FG pays N157.3bn tax arrears to states
The Federal Government has paid the sum of N157.35bn Pay-As-You-Earn tax liabilities owed by Federal ministries, departments and agencies to...
Customs Tighten Noose, Bar Supply of Petrol to Borders
The Nigeria Customs Services (NCS) has ramped up efforts to curtail smuggling with a directive to the Nigerian National Petroleum...
Ghanaians enraged over border closure
Nigerians doing business in Ghana have been asked to quit their shops by Thursday, November 14, 2019, or be forcibly...
FG bars cash transaction in post offices
The Federal Government has ordered the immediate termination of cash payment in offices of the Nigeria Postal Services across the...
Nigeria’s Neighbours Must Obey Fair Trade Rules, Says Emefiele
Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, wednesday said Nigeria’s neighbours must comply with fair trade...
Bill to hike VAT passes second reading in Senate
An Executive bill forwarded to the National Assembly seeking to make changes in the Nigerian tax and fiscal law scaled...
Border closure triggers boom in airport cargo movement
The Murtala Muhammed International Airport (MMIA) recorded over 100 per cent increase in cargo movement comprising import and export in...
CBN’s examination shows breach of rules by BDC operators
Despite the increasing awareness and reforms in the Bureau De Change (BDC) sub-sector, a significant number of operators are below...
FIRS woos foreign investors to Nigeria with attractive tax
The Federal Inland Revenue Service (FIRS), has tasked foreign investors to consider Nigeria as their first option for business considering...
Nigeria lost $42bn to crude oil and products theft in 10 years – NEITI
Crude oil and refined products worth $41.9 billion were stolen from Nigeria in the last 10 years (2009 – 2018),...
CBN stops treasury bills’ sale to individuals
The Central Bank of Nigeria has given a directive to banks and other financial institutions to stop the sale of...
Equities market extend losing streak as index slumps further
Equities market extended the losing streak at the end of yesterday’s transactions, as more bluechip stocks depreciated in price, resulting...
Customers Call for Lower Charges, Enhanced Security on Digital Platforms – Agusto & Co. Report
Customers have called on banks to enhance security measures on their digital platforms and reduce charges for frequently used services...
PenCom Urges Workers to Update RSA
The National Pension Commission (PenCom) has urged contributors into the Contributory Pension Scheme(CPS) to go to their Pension Fund Administrators...
Customs, firm bicker over seizure of controversial spoilt rice
The closure of Nigerian borders has elicited divergent views from stakeholders, but the seizure of contraband has been a common...
Air Peace flight makes emergency return over engine failure
An Owerri-bound Air Peace flight from the Murtala Muhammed Airport, Lagos, on Tuesday morning made an air return over engine...
Millions of Naira Property, Goods Lost to Lagos Inferno
A raging inferno yesterday gutted some high-rise buildings housing shops and residential homes at the Balogun Market, Victoria Island area...
May & Baker Nigeria Grows Profit by 14% to N696m in Nine Months
May & Baker Nigeria Plc grew its profit after tax (PAT) by 14 per cent in the nine months ended...
Foreign investment in equities rises to $9.48bn
The value of foreign portfolio and direct investment in equities amounted to $9.48bn (N3.44tn) between June 2017 and June 2019....
NSE All-Share Index Falls 0.10% as Market Returns to Negative Mode
The Nigerian equities market returned to negative mode yesterday as the Nigerian Stock Exchange (NSE) All-Share Index fell by 0.10...
NNPC to build two new refineries
The Nigerian National Petroleum Corporation has said it is in the process of establishing two new 200,000 barrels-per-day condensate refineries...
Agusto & Co. Assigns ‘4 star’ Ratings to Two Banks in Nigeria
Agusto & Co Limited, leading Pan African credit rating agency in Nigeria for over 26 years has released its 2019...
NIMC to complete digital registration of Nigerians by 2024
All Nigerians and legal residents in the country will be captured in the national identity database within five years, the...
FG to open Lagos-Ibadan road diversions Dec 15 ….orders relocation of trucks at Ogere
The Federal Government has said all diversions around construction zones on the Lagos-Ibadan Expressway will be opened to motorists from...
Like Nigeria, India Set to Slam Fines on Palm Oil Importation
India, the world’s largest buyer of palm oil is to impose more heavy fines on imported palm oil products in...
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