Nigeria mulls tax cut, unified revenue collection per govt tier
The Federal Government, through the Presidential Committee on Fiscal Policy and Tax Reforms has disclosed plans to cut down the number of taxes payable in Nigeria to less than ten–single digit. This...
View ArticleNatural Oil and Gas Suppliers Association of Nigeria Bemoans Effect of Fuel...
The Natural Oil and Gas Suppliers Association of Nigeria on Wednesday faulted the process followed by the President in the removal of fuel subsidies. The National Executive Council of the Natural Oil...
View ArticleLCCI decries shrinking capital into manufacturing sector
The Lagos Chamber of Commerce and Industry has raised concerns about the significant influx of loans and bonds into the manufacturing sector during the first half of the year. The Chamber noted in a...
View ArticleNaira Falls To One Thousand And Forty Nine Naira After CBN Restores Items
A day after the Central Bank of Nigeria (CBN) lifted forex restrictions on importing 43 items, the pressure on the foreign exchange (FX) market continued on Friday morning as the naira fell to one...
View ArticleNAFDAC reviews measures to stop rejection of Nigerian foods abroad
The National Agency for Food and Drug Administration and Control (NAFDAC), has put in place measures to address the incessant rejection of Nigerian foods exported abroad. NAFDAC said it has received a...
View ArticleRevenue Services: Federal Inland Revenue Service Chairman Assures Firms Of No...
Acting chairman of the Federal Inland Revenue Service, Zacch Adedeji, has allayed fears being expressed by corporate organisations that the resolve of FIRS to increase the country’s tax-to-GDP ratio to...
View ArticleFederal Government Attracts Two Billion Dollars Investments In Renewable...
As part of the National Poverty Reduction and Growth Strategy programme, the Federal Government through the Rural Electrification Agency has announced that it attracted over two billion dollars in...
View ArticleFG plans development of affordable homes for 80% low-income earners
The Minister of Housing and Urban Development, Ahmed Dangiwa, has communicated plans to develop cost-effective housing designs and promote the construction of quality and affordable housing for...
View ArticleFG plans affordable homes for 80% low-income earners
The Minister of Housing and Urban Development, Ahmed Dangiwa, has communicated plans to develop cost-effective housing designs and promote the construction of quality and affordable housing for...
View ArticleFG issues 94 import licences to oil marketers
The Federal Government, through the Nigerian Midstream and Downstream Petroleum Regulatory Authority, says it has issued a total of 94 importation licenses to oil marketers. The Chief Executive, of...
View ArticleNG-CARES: Kwara Government To Lift Vulnerable Citizens, Businesses Out Of...
In the bid to eradicate poverty and to resolve the challenges of the poor and vulnerable individuals, groups and businesses affected by the Covid-19 pandemic, the Kwara State Government on Tuesday...
View ArticleSpeculators lose as dollar falls by 8.39% on parallel market
Following some government-announced policies, Dollar on Friday reportedly fell by eight point three-nine percent on the parallel market. It was gathered that on Friday the naira strengthened to one...
View ArticleI’ll Create Conditions for Genuine Businesses, Frustrate Criminal Adventures...
President Bola Tinubu has assured genuine businesses intending to invest in Nigeria that his government was determined to create the conducive atmosphere for genuine businesses to thrive. Tinubu, who...
View ArticleReps summon Humanitarian Minister, Betta Edu over Cash Transfer Programme
The House of Representatives, on Tuesday, summoned the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, to appear before it. In sequel to a motion of urgent public importance, the...
View ArticleTinubu Assures Conditions for Genuine Investments; Frustrate Criminal Adventures
President Bola Tinubu has assured genuine businesses intending to invest in Nigeria that his government was determined to create a conducive atmosphere for genuine businesses to thrive. Tinubu, who was...
View ArticleHouse Of Representatives Summon Humanitarian Minister Over Cash Transfer...
The House of Representatives, on Tuesday, summoned the Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, to appear before it. In sequel to a motion of urgent public importance, the...
View ArticleCBN Clarifies Plans to Restructure, Redenominate Naira
The Central Bank of Nigeria (CBN) has dismissed rumors suggesting any plans for the redenomination of the Naira, set to take effect from January 2024. The response from the CBN comes in light of an...
View ArticleTinubu Calls For Two Trillion Naira Discos Recapitalization, Tariff Review
President Bola Tinubu has revealed that Nigeria’s power sector privatization had failed to meet its objectives, as the national grid was serving only about fifteen percent of the country’s electricity...
View ArticleInvestments in Oil Sector Uncertain despite PIA – Operators
Operators in Nigeria’s oil and gas sector have said there was still uncertainty with respect to investments in the industry despite the enactment of the Petroleum Industry Bill about two years ago....
View ArticlePassport applicants accuse NIS officials in Abuja of extortion
Some Nigerians who applied for international passports have accused personnel of the Nigerian Immigration Service (NIS) Abuja passport office, of massive extortion. The passport applicants said nothing...
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