Category: Business
FIRS apologises to Tax Appeal Tribunal for late process filing
The Federal Inland Revenue Service (FIRS) on Tuesday apologised to the Tax Appeal Tribunal sitting in Abuja for the delay in serving processes on an appellant, Mr Joseph...
Dollar near two-week low before Fed meeting
The dollar was on the defensive on Tuesday, weighed by growing expectations the Federal Reserve would adopt a more accommodative policy outlook this week and concerns...
BMO hails Buhari’s foresight as non-oil exports rise by 15%
The 15 percent rise in foreign exchange earnings from non-oil export is a vindication of President Muhammadu Buhari’s foresight in diversifying the Nigerian economy....
FIRS arraigns companies, three others over tax evasion, assault on revenue staff
The Federal Inland Revenue Service (FIRS) on Monday arraigned Fortless Global Concept Limited and Everyday Wine Shop and their representatives at the Federal High Court,...
Forex: Dollar on back foot after soft data fans bets on dovish Fed
The dollar licked its wounds on Monday after soft U.S. data increased bets the Federal Reserve will cut rates later this year while the pound hovered near nine-months...
Oil slips on economic slowdown, as OPEC-led cuts still support
Oil prices dipped on Monday amid concerns that an economic downturn may dent fuel consumption, but crude markets remain broadly supported by supply cuts led by producer...
AMCON outsourced 6,000 accounts to AMPs worth N740billion – Kuru
Managing Director/CEO, Asset Management Corporation of Nigeria (AMCON), Mr. Ahmed Lawan Kuru, hinted that AMCON may disengage Asset Management Partners (AMPs) that...
41Billion barrels of crude oil remain untapped – Baru
The Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Dr. Maikanti Baru, has stated that more than 41billion barrels of crude oil and...
‘Why Glo is supporting 2019 Africa CEO Forum’
Fully integrated telecommunications solutions provider, Globacom, says it decided to sponsor the 2019 Africa CEO Forum because of its desire to help Africa transform its...
Naira gains marginally against dollar at parallel market
The Naira on Wednesday gained marginally against the dollar at the parallel market in Lagos, exchanging at N358 to the dollar. The News Agency of Nigeria (NAN) reports...
