sealed the premises used for selling cars in Katina and Sokoto states. The action is coming two...
By Richards Adeniyi The Minister for Transportation, Mr. Rotimi Amaechi, Monday handed over Outline Business Case Certificate (OBC) to the Cross River State Governor, Senator Ben...
Due to the pressure placed on Deposit Money Banks by the Central Bank of Nigeria (CBN) to meet the 60% Loan-to-Deposit Ratio (LDR) deadline of September...
No fewer than 272 car marts have been shut by the Nigeria Customs Service during a raid on car marts suspected to be harbouring smuggled vehicles....
Airtel Nigeria maintains a position as the internet provider with the second-largest subscribers estimated at 32.7 million or 27% of total industry subscribers, edging out Glo...
The chairman of the Federal Inland Revenue Service (FIRS), Babatunde Fowler says there is no harm in introducing a communication tax. Fowler made this known recently...