The Federal Inland Revenue Service (FIRS) has said it will commence the process of enforcement and recovery of unremitted tax deductions owed by some States…
View More FIRS to commence recovery of unremitted tax deductions by states, local governmentsCategory: Business
FG okays NNPC, ECOWAS deal on Nigeria-Morocco gas pipeline
The Federal Executive Council (FEC) has approved for the NNPC to enter into an agreement with ECOWAS for the construction of the Nigeria-Morocco Gas Pipeline.…
View More FG okays NNPC, ECOWAS deal on Nigeria-Morocco gas pipelineDiscos, Gencos, others’ revenue shortfall rises to N1.6tn
Total shortfall in the Nigerian power sector has reached N1.6trn in eight years, findings have shown. The Executive Director, Research and Advocacy, Association of Nigerian…
View More Discos, Gencos, others’ revenue shortfall rises to N1.6tnCabals benefitting from petrol imports frustrating local refineries –IPMAN
The massive imports of Premium Motor Spirit, popularly called petrol, using the United States dollar, will continue to put pressure on the naira and cause…
View More Cabals benefitting from petrol imports frustrating local refineries –IPMANBizman laments as sister, boyfriend steal N14m from company
A businessman, Leonard Chukwuma, has told a Chief Magistrate’s Court sitting at Ebute-Meta, Lagos State, how his half-sister, Adaku, and her boyfriend, Ikechukwu Eze, allegedly…
View More Bizman laments as sister, boyfriend steal N14m from companyCooking gas demand falls by 38%, marketers clash over price
National cooking gas demand has dropped by 38 percent, according to the Nigerian Association of Liquefied Petroleum Gas Marketers, NALPGAM. The revelation came on the…
View More Cooking gas demand falls by 38%, marketers clash over priceCBN loans to farmers hit N1tn amid rising default rate
The total amount disbursed under the Anchor Borrowers Programme of the CBN rose to N1.01tn as of the end of April. Figures obtained from the…
View More CBN loans to farmers hit N1tn amid rising default rateNBS: In 12 months, Food prices record 42% surge
Selected food prices recorded an increase of 42 per cent in one year, figures by the National Bureau of Statistics have shown. A new report…
View More NBS: In 12 months, Food prices record 42% surgeStates groan over delayed revenue sharing, FAAC meets today
The Federation Account and Allocation Committee meeting initially scheduled for last week will now hold on Tuesday and Wednesday. The Chairman of the Finance Commissioners…
View More States groan over delayed revenue sharing, FAAC meets todayNDDC revokes contracts, orders contractors to refund monies
The Niger Delta Development Commission (NDDC) has announced that it has revoked contracts awarded before December 31, 2019, where the contractors didn’t move to the…
View More NDDC revokes contracts, orders contractors to refund monies