Category: Business
FIRS to charge VAT on lottery, betting, automate collection
The Federal Government has announced plans to charge Value Added Tax (VAT) on lottery and gaming activities and automate collection from operators in the Lottery Sector....
Court orders sale of tax evaders’ properties to defray N35.9m debt
The Federal High Court, Abuja, has ordered the sale of two landed properties belonging to two tax evaders: Zaibadari Company Limited and Tradecraft Nigeria Limited to...
Video: I withdrew $10m just to look at it, says Dangote
Aliko Dangote, Africa’s richest man, says he withdrew $10 million just to look at it and convince himself that he is rich. Speaking at the Mo Ibrahim governance...
Fire destroys building, shops in Lagos (See photos)
A fire outbreak has destroyed multi-million naira worth of valuables at a building housing multiple shops on Shonola street in Aguda-Ogba area of Lagos on Saturday....
NNPC expresses commitment to zero gas flare regime
The Nigerian National Petroleum Corporation (NNPC) has expressed its commitment to a zero gas flare regime for every new gas project, even as it trains its sights on...
Kaduna govt pledges support for AKK Pipeline Project
The Abuja-Kaduna-Kano (AKK) gas pipeline project received a major boost on Thursday as the Kaduna State Government pledged to join forces with the Nigerian National...
International expert faults Shell, ENI on OPL 245 oil block valuation
Oil giants, Shell and ENI suffered another setback today in Milan, Italy as a renown international expert, Mr. Stephen Rogers, from the esteemed Athur D Little firm in...
FIRS targets N750b from millionaire tax debtors
The Federal Inland Revenue Service (FIRS) expects to pull in about N750 billion from about 55,000 millionaire tax debtors. This was made known on Monday in Abuja by the...
ExxonMobil targets $3b from sale of Nigeria oil, gas fields
Oil major, Exxon Mobil, is planning to sell a suite of oil and gas fields in Nigeria as it focuses on new developments in the United States (U.S.) shale and Guyana,...
Revenues: FG determined to improve it – Udoma
The Minister of Budget and National Planning, Senator Udoma Udo Udoma, on Tuesday in Abuja, emphasised that the Federal Government is determined to improve its...
