Category: Business

SEC begins  100% custody requirement for CIS

In a bid to further protect investors and deepen the capital market, the Securities and Exchange Commission has announced that it has commenced the implantation of 100%...

Capital Market Can Help bridge infrastructure gap – SEC

  The Securities and Exchange Commission has again affirmed that the capital market has the potentials to bridge the infrastructure gap in the country as well as...

Reps introduce bill to allow states collect VAT

The Federal House of Representatives is planning a law that may soon be passed backing the states of the federation on resource control; right to mining their resources...

FG will allocate houses online on basis of ‘first come, first served’ – Fashola

  Minister of Works and Housing, Babatunde Fashola, has said that Federal Government houses nationwide would be allocated through online applications. Fashola...

Board approves N1bn recapitalisation for Okitipupa Oil Palm

The Board of Okitipupa Oil Palm (OOP) Plc.ghas approved a N1billion recapitalisation plan for Okitipupa Oil palm. As a result,the company is set to begin...

Buhari in UN, calls for review of debt servicing for struggling nations

  … Says Boko Haram has been weakened *Reality of Climate Change is with us     President Muhammadu Buhari has called for a review of the debt...

Jimoh Ibrahim in trouble over N69.4billion debt owed AMCON

AMCON now empowered to sell debtors’ property

  The House of Representatives has passed for third reading, an amendment to the Asset Management Corporation of Nigeria Act which empowers the corporation to trace...

ASUU strike:NLC gives FG 21-day utimatum to resolve crisis

Rivers, six other southern states owe pensioners backlog of gratuities

  At least Rivers and seven state governments in the country are owing pensioners billions of naira in gratuities. This has led to many deaths while others are...

Value

FIRS should continue VAT collection- Malami

    Attorney General and Justice Minister,Abubakar Malami,has given the go ahead to the Federal Inland Revenue Service,FIRS, to collect Value Added Tax (VAT)...

lagos

VAT : Lagos fighting to defend fiscal federalism- Commissioner

  Efforts of the Lagos state government in the on going Value Added Tax war is towards the attainment of fiscal federalism for the benefit of all. Information and...