Category: Business

New tax law: Traders, business owners now prefer cash to bank transfers– NAN study 

 Some traders, business owners now prefer cash payment from customers for goods and services rendered. This followed implementation of the new tax law, a News Agency of...

LIRS Reiterates January 31st Deadline for Employers’ Annual Tax Returns Filing

    The Lagos State Internal Revenue Service (LIRS) has reiterated the statutory deadline of 31st January 2026 for all employers of labour in Lagos State to...

Telecoms: NCC engages Pwc to undetake Review of Competition in sector

  The Nigerian Communications Commission (NCC) has engaged PricewaterhouseCoopers (PwC) to undertake a comprehensive review of competition within the...

Equities market records N1.7trn gain

Equities   The equities market recorded a historic gain of N1.662 trillion on Tuesday at the close of trading, reflecting sustained bullish sentiment among...

Gold, Lithium Plants Position Nigeria as Africa’s Minerals Supply Hub – Alake*

  The Minister of Solid Minerals Development, Dr. Dele Alake, has affirmed that the establishment of lithium processing and gold refining plants across Nigeria is...

ADSW:Tinubu arrives Abu Dhabi

  President Bola Ahmed Tinubu arrived in Abu Dhabi, United Arab Emirates (UAE), on Sunday ahead of his participation in the 2026 edition of Abu Dhabi Sustainability...

AFCON 2025: BUA Chairman dangles $500,000, goal bonuses for Super Eagles

      BUA Group Chairman, Abdul Samad Rabiu, has pledged cash rewards to Nigeria’s Super Eagles after their 2-0 victory over Algeria in the AFCON 2025...

Trump’s $100 Billion Venezuela Oil Plan Gets a Cool Reception

    President Trump met with oil and gas executives on Friday in an effort to push them to invest money in Venezuela, a plan many of them are reluctant to do....

𝐑𝐞𝐬𝐩𝐨𝐧𝐬𝐞 𝐭𝐨 𝐊𝐏𝐌𝐆: 𝐎𝐛𝐬𝐞𝐫𝐯𝐚𝐭𝐢𝐨𝐧𝐬 𝐨𝐧 𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐍𝐞𝐰 𝐓𝐚𝐱 𝐋𝐚𝐰𝐬

♦ —𝘉𝘺 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘍𝘪𝘴𝘤𝘢𝘭 𝘗𝘰𝘭𝘪𝘤𝘺 𝘢𝘯𝘥 𝘛𝘢𝘹...

KPMG spots loopholesin Nigeria’s new Tax Law

  KPMG, globally renowned auditing firm with expertise on tax services, says it has identified loopholes in the new tax laws. The Presidential Fiscal Policy and Tax...